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Our finding that the cost of capital decreases following a convertible debt offer (CDO) is inconsistent with this interpretation.
On the other hand, at least US and UK government debt offer a rate of interest.
Cheap gas, job growth, worker confidence, home prices and household debt offer positive signs for the future.
So far, both the United States Treasury and the I.M.F. have been noncommittal about the latest debt offer, saying only that it is in Argentina's best interest to reach a successful debt restructuring.
Among other things, SV Angel and Yuri Milner finally got to see what they invested in a couple of months ago when they made a blanket $150,000 convertible debt offer to all new Y Combinator companies.
They add that historically low interest rates on government debt offer "a unique opportunity" to reverse decades of under-investment in "our complex network of airports, bridges, highways, ports, tunnels, and waterways".
Similar(54)
Debt offers the illusion of choice, while actually removing it.
As for taxes, private equity clearly benefits from the tax deduction that debt offers.
Floating interest rate debt offers investors worried about inflation a place to comfortably brace themselves.
Analysts at Moody's, which also recently downgraded Argentina's debt, offered similar comments.
People over-estimate the safety of the fixed payments that debt offers: like a corset, it masks nature's wobbles.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com