The financial fallout from NewSat's failed Jabiru-1 satellite project financing could be stratospheric. Investors are claiming $1 billion or more in damages from banks in an ongoing lawsuit, in a dispute that features some uncomfortable truths about whether financial close is the last step in a financing.

Private credit is losing its share of the AI computing market at both ends. Hyperscale credits are migrating to banks, and the lower-rated borrowers to decentralised finance.

Proximo's In-depth podcast hears from Fengate's Jensen Clarke about the drivers of investment in aviation infrastructure in North America, and what investors need to get right when working with lenders and grantors.