Not a corp finance specialist, but you get a tax shield. I.e. the 1.5bn ish interest will only cause a 1bn drag on FCF. Still high leverage and very much on the edge if business takes a downturn.

Happy to take the other side too. Particularly, if the market settles at infinity (“never”).

“Revenue? No no no no. Why would you go after revenue? If you show people revenue, they’ll ask ‘how much?’. And it will never be enough.” - Russ Hanneman