Anthropic PBC is nearing the finalization of an expanded revolving credit facility of $15 billion as it prepares for a highly anticipated initial public offering. Bloomberg reports that the move clears a procedural hurdle before the company’s public IPO filing, following a smaller revolver it secured last year.
Bloomberg and Quartz both cite people familiar with the matter and describe the facility as a major step in the run-up to the listing. Bloomberg adds details on the process and banking roles, saying Morgan Stanley leads the credit facility and that Goldman Sachs, JPMorgan Chase and Citigroup also play prominent roles. Bloomberg also notes that the same banks are leading the IPO.
Across outlets, there is emphasis on the timing—revolver facilities typically get finalized before banks are formally notified of their IPO roles. Some Bloomberg coverage also frames the credit line as strengthening Anthropic’s position for a potentially large raise, mentioning expectations that the IPO could seek proceeds comparable to, or greater than, SpaceX’s.
