Proskauer’s Finance Group focuses on leveraged finance, multi-tranche finance (including mezzanine and other forms of junior capital), high-yield and distressed lending (including debtor-in-possession and exit financings). We have extensive experience across the market, with an emphasis on middle-market financings and large-scale leveraged buyouts.
Working from the firm’s offices in major financial centers around the globe, our deep team is positioned to represent clients on the ground in the U.S., Europe, Asia and South America. We often do so with our colleagues in industry-specific practices in health care; sports; technology, media and communications; and lodging and gaming. And unlike many other firms, we represent both lenders and borrowers, instead of one or the other.
Our clients include:
Bulge-bracket, middle-market and boutique investment banks
Business development companies
Specialty finance companies
Small business investment companies
Private equity funds
Other commercial borrowers
Our counsel and client service have earned wide recognition. Chambers USA, for example, has called us “a vibrant finance practice with excellent depth and breadth” and ranks our practice and individual lawyers as leaders in their fields. The Legal 500 United States has recognized our lawyers for their “unique combination of expertise and responsiveness” and “focus on problem solving,” and commended us for our “sophisticated practice” and “deep understanding of the market.” Chambers Global has cited our geographic footprint, noting our established U.S. platform, strong Latin America Group and growing Asia presence.
Areas of focus
Ares Management in the $870 million financing to acquire Smart & Final, a warehouse retailer
Celgene Corporation in a $1.5 billion revolving credit facility
Fifth Street Finance Corp. in the financing of its portfolio company acquisition of Healthcare Finance Group, a specialty lender providing asset-based lending and term-loan products to the health care industry
The New York Jets and other entities in the lease, development and financing of a $1.6 billion National Football League stadium — the largest financing of its kind
Pacific Rubiales Energy Corp. in the establishment of a $400 million revolving credit facility, as well as a $300 million revolving credit facility denominated in Colombian pesos
Sankaty Advisors and its affiliates in a $400 million first-out/last-out unitranche financing whose proceeds were used to finance, in part, the take-private acquisition of a publicly traded mobile broadband solutions provider