Where does a multinational company get the money to build a factory in Thailand, launch a product line in Brazil, or acquire a competitor in Italy—and how does it decide whether to borrow locally in baht, issue bonds in euros, or use cash earned from its own operations? This chapter looks at the many long‑term funding options open to a multinational corporation (MNC) and then explains the forces that shape how each subsidiary picks its mix of debt and equity, helping the whole firm stay financially healthy and balanced.