8% on an 8 year coupon for $1.5B sounds like a heck of a deal for a growth company relative to raising another round. That's just around $2.8B paid back 8 years

8% on an 8 year coupon for $1.5B sounds like a heck of a deal for a growth company relative to raising another round. That's just around $2.8B paid back 8 years from now. If the company modestly triples from their current value over 8 years, that's a $1.7B savings.