diff --git a/.changeset/itchy-ties-argue.md b/.changeset/itchy-ties-argue.md
new file mode 100644
index 000000000000..e5936585fa77
--- /dev/null
+++ b/.changeset/itchy-ties-argue.md
@@ -0,0 +1,5 @@
+---
+'svelte': patch
+---
+
+fix: escape `<` in attribute strings
diff --git a/.github/workflows/ci.yml b/.github/workflows/ci.yml
index c04ee83f97ab..b90628c6e2d2 100644
--- a/.github/workflows/ci.yml
+++ b/.github/workflows/ci.yml
@@ -17,19 +17,19 @@ jobs:
     strategy:
       matrix:
         include:
-          - node-version: 16
+          - node-version: 18
             os: ubuntu-latest
-          - node-version: 16
+          - node-version: 18
             os: windows-latest
-          - node-version: 16
-            os: macOS-latest
           - node-version: 18
-            os: ubuntu-latest
+            os: macOS-latest
           - node-version: 20
             os: ubuntu-latest
+          - node-version: 22
+            os: ubuntu-latest
     steps:
       - uses: actions/checkout@v3
-      - uses: pnpm/action-setup@v2.2.4
+      - uses: pnpm/action-setup@v4
       - uses: actions/setup-node@v3
         with:
           node-version: ${{ matrix.node-version }}
@@ -44,10 +44,10 @@ jobs:
     timeout-minutes: 5
     steps:
       - uses: actions/checkout@v3
-      - uses: pnpm/action-setup@v2.2.4
+      - uses: pnpm/action-setup@v4
       - uses: actions/setup-node@v3
         with:
-          node-version: 16
+          node-version: 18
           cache: pnpm
       - name: install
         run: pnpm install --frozen-lockfile
diff --git a/.github/workflows/release.yml b/.github/workflows/release.yml
index 06b94803bb7b..fe5ce6fc7e44 100644
--- a/.github/workflows/release.yml
+++ b/.github/workflows/release.yml
@@ -21,7 +21,7 @@ jobs:
         with:
           # This makes Actions fetch all Git history so that Changesets can generate changelogs with the correct commits
           fetch-depth: 0
-      - uses: pnpm/action-setup@v2.2.4
+      - uses: pnpm/action-setup@v4
       - name: Setup Node.js
         uses: actions/setup-node@v3
         with:
diff --git a/package.json b/package.json
index 4d22d9642a55..29a2ab047bc4 100644
--- a/package.json
+++ b/package.json
@@ -30,5 +30,5 @@
     "prettier": "^2.8.8",
     "prettier-plugin-svelte": "^2.10.1"
   },
-  "packageManager": "pnpm@8.6.3"
+  "packageManager": "pnpm@9.4.0"
 }
diff --git a/packages/svelte/src/compiler/compile/render_ssr/handlers/shared/get_attribute_value.js b/packages/svelte/src/compiler/compile/render_ssr/handlers/shared/get_attribute_value.js
index fb3136cc858a..d88c16842222 100644
--- a/packages/svelte/src/compiler/compile/render_ssr/handlers/shared/get_attribute_value.js
+++ b/packages/svelte/src/compiler/compile/render_ssr/handlers/shared/get_attribute_value.js
@@ -1,6 +1,6 @@
 import { string_literal } from '../../../utils/stringify.js';
 import { x } from 'code-red';
-import { regex_double_quotes } from '../../../../utils/patterns.js';
+import { escape } from '../../../../../shared/utils/escape.js';
 
 /**
  * @param {import('../../../nodes/Attribute.js').default} attribute
@@ -37,9 +37,7 @@ export function get_attribute_value(attribute) {
 	return attribute.chunks
 		.map((chunk) => {
 			return chunk.type === 'Text'
-				? /** @type {import('estree').Expression} */ (
-						string_literal(chunk.data.replace(regex_double_quotes, '&quot;'))
-				  )
+				? /** @type {import('estree').Expression} */ (string_literal(escape(chunk.data, true)))
 				: x`@escape(${chunk.node}, ${is_textarea_value ? 'false' : 'true'})`;
 		})
 		.reduce((lhs, rhs) => x`${lhs} + ${rhs}`);
diff --git a/packages/svelte/src/runtime/internal/ssr.js b/packages/svelte/src/runtime/internal/ssr.js
index 1917f0cfbc69..b92e4ed2a4ac 100644
--- a/packages/svelte/src/runtime/internal/ssr.js
+++ b/packages/svelte/src/runtime/internal/ssr.js
@@ -2,7 +2,9 @@ import { set_current_component, current_component } from './lifecycle.js';
 import { run_all, blank_object } from './utils.js';
 import { boolean_attributes } from '../../shared/boolean_attributes.js';
 import { ensure_array_like } from './each.js';
+import { escape } from '../../shared/utils/escape.js';
 export { is_void } from '../../shared/utils/names.js';
+export { escape };
 
 export const invalid_attribute_name_character =
 	/[\s'">/=\u{FDD0}-\u{FDEF}\u{FFFE}\u{FFFF}\u{1FFFE}\u{1FFFF}\u{2FFFE}\u{2FFFF}\u{3FFFE}\u{3FFFF}\u{4FFFE}\u{4FFFF}\u{5FFFE}\u{5FFFF}\u{6FFFE}\u{6FFFF}\u{7FFFE}\u{7FFFF}\u{8FFFE}\u{8FFFF}\u{9FFFE}\u{9FFFF}\u{AFFFE}\u{AFFFF}\u{BFFFE}\u{BFFFF}\u{CFFFE}\u{CFFFF}\u{DFFFE}\u{DFFFF}\u{EFFFE}\u{EFFFF}\u{FFFFE}\u{FFFFF}\u{10FFFE}\u{10FFFF}]/u;
@@ -67,30 +69,6 @@ export function merge_ssr_styles(style_attribute, style_directive) {
 	return style_object;
 }
 
