Apollo’s $35 Billion AI Chip Credit Deal Is Set to Begin Trading
Bloomberg 2026-07-09 13:04:51
Context: A $35 billion financing package for Broadcom Inc. and Anthropic PBC's AI infrastructure expansion, arranged by Apollo Global Management, is set to begin trading, marking the largest private credit deal on record. This deal is expected to attract more money managers and dealers, who will be able to purchase pieces of the financing package. The transaction is poised to provide significant funding for the AI infrastructure expansion of Broadcom Inc. and Anthropic PBC.
Key Facts
- The financing package, worth $35 billion, is being provided to Broadcom Inc. and Anthropic PBC to support their AI infrastructure expansion, and it is set to begin trading, making it the largest private credit deal on record.
- Apollo Global Management has arranged the financing package, which is expected to attract a range of investors, including money managers and dealers, who will be able to purchase pieces of the deal.
- The deal is specifically aimed at supporting the AI infrastructure expansion of Broadcom Inc. and Anthropic PBC, two major players in the technology and artificial intelligence sectors.