Sophisticated expertise building bespoke financing solutions

Proskauer supports the marketplace with the increasing need for alternative financing solutions that fill the gap between traditional equity and credit markets. We regularly work with issuers, including publicly-traded entities and their financing sources, such as traditional private credit and private equity funds, structured financing funds, special opportunities funds, sovereign wealth funds, family offices and other asset managers to optimize these complex investment opportunities.

We creatively address each unique situation using products such as structured preferred equity (or “debt-like” preferred equity), convertible preferred equity, convertible debt, subordinated debt and warrants. These investments are often structured in combination with other tranches of equity and/or debt instruments.

Our team focuses on representing clients in middle-market transactions ranging in deal size from $25 million to $1 billion for acquisition financing, dividend recap financing, growth financing, debt or equity refinancing, secondary transactions and liquidity fund solutions. We also represent clients structuring capital solutions in special situations and restructurings, including rescue financing, debt-to-equity exchanges and other similar situations.

Proskauer recognizes that each situation is unique. Our multidisciplinary team includes lawyers from our M&A, private credit, capital markets, private funds, insolvency, tax and related disciplines working together on these transactions on a regular basis. This diversity and experience allows us to bring fresh perspectives to all aspects of each transaction, including funding commitments, covenant protection, dividend and coupon payments, governance rights and exit terms.

Areas of Focus

  • Structured Preferred Equity
  • Convertible Preferred Equity
  • Convertible Debt
  • Warrants and Equity Co-Investments


  • Private Investment in Public Companies (PIPEs)
  • Debt for Equity Exchanges
View all