HOME SEARCH RESOURCES CONTACT
 
 
 
 
  STEPHEN A. BOYKO    
Phone 617.526.9770
sboyko@proskauer.com
 
PARTNER
   
Picture of STEPHEN A. BOYKO

Press Room

In The News
Creative Financing Closes Deals in Tight Credit Market
Corporate Financing in a Pinch
The Ever-Changing Layer Cake of Junior Capital Financing and Intercreditor Agreements

Press Releases
Proskauer Rose Excels Nationally in 2009 Chambers USA with Strong Increases in Practices, Lawyers Recognized
Proskauer Rose Again Ranked as Leading Law Firm in U.S. Legal 500
Proskauer Rose Widely Recognized in 2008 Chambers USA

Speaking Engagements
The 3rd Annual Global Distressed Debt Investor Forum

View all STEPHEN A. BOYKO's Press Room Items

Boston Office:
One International Place
Fax 617.526.9899

Practice Areas:
Corporate
Junior Capital
Distressed Debt Group
Education:
BOSTON UNIVERSITY SCHOOL OF LAW, J.D., 1996
BOSTON UNIVERSITY, M.B.A., 1996
NORTHEASTERN UNIVERSITY, B.A., SUMMA CUM LAUDE, 1993
 
Bar Admission:
MASSACHUSETTS
 
Biography:

Stephen A. Boyko is a partner in the Corporate Department and the co-head of the Firm's Junior Capital Group. Mr. Boyko's primary focus is in finance transactions, particularly those involving mezzanine, second-lien, preferred stock and other forms of junior capital. Mr. Boyko represents a large array of mezzanine lenders, senior lenders, private equity investors, hedge funds and issuers in connection with leveraged buyouts, growth capital investments, acquisition financings, going-private transactions, management buyouts and other finance-related transactions. Mr. Boyko has had extensive experience in intercreditor issues, secured creditor and bankruptcy rights, debt restructurings, and private equity investments. In the past ten years, Mr. Boyko has closed finance transactions with an aggregate value of approximately $40 billion.

Mr. Boyko actively represents over 45 junior capital investors, including a number of SBIC funds, BDCs, hedge funds, one-stop shops, traditional mezzanine funds, specialty finance companies, insurance companies and bank subsidiaries in transactions that have ranged from $1 to $250 million.

Mr. Boyko also has extensive capital markets experience, including the representation of issuers and underwriters in offerings of high-yield securities, debentures, medium-term notes, preferred stock, common stock and other structured securities.

Mr. Boyko is admitted to practice in New York and Massachusetts. He is also a member of the Association for Corporate Growth and the Turnaround Management Association.

Mr. Boyko received his law degree, magna cum laude, and his MBA, with high honors, from Boston University. In 1993, he graduated from Northeastern University, summa cum laude, with a bachelor of science degree. While attending law school, he served as an editor for the Boston University Law Review.

Lectures

  • Moderator, "The Ever Changing Layercake of Junior Capital: Different Structures on Their Way to Europe?" IIR's Annual Forum on Mezzanine Finance, London, October 15, 2008


  • Speaker, "Discovering Alternative Restructurings: Converting Debt to Equity," IQPC's Distressed Debt Conference, September 24, 2008


  • Speaker, "How to Win the Deal in an Ultra-Competitive Environment," Northeast Private Equity Conference, May 2007.
  • Speaker, "Second-lien Debt," IFLR Americas Capital Markets Forum, May 2007.
  • Moderator, “Second Lien vs. Mezzanine – Who’s Winning the Battle?” at the Second Lien Financing Forum, October 2006.

  • Speaker, "Friction Points in Intercreditor Agreements" at Deal Flow Media's Intercreditor Agreements Webinar, June 2006.

  • Speaker, "Effectively Structuring Intercreditor Agreements" at the Mezzanine Finance Forum, March 2006.

  • Speaker, "Comparing Tranche B and Mezzanine Financing" at the Tranche B, Second Lien & SCIL Financing Summit, February 2006.

  • Speaker, Second Lien Financing Forum, October 2005.

  • Speaker, Second Lien Lending Update Capital Roundtable MasterClass, June 2005.

  • Speaker, "Trends on Terms and Covenants In Documentation for Mezzanine Deals" - IIR's 6th Annual Mezzanine Finance Forum, March 2005.

Publications

  • "The Ever-Changing Layer Cake of Junior Capital Financing and Intercreditor Agreements" co-authored with Steven M. Ellis and published in the May/June 2008 edition of The Secured Lender

  • Quoted in "New Loan Structures Meant to Limit Lenders' Risks" in the March 27, 2007 issue of The Secured Debt Report.
  • Quoted in "New Lenders Crowd Market" in the August 7, 2006 edition of Buyouts.

  • Panelist for "International Mezzanine Market Roundtable," published in the July 2006 issue of Financier Worldwide.

  • "The Investment Snags Of Pass-Throughs: A Junior Capital View" co-authored with Arnold P. May and published in the March 13, 2006 issue of The Bank Loan Report and The High Yield Report.

  • "Figuring Out How To Structure Foolproof Prepayment Premiums" co-authored with Steven M. Ellis and published in the Nov. 28, 2005 issue of The Bank Loan Report and The High Yield Report.

  • Quoted in "Mezzanine Madness" in the May 9, 2005 edition of Buyouts.

  • "The Dilemma of the Second Lien Lender," co-authored with Steven M. Ellis and published in the September 19, 2005 issue of Buyouts and the May 2005 edition of Financier Worldwide.

  • "What Do You Mean the Per Share Value of My Warrants Is Less Than the Shareholders Receive?!?" - co-authored with Steven M. Ellis and published in the April 2005 edition of Hub News, a monthly publication of the Association for Corporate Growth.

  • Quoted in "Mezz Lenders Look For Gems In Lower Middle Mkt" in the April 4, 2005 issue of The Bank Loan Report and The High Yield Report.

  • "Shhh! All Mezz Lenders Should Have Junior Liens, Even if Silent" - co-authored with Steven M. Ellis and published in the March 14, 2005 edition of Buyouts.

  • Quoted in "The Answer Is Private" in the January 2005 issue of CFO Magazine.

  • Quoted in "The Super-Heated Lending Market" in Financier Worldwide's 2005 Corporate Financing & Refinancing Review.

  • "Freeing the Captives: Trends in Divesting of Business Units" - co-authored with A.J. Weidhaas and published in the November 12, 2002 edition of The New York Law Journal.

  • Quoted in "2nd-Lien-Loan Mkt Boosted by Hedge Funds, Niche Lenders," distributed through the Dow Jones Newswire.

Honors

  • Massachusetts Super Lawyers and Boston Magazine - 2005, 2006 & 2007 Rising Star.

  • The National Register's Who's Who in Executives and Professionals - 2005 edition.

  • Chambers USA: America’s Leading Lawyers for Business - 2007, 2008 and 2009.
 
   
  ^top