Anthropic looks set to tie up $15bn of pre-IPO funding

Finance Financial Services Written by: Ian Lyall 08:12 Fri 04 Sep 2026 --> Disclaimer No investment advice About this content Editorial Standards & Policies Share article About this content × About Ian Lyall Ian Lyall, a seasoned journalist and editor, brings over three decades of experience to his role as Managing Editor at Proactive. Overseeing Proactive's editorial and broadcast operations across six offices on three continents, Ian is responsible for quality control, editorial policy, and content production. He directs the creation of 50,000 pieces of real-time news, feature articles, and filmed interviews annually. Prior to Proactive, Ian helped lead the business output at the Daily... Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and finance news content to a global investment audience. All our content is produced independently by our experienced and qualified teams of news journalists. Proactive news team spans the world’s key finance and investing hubs with bureaus and studios in London, New York, Toronto, Vancouver, Sydney and Perth. We are experts in medium and small-cap markets, we also keep our community up to date with blue-chip companies, commodities and broader investment stories. This is content that excites and engages motivated private investors. The team delivers news and unique insights across the market including but not confined to: biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto and emerging digital and EV technologies. Use of technology Proactive has always been a forward looking and enthusiastic technology adopter. Our human content creators are equipped with many decades of valuable expertise and experience. The team also has access to and use technologies to assist and enhance workflows. Proactive will on occasion use automation and software tools, including generative AI. Nevertheless, all content published by Proactive is edited and authored by humans, in line with best practice in regard to content production and search engine optimisation. Anthropic View Price & Profile Anthropic looks set to tie up $15bn of pre-IPO funding Published: 08:12 04 Sep 2026 BST Anthropic is close to finalising an expansion of its revolving credit facility to $15 billion, according to people familiar with the matter, clearing a key hurdle before the AI company files publicly for its highly anticipated IPO. Morgan Stanley (NYSE:MS) is leading the process, with Goldman Sachs, JPMorgan Chase and Citigroup also holding prominent roles on the facility. The same four lenders are reported to be leading the IPO itself. Raise seen rivalling SpaceX The Claude chatbot maker is seeking to raise as much as SpaceX or more in its initial public offering, according to people familiar with the preparations. Companies typically finalise a revolver of this kind before formally notifying banks of their roles in a listing — making the credit facility a signal of IPO timing as much as a financing event in its own right. Wider banking syndicate Barclays and Wells Fargo are also expected to take key roles on the loan, with Bank of America, Deutsche Bank, Royal Bank of Canada (TSX:RY) and UBS ranked high in the facility's lineup. Bank of Montreal, BNP Paribas, Crédit Agricole, Mizuho, Mitsubishi UFJ, Sumitomo Mitsui and Toronto-Dominion Bank (TSX:TD) round out the syndicate. In syndicated loans, a bank's fee income generally scales with its commitment — meaning a higher ranking on the facility can also point to a more active role should the IPO proceed. Above initial target The facility would exceed the roughly $10 billion target reported last month. Anthropic had asked the most active lead banks to commit about $1.25 billion each, with the next tier encouraged to offer around $1 billion, and commitments falling to roughly $750 million or lower for less active participants, according to the earlier reporting. Terms still in flux Details of the loan could still change, the people said, speaking on condition of anonymity as the information isn't public. Representatives for Anthropic, JPMorgan, Barclays, Wells Fargo and UBS declined to comment; the other banks did not immediately respond to requests for comment. Continue reading