Joey Polonsky is a partner in Proskauer’s Global Finance Group and a member of the Firm’s Leveraged Finance team.
Based in Charlotte, North Carolina, Joey represents financial institutions on company acquisitions, refinancing debt and restructuring balance sheets.
Joey advises a wide range of financial institutions, including banks, direct lenders and other credit providers, on delivering the capital companies need to pursue strategic goals such as acquisitions, debt refinancing, shareholder distributions and balance sheet restructurings.
He works closely with public companies, large-cap corporates, sponsor-backed businesses and privately held enterprises to structure complex financing arrangements and capital restructurings. His experience spans a broad spectrum of debt products, including first and second lien loans, asset-backed facilities, unitranche structures, FILO tranches, unsecured debt and debtor-in-possession (DIP) financings.
Education
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University of North Carolina at Chapel Hill, J.D.
Order of the Coif
- University of North Carolina at Chapel Hill, B.A.
Admissions & Qualifications
- Massachusetts
- North Carolina
Awards & Recognition
Lawdragon; 500 Leading Bankruptcy & Restructuring Lawyers (2025)
Matters
Representative Matters:
- Represented a credit fund as administrative agent and lender in a senior secured facility for a home security company.
- Represented a global investment manager in a $38.7 million senior secured term loan to a commercial-stage biopharmaceutical company.
- Represented a national bank as lead arranger and agent in a senior secured facility for a financial planning firm.
- Represented a major international bank in a $3.5 billion credit facility for a large energy company.
- Represented a leading U.S. bank in multiple credit facilities totaling over $2 billion for a regional utility provider.
- Represented various banks in credit facilities ranging from $250 million to $1.5 billion for multiple energy companies.
- Represented a bank in a $325 million term loan B for a global industrial company.
- Advised a credit fund on a senior secured facility supporting a private equity acquisition of a technology company.
- Advised a private credit provider in a $100 million second lien term loan for a healthcare staffing firm.
- Advised a national bank in senior credit facilities ranging from $325 million to $1 billion for companies in consumer goods, communications and aerospace.
- Advised on senior credit facilities for multiple private equity acquisitions across sectors including pet food, engineering, life sciences and plastics.
- Advised banks and credit funds in term loan and revolving credit facilities for utility companies totaling over $5 billion.
- Advised a bank on the implementation of a federal lending program.
- Counseled a lender group on a superpriority term loan to a major media company.
- Advised a healthcare analytics company in its sale to a private equity-backed platform.
*Certain representations occurred prior to Joey's association with Proskauer.