While 2020 will be a year that most will never forget, capital markets recovered strongly during the second half of the year. Rising COVID-19 outbreaks and government-mandated restrictions did not deter the credit environment from finishing the year on a positive note. However, until the pandemic is fully behind us, we may continue to experience periods of capital markets volatility. Accordingly, it may be a good time to assess one’s own capital structure and determine if there are changes that should be made.