What are the long-run advantages of having more local debt and less MNC-based equity in the capital

Question:

What are the long-run advantages of having more local debt and less MNC-based equity in the of a foreign subsidiary?

Capital Structure
Capital structure refers to a company’s outstanding debt and equity. The capital structure is the particular combination of debt and equity used by a finance its overall operations and growth. Capital structure maximizes the market value of a...