Overview Choate represents clients in highly specialized junior capital and mezzanine debt and equity transactions involving a wide variety of securities, including unitranche, mezzanine, second lien, preferred stock and holdco notes ranging along the risk/return spectrum from venture capital financing for start-up entities to later-stage debt equity transactions and for more established private and public companies. Our experience includes negotiating intercreditor agreements and agreements among lenders with most national and regional banks and other senior lenders, resulting in simplifying the documentation processes and increasing the certainty of timely closings.