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Benzinga
Benzinga
Business
Caroline Ryan

Anthropic's Pre-IPO Credit Line Is Growing — and Banks Are Angling for Underwriting Roles

Anthropic IPO JPMorgan Artificial Intelligence Goldman Sachs Morgan Stanley
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Anthropic’s revolving credit facility is set to exceed its approximately $10 billion target, as the artificial intelligence company lays the groundwork for its highly anticipated initial public offering.

The potential expansion has banks looking to secure a role in the credit facility and potentially strengthen their chances of winning an underwriting mandate for the Claude chatbot maker’s IPO, sources familiar with the matter told Bloomberg.

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