The document discusses key aspects of financing telecom satellite projects, including: 1) Banks have strict requirements for insurance coverage of satellites, including launch, in-orbit coverage, and clauses protecting banks from operational risks. 2) Recent evolution has seen more new and smaller companies launching projects, increasing financing needs, and banks adapting financing tools to the changing industry. 3) The Asian financial crisis may impact Asian demand for telecom services and availability of financing, though the long term effects are unclear.