**[Wall Street Syndicate Launches Record $60 Billion AI Debt Financing to Fund Anthropic Chip Leasing]** BlockBeats News, October 6 — According to the Financial Times, Bank of America, Citigroup, and Morgan Stanley began distributing portions of a $60 billion debt financing package to other banks on Monday. The financing is intended to support Anthropic in leasing Google chips and acquiring AI computing power, marking a record-breaking transaction in chip financing. The three banks had previously committed to funding the deal. The financing plan includes approximately $42 billion in senior secured loans backed by Broadcom, which has now entered syndication distribution. With Broadcom's A-grade credit rating, this portion of the debt may later be sold through private placements or the investment-grade bond market. An additional $18 billion in subordinated debt, which is not backed by Broadcom, will be launched at a later stage, with Blackstone already committing to fund approximately $9 billion of it. The funds will be used for Anthropic's chip orders scheduled for 2027, with lease payments beginning after chip delivery. Since lenders of the subordinated debt will directly bear Anthropic's credit risk, banks may wait until Anthropic completes its planned IPO before marketing the debt to investors, allowing for more financial disclosures. This transaction is seen as a key test of market demand for AI debt financing. [Original Link]