Morgan Stanley-led banks shelve $5-7B junk-bond sale for Anthropic's Texas data center

rohanpaul_ai · x · 2026-10-30

Bloomberg reports that Morgan Stanley-led banks have shelved a $5-7B junk-bond sale tied to a Texas data center leased by Anthropic. The binding constraint is not investor demand for AI but Texas Governor Greg Abbott's freeze on new grid connections for data centers until state regulators finish an audit — the state grid audit is now what blocks refinancing the compute campus.

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