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Broadcom (AVGO) secures USD 63bln in financing backing from Bank of America (BAC), Blackstone (BX), Citi (C) and Morgan Stanley (MS) to build out AI compute capacity
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The October 26 item reports USD 63 billion in financing for an SPV buying Broadcom AI hardware for Anthropic; deliveries are expected in 2027, with lender roles specified.
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New special purpose vehicle will purchase Broadcom XPU AI accelerators and networking solutions for Anthropic; deliveries expected to start in 2027 Bank of America, Citi and Morgan Stanley arrange first lien, Blackstone provides second lien financing. Blackstone says it is the sole provider of the committed portion of the second lien financing.
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