Rocket Lab...

Basically,
1) RKLB is creating shares and putting it in escrow
2) the lender gives RKLB 300M @4.2% annual
3) Instead of cap calls, etc. Think of it as RKLB buying calls on its own shares with the expiration date of 2029. RKLB will be in the money at $8.04
4) but this option cannot be executed until 2027.if on 2029 RKLB is not over 8.04, RKLB will deliver shares to the lender plus their principal and interest. If it's over 8.04, RKLB will repay them the entire sum without any shares.It's like shark tank when Mr wonderful gives you a loan for 10% of your company with interest repayment. The only difference is RKLB is given an option to reclaim the shares by paying an upfront fee.To RKLB, it's cheaper than going to the bank or straight up diluting shares.To the lender, it's above the 5 year treasury and if RKLB can survive for the next 5 years, they can always recoup their money