# Blackstone Gets 10% Coupon on Anthropic Chips

> Blackstone's funds could earn 10% coupon on Anthropic chip leases, 1.5 points above June rate.
- Title: Blackstone Gets 10% Coupon on Anthropic Chips · TokenPost
- Summary: Blackstone's funds could earn 10% coupon on Anthropic chip leases, 1.5 points above June rate. Blackstone's funds would receive a 10% coupon on $9 billion of…
- Keywords: blackstone, anthropic, chip leases, junior debt, coupon rate, google tensor processing units, crypto, finance, Gets, Coupon, Chips, TokenPost
- Source: TokenPost — https://tokenpost.com/news/business/37208
- Published: 2026-10-22T00:10:20+00:00
- Read time: 1 min
- Topics: blackstone, anthropic, chip leases, junior debt, coupon rate, google tensor processing units, crypto, finance
## Blackstone's Proposed Chip Lease Deal
A proposed $60 billion package for financing chip leases would offer Blackstone funds a 10% coupon on $9 billion of junior debt, 1.5 percentage points above Anthropic's June rate of 8.5%.
## Project North Star Details
Project North Star would support 1.5 gigawatts of Google tensor processing units with $42 billion in senior debt and $18 billion in junior debt.
## Blackstone's Investment Structure
Blackstone-managed funds would take half of the junior tranche, with the remaining $9 billion for other investors over five years.
## Key takeaway

Blackstone's funds would receive a 10% coupon on $9 billion of Anthropic's junior debt, 1.5 percentage points above June's 8.5% rate.