Senior and junior debt providers frequently work together within a borrower’s capital structure, so a harmonious relationship between the lending parties is the key to a beneficial outcome. Jeri Harman of Avante Capital Partners and Alan Chen and Kate Jenks of Caltius Structured Capital provide a refresher course on the difference between the two types of lending and important considerations to ensure a successful partnership. They also share their thoughts on how the COVID-19 pandemic has shifted the market and the outlook for junior debt providers.