ING form signifies a verb modifier and not a noun modifier
you are not correct.
ING+comma can modify either a clause or a noun
comma+ing - modifies only the preceding clause / not verb! /. It provides either additional information or the result of the preceding clause
by associating itself with the subject and verb of the preceding clause. The ing modifier preceded by a comma has to modify the subject and the verb together.here is an interesting article by
e-gmat:
https://e-gmat.com/blog/gmat-verbal/sen ... r-sentenceFurthermore, you are not right about the flexibility either. The ING modifier together with a comma has to be either in front or after a clause. ING modifier without a comma can be placed close to a noun.
C) The United States has relaxed borrowing rules for overseas corporates, resulting in US based companies now finding it easier to refinance their dollar loans through overseas debt.
In this case, the ing modifier must associate with subject and verb of the preceding clause, but it doesn't make sense at all. It is the action of relaxation in borrowing rules that makes US based companies to easier refinance their debt. Comma+ing modifier cannot modify only a part of the clause. IF we want to keep the structure clause+modifier, we must use a noun+noun modifier. Thus, we can reformulate answer choice C:
The United States has relaxed borrowing rules for overseas corporates, an action that now made easier for US based companies to refinance their dollar loans through overseas debt.
ps. i ignored the overseas borrowing error.