Broadcom (AVGO.US) guarantees USD 360 billion financing for Anthropic, with core interest rates only about 5.75%, much lower than the conventional risk bond levels.

According to the Zhixin Finance APP, informed sources revealed that thanks to Broadcom (AVGO.US) promising to guarantee the largest part of the record-breaking chip financing deal, the financing cost of the $36 billion Anthropic deal was kept relatively low. The sources said that the deal arrangers, Apollo Global Management and Blackstone Group, are currently negotiating with investors about a 5.75% yield level for the largest portion of the debt, approximately $25 billion. The sources also stated that for another higher-risk portion of the financing that is not supported by Broadcom, the interest rate may be between 8% and 9%.