Sunday, 20 September 2026European Markets

Infrastructure Finance

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Apollo-owned Energos Infrastructure shelves $2 billion junk bond sale amid market volatility

Apollo-owned Energos Infrastructure shelves $2 billion junk bond sale amid market volatility

Energos Infrastructure, owned by Apollo Global Management, abandoned a planned $2 billion junk-debt issuance amid unfavorable market conditions. The failed sale creates refinancing risk for existing debt obligations and potential default scenarios. The move signals broader stress in private equity infrastructure portfolios facing maturity walls.

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AI Boom Hits a Fork: Slowdown Calls Clash with Capex Confidence as Markets Get Nervous
Dario Amodei's repeated calls for a global slowdown in frontier AI development, echoed by Microsoft's new humanist AI code of conduct and FTC antitrust caution, are being publicly rejected by Nvidia and Meta leadership even as hyperscaler spending draws fresh skeptical scrutiny (Wachter's analysis, Burry-style overbuilding worries) and weak guidance from Adobe and a post-slowdown-comment selloff in GE Vernova signal investor jitters. Meanwhile wealth and security effects of the AI race keep compounding — Zhang Yiming's fortune surging on AI-driven ByteDance value, a Chinese hacking firm weaponizing AI against stolen government secrets, and low-quality AI-generated products (an AI sitcom, a spam-flooding agent platform) fueling backlash even as adoption races ahead.
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