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Eagle Point leads $1.3bn holdco loan in Anthropic data center financing

A CLO specialist's infrastructure team is taking holding-company risk inside Anthropic's $16bn Texas data center buildout.

At a glance

  1. The loan sits inside a $16bn Texas data center financing tied to Anthropic.
  2. In a holding-company structure, the parent borrows while the project debt carries construction and operating risk.
  3. Eagle Point is a different kind of entrant to this corner of the AI infrastructure market.

Creditflux reported on August 19 that Eagle Point led a $1.3bn holding-company loan. The loan sits inside a $16bn Texas data center financing tied to Anthropic. It came from the CLO specialist's infrastructure credit team.

In a holding-company structure, the parent borrows while the project debt carries construction and operating risk. Creditflux's report does not say where this piece ranks. The appeal for a CLO manager is clear anyway: a single $1.3bn position, a coupon that compensates for the subordination, and no project-level exposure on the books. That slice is roughly 8 percent of the total; the report leaves the rest of the financing undescribed.

Eagle Point is a different kind of entrant to this corner of the AI infrastructure market. PWD covered the first manager list for NVIDIA's $500bn compute push this month. All six names were incumbents. Eagle Point's home market is CLOs, and its infrastructure credit team, Creditflux says, is growing. A named holdco role in an Anthropic-tied data center lets that team establish itself without underwriting the entire $16bn project.

The next comparable deal will show whether holdco risk on an AI buildout prices like infrastructure credit or like the leveraged loan exposure Eagle Point already knows.

Reported by the Direct Lending desk from Creditflux. Published . Corrections

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