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MIG's long-standing practice of paying out more in distributions to shareholders than it received from the underlying investments worked when it was cheap to borrow money.
Atento is growing overseas, especially in Latin America, and plans to go public.When economies crash, private-equity boots are often the first on the ground, especially when it is cheap to borrow money to invest.
In fact, there's never been a better time for a Delta Plan in the U.S. With interest rates so low, it's cheap to borrow money, and there are plenty of unemployed workers and unused resources that can be put to work.
The fear is that if it becomes too cheap to borrow money over the long-term, this will boost what is popularly called the "carry-trade".
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Oddly, it can be cheaper to borrow slightly more than you want.
The RBA hoped another rate cut would encourage that to happen, given it would make it cheaper to borrow.
Under normal circumstances, governments try to foster competition among banks, in the hope of spurring the economy by making it cheaper to borrow.
And it is also cheaper to borrow that way: no American state on its own could rival the liquidity in the market for Treasuries.
Strangely, it can be cheaper to borrow a little more than you want because interest rates drop sharply at around the £7,500 mark.
The Fed keeps making it cheaper to borrow, but the nation's favorite kind of borrowing is the mortgage loan, and the mortgage market — well, let's just say it's a little broken.
"The subsidies mean it can be cheaper to borrow than to self-fund".The desire to mask the consequences of increased state lending has tempted the government to fudge both its own and the banks' accounts.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com