[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"content-doc-dcioa7c926c2":3},{"user":4,"document":8,"mainDocument":27,"columnUrl":29,"subscription":30,"footer":42,"text":80},{"isAuthenticated":5,"isAdmin":5,"displayName":6,"avatarUrl":6,"nid":6,"groupLevel":7},false,"",-10,{"id":9,"fullTitle":10,"subTitle":6,"url":11,"columnId":12,"columnName":13,"columnUrl":14,"summary":6,"contentHtml":15,"mainContentHtml":6,"posterUrl":16,"createDate":17,"displayDate":18,"displayDateSlash":19,"pageviews":20,"tags":21,"hidden":5,"isSubContent":5,"replyDocOrTargetId":6,"contentType":23,"videoId":6,"liveVideoUrl":6,"useContentVideo":5,"duration":24,"price":24,"priceText":25,"priceBadgeText":25,"priceBadgeClass":26,"freeForMinGroupLevel":24,"redirectUrl":6,"readyToStream":5},"dcioa7c926c2","史上最大私募信贷交易之一落地：阿波罗(APO)、黑石(BX)敲定Anthropic-350亿美元融资","\u002Fdoc\u002Fdcioa7c926c2","col18178739ee","美股资讯","\u002Fcol\u002Fcol18178739ee","\u003Cp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">美股投资网获悉，据报道，阿波罗全球管理(APO)与黑石集团(BX)已敲定一笔规模达350亿美元的私募信贷融资方案，资金将用于支持人工智能初创公司Anthropic的扩张。这将是有史以来最大规模的私募信贷交易之一，此次融资将用于购买Alphabet旗下谷歌(GOOGL)开发的AI芯片。\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">由阿波罗旗下Atlas SP Partners设立的一家特殊目的公司(SPV)同时筹集了债务和股权资本，该交易由与AI芯片挂钩的长期租赁协议提供支持。报道援引知情人士称，这些租赁付款所产生的现金流支撑了此次融资的价值。\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">该项目代号为“Big Sky”，将融资分为三个债务层级。博通公司(AVGO)为其中两个优先级部分的利息支付提供了支持。博通负责生产谷歌的张量处理单元(TPU)，该公司同意在Anthropic未能按期付款的情况下承担利息支付义务，从而大幅降低了融资成本。\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">优先级债务包括约60亿美元的A1级票据，以美国国债收益率加100个基点的利差出售给银行;另有240亿美元以5.75%的收益率配售给资产支持型信贷投资者。\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">剩余45亿美元的次级债务层级未获得博通的背书，因此对Anthropic的信用风险敞口更大，该部分定价为8.5%的利率。次级债务的投资者还获得了原始发行折价，根据认购规模以面值的98%至99%购买票据。\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">报道称，评估该交易的投资者在Anthropic潜在IPO之前，未能提前获取其财务信息。\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">此次350亿美元私募信贷融资，距离Anthropic于今年4月底完成的650亿美元H轮融资仅相隔一个多月。彼时，该轮融资已刷新AI初创公司的单轮融资纪录。\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">如今，Anthropic已秘密向美国证券交易委员会(SEC)提交IPO申请，预计于今年10月正式登陆公开市场。市场传闻其潜在估值有望达到9650亿美元，若成真，将使其跻身全球市值最高的科技公司之列，仅次于苹果、微软、英伟达等巨头。\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">阿波罗与黑石的这次联手，进一步印证了私募信贷从传统企业并购融资向新兴产业基础设施融资的延伸。AI大模型的竞争本质上是算力的竞争，而算力的背后是动辄数百亿美元的芯片采购与数据中心建设。\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">在股权融资之外，结构化私募信贷正成为AI头部公司获取“重资产”资金的重要补充渠道。同时，博通等产业链上游厂商以“增信方”身份介入，也为未来类似交易提供了可复制的范本。\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">最专业的美股资讯,推荐美股大数据 \u003Ca href=\"https:\u002F\u002FStockwe.com\u002F\">https:\u002F\u002FStockwe.com\u002F\u003C\u002Fa>\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">如何识别美股市场异常波动？美国机构主力资金买卖情况，出货和吸筹，使用美股投资网VIP会员，2008年成立于美国硅谷，由前纽约证券交易所分析师Ken创立，联合多位摩根斯坦利分析师，谷歌 Meta工程师利用AI和大数据，配合十多年美股实战经验和业内量化模型，建立了一个股市数据库 \u003Ca href=\"https:\u002F\u002FStockWe.com\u002F\">https:\u002F\u002FStockWe.com\u002F\u003C\u002Fa> 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buy@TradesMax.com 美国电话 626-378-3637","公司介绍","\u003Cp class=\"MsoNormal\">美股大数据 \u003Ca href=\"https:\u002F\u002Fstockwe.com\" target=\"_blank\" rel=\"noopener\">StockWe.com\u003C\u002Fa> 是一个美国领先的金融和美股信息大数据提供商，紧盯华尔街金融市场和行情，2008年成立于美国硅谷，创始人是前纽约证券交易所资深分析师Ken，联合多位摩根斯坦利分析师，谷歌 Meta工程师利用AI和大数据，配合十多年美股实战经验和业内量化交易模型，每天处理海量股票数据：挖掘潜力大牛股，捕捉期权异动大单，实时主力资金流向、机构持仓变化、川普突发新闻，美股买卖信号第一时间发到您手机APP。\u003C\u002Fp>","专业美股投资者都在这里",{"loading":81,"search":82,"searchPlaceholder":82,"hotContent":83,"draft":84,"noData":85,"searchNoData":86,"edit":87,"editVideo":88,"courseContent":89,"more":90,"buyNow":91,"subscribeNow":92,"encoding":93,"paidContent":94},"Loading...","搜索","热门内容","草稿","目前没有任何内容公布","当前检索内容没有数据","编辑","编辑视频","课程内容","更多","立即购买后观看","- 立即订阅 -","视频编码中...","付费内容"]