Claude S. Serfilippi

Partner

Practice Description

Representative Matters

• Represented CNPC International Limited, a wholly owned subsidiary of China National Petroleum Corporation, in the $1.3 billion sale of 33% of the shares of Petrokazakhstan, Inc. to JSC KazMunaiGas. 
• Advised Multimedia Polska S.A. in the company’s global offering of shares encompassing both a public offering to Polish individual and institutional investors and a private international offering to selected institutional investors outside of Poland pursuant to Rule 144A and Regulation S. 
• Represented Asya Katilim Bankasi AS, a Turkish participation bank, in its initial public offering of 20% of its share capital. The offering was comprised of a registered offering on the Istanbul Stock Exchange and a 144A/Regulation S offering in the United States and other countries. 
• Represented Vestel White Goods, a leading Turkish manufacturer of white goods products, in connection with its initial public offering of common stock pursuant to Rule 144A and Regulation S.
• Represented TVN SA, the leading commercial television broadcaster in Poland, in connection with its initial public offering of common stock pursuant to Rule 144A and Regulation S. The transaction, which valued the company at approximately $677 million, also involved a public offering in Poland and the listing of the TVN shares on the Warsaw Stock Exchange. 
• Advised the lender’s committee of Transportation de Gas del Sur SA, Argentina’s largest transporter of natural gas and the operator of the Southern Argentina natural gas pipeline system, on the securities law aspects of TGS’s $1.02 billion debt restructuring. 
• Represented Jazztel plc, a Spanish-based data and telecommunications operator in regard to its initial public offering, three 144A high-yield debt offerings raising over €1 billion and financial restructuring. 
• Represented Fortune Brands/Jim Beam Brands Worldwide, Inc. in the sale of its UK-based Scotch whisky business in a leveraged management buyout for approximately £200 million. 
• Represented Whitney & Co LLC and The Blackstone Group on their purchase of $80,000,000 aggregate principal amount of Senior Notes and Warrants in Aviall, Inc., a New York Stock Exchange-listed aviation aftermarket parts and supply chain management company. 
• Advises Golden Telecom, Inc., a telecommunications company with operations in Russia, on U.S. corporate and securities matters. 
• Advised Whitney & Co LLC on its $756.8 million purchase of Herbalife, a worldwide marketer of weight management products, nutritional supplements and personal care products. 
• Represented PanAmSat Corporation and its subsidiaries in connection with a tender offer and related consent solicitation for approximately $1 billion aggregate principal amount of outstanding debt securities and the related issuance of approximately $750 million of new indebtedness pursuant to Rule 144A. Also represented PanAmSat in connection with its subsequent A/B exchange offers. 
• Represented KBC and other lenders in connection with $27,250,000 aggregate principal amount of subordinated notes and common stock issued to KBC and the other lenders by Dictaphone Corporation pursuant to its reorganization under Chapter 11. 
• Represented Panda Global Energy Company in connection with a negotiated restructuring involving a private exchange offer of outstanding debt securities, issuance of Senior Secured PIK Notes and related consent solicitation. 
• Represented E.ON AG in connection with a private purchase (by an E.ON AG affiliate) of shares of capital stock of MEMC Electronic Materials, Inc., a NYSE listed company, for $106 million and a standby arrangement whereby the affiliate subsequently purchased an additional $90 million of capital stock of MEMC that was offered first to the public shareholders of MEMC in a registered rights offering. 
• Represented Smith Barney and Chase Securities in connection with the public offering of $225 million of 9 5/8% Senior Subordinated Notes of Lamar Advertising Company and the tender offer for $100 million of outstanding Senior Secured Notes of Lamar Advertising. 
• Represented Chase Securities and Smith Barney in connection with a 144A offering of $200,000,000 of 8 5/8% Senior Subordinated Notes of Lamar Advertising Company. 
• Represented Lehman Brothers and Dresdner Kleinwort Benson, as underwriters, in connection with the $575 million initial public offering of Companhia Paranaense de Energia, a Brazilian electric generation, transmission and distribution company and the listing of ADRs on the NYSE. 
• Represented Smith Barney and BT Alex Brown in connection with the initial public offering of 5,445,250 shares of Class A common stock by Lamar Advertising Company. 
• Represented Chase Securities Inc., CIBC World Markets et al. in connection with a public offering of $162,000,000 of medium term notes of Mid American Energy Company. 
• Represented ATC Group Services, Inc. in connection with its issuance of new common stock and new warrants pursuant to Section 1145 of the Bankruptcy Code. 
• Represented E.ON AG in connection with the sale of its debt and equity interests in MEMC Electronic Materials, Inc., a NYSE listed company, to the Texas Pacific Group. 
• Represented Credit Suisse, UBS Warburg LLC et al. in connection with a public offering of $500,000,000 of medium term notes of Mid American Energy Company. 
• Represented U.S. Bancorp Piper Jaffrey and Credit Suisse in connection with the $48.7 million initial public offering of Homeservices.com. 
• Represented Morgan Stanley Dean Witter in connection with two public offerings of shares of Class A common stock of Lamar Advertising Company.

Publications