The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8

COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
BRISTOW GROUP INC NOTE 4.500% 6/0 110394AF0 1,972 9,800,000 PRN   SOLE None 9,800,000 0 0
C&J ENERGY SVCS INC NEW COM 12674R100 2,181 140,549 SH   SOLE None 140,549 0 0
CONTURA ENERGY INC COM 21241B100 44,707 771,870 SH   SOLE None 771,870 0 0
HORNBECK OFFSHORE SVCS INC N COM 440543106 3,931 3,170,076 SH   SOLE None 3,170,076 0 0
HORNBECK OFFSHORE SVCS INC N NOTE 1.500% 9/0 440543AN6 1,727 1,919,000 PRN   SOLE None 1,919,000 0 0
INTELSAT S A COM L5140P101 14,995 957,554 SH   SOLE None 957,554 0 0
LORAL SPACE & COMMUNICATNS I COM 543881106 42,886 1,189,624 SH   SOLE None 1,189,624 0 0
OI S A SPONSORED ADR NE 670851500 163,350 86,888,095 SH   SOLE None 86,888,095 0 0
PG&E CORP COM 69331C108 7,725 434,000 SH   SOLE None 434,000 0 0
TWIN RIV WORLDWIDE HLDGS INC COM 90171V204 129,789 4,333,516 SH   SOLE None 4,333,516 0 0