Anthropic secures $15 billion credit facility, signaling IPO path

Morgan Stanley leads a banking consortium providing a $15 billion revolving credit facility to Anthropic.

The credit facility serves as a foundational step for Anthropic’s upcoming initial public offering.

Goldman Sachs, JPMorgan Chase, and Citigroup join Morgan Stanley in the financing group.

These same institutions expect to serve as lead underwriters for the company's public listing.

The final $15 billion deal size exceeded the initial $10 billion target.

Wall Street lenders increased the facility amount due to high demand for AI sector exposure.

The arrangement reinforces Morgan Stanley’s role in managing pre-IPO financing for major technology firms.