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AsiaPac · 43 mins ago
Broadcom seeks more than $60 billion in latest AI debt deal, Bloomberg News reports
Aug 20 : Broadcom is in talks with a group of lenders to raise more than $60 billion in debt for an AI chip financing deal that will benefit Anthropic and other companies, Bloomberg News reported on Thursday, citing people familiar with the matter.The financing could include a roughly $30 billion junior debt tranche, and Broadcom would guarantee part of the senior-secured tranche possibly ranging from about $60 billion to $70 billion, the report said. The numbers under discussion would potentially bring the total raise to as much as $100 billion, according to the report.Blackstone and Apollo Global Management are in talks with Broadcom to participate in the financing, following a partnership the three companies struck in June, the report added. Broadcom, Apollo and Blackstone did not immed
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