-const ATTR_REGEX = /[&"]/g;
-const CONTENT_REGEX = /[&<]/g;
-
-/**
- * Note: this method is performance sensitive and has been optimized
- * https://github.com/sveltejs/svelte/pull/5701
- * @param {unknown} value
- * @returns {string}
- */
-export function escape(value, is_attr = false) {
-	const str = String(value);
-	const pattern = is_attr ? ATTR_REGEX : CONTENT_REGEX;
-	pattern.lastIndex = 0;
-	let escaped = '';
-	let last = 0;
-	while (pattern.test(str)) {
-		const i = pattern.lastIndex - 1;
-		const ch = str[i];
-		escaped += str.substring(last, i) + (ch === '&' ? '&amp;' : ch === '"' ? '&quot;' : '&lt;');
-		last = i + 1;
-	}
-	return escaped + str.substring(last);
-}
-
 export function escape_attribute_value(value) {
 	// keep booleans, null, and undefined for the sake of `spread`
 	const should_escape = typeof value === 'string' || (value && typeof value === 'object');
diff --git a/packages/svelte/src/shared/utils/escape.js b/packages/svelte/src/shared/utils/escape.js
new file mode 100644
index 000000000000..078d5ca715e3
--- /dev/null
+++ b/packages/svelte/src/shared/utils/escape.js
@@ -0,0 +1,23 @@
+const ATTR_REGEX = /[&"<]/g;
+const CONTENT_REGEX = /[&<]/g;
+
+/**
+ * Note: this method is performance sensitive and has been optimized
+ * https://github.com/sveltejs/svelte/pull/5701
+ * @param {unknown} value
+ * @returns {string}
+ */
+export function escape(value, is_attr = false) {
+	const str = String(value);
+	const pattern = is_attr ? ATTR_REGEX : CONTENT_REGEX;
+	pattern.lastIndex = 0;
+	let escaped = '';
+	let last = 0;
+	while (pattern.test(str)) {
+		const i = pattern.lastIndex - 1;
+		const ch = str[i];
+		escaped += str.substring(last, i) + (ch === '&' ? '&amp;' : ch === '"' ? '&quot;' : '&lt;');
+		last = i + 1;
+	}
+	return escaped + str.substring(last);
+}
diff --git a/packages/svelte/test/server-side-rendering/samples/escaped-attr-2/_expected.html b/packages/svelte/test/server-side-rendering/samples/escaped-attr-2/_expected.html
new file mode 100644
index 000000000000..3f2ff23dc2b0
--- /dev/null
+++ b/packages/svelte/test/server-side-rendering/samples/escaped-attr-2/_expected.html
@@ -0,0 +1,3 @@
+<noscript
+	><a href="&lt;/noscript>&lt;script>console.log('should not run')&lt;/script>">test</a></noscript
+>
diff --git a/packages/svelte/test/server-side-rendering/samples/escaped-attr-2/main.svelte b/packages/svelte/test/server-side-rendering/samples/escaped-attr-2/main.svelte
new file mode 100644
index 000000000000..ec1ecfcac58d
--- /dev/null
+++ b/packages/svelte/test/server-side-rendering/samples/escaped-attr-2/main.svelte
@@ -0,0 +1,8 @@
+<script>
+	const x = `</noscript><script>console.log('should not run')<` + `/script>`
+</script>
+
+<noscript>
+	<a href={x}>test</a>
+</noscript>
+
diff --git a/packages/svelte/test/server-side-rendering/samples/escaped-attr-3/_expected.html b/packages/svelte/test/server-side-rendering/samples/escaped-attr-3/_expected.html
new file mode 100644
index 000000000000..ff33fbf59a73
--- /dev/null
+++ b/packages/svelte/test/server-side-rendering/samples/escaped-attr-3/_expected.html
@@ -0,0 +1 @@
+<div title="&amp;&lt;">blah</div>
diff --git a/packages/svelte/test/server-side-rendering/samples/escaped-attr-3/main.svelte b/packages/svelte/test/server-side-rendering/samples/escaped-attr-3/main.svelte
new file mode 100644
index 000000000000..ff33fbf59a73
--- /dev/null
+++ b/packages/svelte/test/server-side-rendering/samples/escaped-attr-3/main.svelte
@@ -0,0 +1 @@
+<div title="&amp;&lt;">blah</div>
diff --git a/packages/svelte/test/server-side-rendering/samples/escaped-attr/_expected.html b/packages/svelte/test/server-side-rendering/samples/escaped-attr/_expected.html
new file mode 100644
index 000000000000..a69ed31ade51
--- /dev/null
+++ b/packages/svelte/test/server-side-rendering/samples/escaped-attr/_expected.html
@@ -0,0 +1 @@
+<noscript><a href="&lt;/noscript>&lt;script>throw new Error('fooo')&lt;/script>">test</a></noscript>
diff --git a/packages/svelte/test/server-side-rendering/samples/escaped-attr/main.svelte b/packages/svelte/test/server-side-rendering/samples/escaped-attr/main.svelte
new file mode 100644
index 000000000000..8cc01b958f17
--- /dev/null
+++ b/packages/svelte/test/server-side-rendering/samples/escaped-attr/main.svelte
@@ -0,0 +1,3 @@
+<noscript>
+	<a href="</noscript><script>throw new Error('fooo')</script>">test</a>
+</noscript>