-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, G0/VvAJ2tniFg9RPxZkemQDbgv6rVdQ8QSTF/Qi+yqBA5Nq8M9zOjPqx8r5gqNS7 wIfl9Ce2fcmlqql9QszPXw== 0000912057-00-005053.txt : 20000211 0000912057-00-005053.hdr.sgml : 20000211 ACCESSION NUMBER: 0000912057-00-005053 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20000210 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PENN TRAFFIC CO CENTRAL INDEX KEY: 0000077155 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-GROCERY STORES [5411] IRS NUMBER: 250716800 STATE OF INCORPORATION: DE FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-20956 FILM NUMBER: 530796 BUSINESS ADDRESS: STREET 1: 1200 STATE FAIR BLVD CITY: SRYACUSE STATE: NY ZIP: 13221-4737 BUSINESS PHONE: 8145369900 MAIL ADDRESS: STREET 1: 1200 STATE FAIR BLVD CITY: SYRACUSE STATE: NY ZIP: 13221-4737 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: OAKTREE CAPITAL MANAGEMENT LLC /ADV CENTRAL INDEX KEY: 0000943457 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 954521152 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 333 SOUTH GRAND AVE 28TH FLR STREET 2: 22ND FLOOR CITY: LOS ANGELES STATE: CA ZIP: 90071 BUSINESS PHONE: 2138306300 MAIL ADDRESS: STREET 1: 550 SOUTH HOPE ST STREET 2: 22ND FL CITY: LOS ANGELES STATE: CA ZIP: 90071 FORMER COMPANY: FORMER CONFORMED NAME: OAKTREE CAPITAL MANAGEMENT LLC /ADV DATE OF NAME CHANGE: 19970210 SC 13G 1 SCHEDULE 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 (Amendment No. )* ------ THE PENN TRAFFIC COMPANY - -------------------------------------------------------------------------------- (Name of Issuer) COMMON STOCK - -------------------------------------------------------------------------------- (Title of Class of Securities) 707832 AH 4 ---------------------------------- (CUSIP Number) DECEMBER 31, 1999 - -------------------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: /X/ Rule 13d-1(b) / / Rule 13d-1(c) / / Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 707832 AH 4 Page 2 of 5 Pages ----------- --- --- SCHEDULE 13G - ------------------------------------------------------------------------------- (1) Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). Oaktree Capital Management, LLC - ------------------------------------------------------------------------------- (2) Check the Appropriate Box if a Member (a) / / of a Group (See Instructions) (b) /X/ - ------------------------------------------------------------------------------- (3) SEC Use Only - ------------------------------------------------------------------------------- (4) Citizenship or Place of Organization California - ------------------------------------------------------------------------------- Number of Shares (5) Sole Voting Power Beneficially 1,724,305 Owned by -------------------------------------------------- Each Reporting (6) Shared Voting Power Person With: None -------------------------------------------------- (7) Sole Dispositive Power 1,724,305 -------------------------------------------------- (8) Shared Dispositive Power None - ------------------------------------------------------------------------------- (9) Aggregate Amount Beneficially Owned by Each Reporting Person 1,724,305 - ------------------------------------------------------------------------------- (10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) / / - ------------------------------------------------------------------------------- (11) Percent of Class Represented by Amount in Row (9) 8.6% - ------------------------------------------------------------------------------- (12) Type of Reporting Person (See Instructions) IA;OO - ------------------------------------------------------------------------------- CUSIP No. 707832 AH 4 Page 3 of 5 Pages ----------- --- --- ITEM 1. (a) Name of Issuer THE PENN TRAFFIC COMPANY --------------------------------------------------------------------- (b) Address of Issuer's Principal Executive Offices The Penn Traffic Company 1200 State Fair Blvd. Syracuse, New York 13221 --------------------------------------------------------------------- ITEM 2. (a) Name of Persons Filing Oaktree Capital Management, LLC --------------------------------------------------------------------- (b) Address of Principal Business Office or, if none, Residence 333 South Grand Ave, 28th Floor Los Angeles, California 90071 --------------------------------------------------------------------- (c) Citizenship California --------------------------------------------------------------------- (d) Title of Class of Securities Common Stock, par value $.01 per share --------------------------------------------------------------------- (e) CUSIP Number 707832 AH 4 --------------------------------------------------------------------- ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO SECTIONS 240.13d-1(b) OR 240.13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A: (a) / / Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o). (b) / / Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). (c) / / Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). (d) / / Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). (e) /X/ An investment adviser in accordance with section 240.13d-1(b)(1)(ii)(E). (f) / / An employee benefit plan or endowment fund in accordance with section 240.13d-1(b)(1)(ii)(F). (g) / / A parent holding company or control person in accordance with section 240.13d-1(b)(1)(ii)(G). (h) / / A savings association as defined in section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813). (i) / / A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3). (j) / / Group, in accordance with section 240.13d-1(b)(1)(ii)(J). CUSIP No. 707832 AH 4 Page 4 of 5 Pages ----------- --- --- ITEM 4. OWNERSHIP* Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: 1,724,305 --------------------------------------------------------------------------- (b) Percent of class: 8.6% --------------------------------------------------------------------------- (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote 1,724,305 ----------------------------------------------------------------- (ii) Shared power to vote or to direct the vote -0- ----------------------------------------------------------------- (iii) Sole power to dispose or to direct the disposition of 1,724,305 ----------------------------------------------------------------- (iv) Shared power to dispose or to direct the disposition of -0- ----------------------------------------------------------------- *Oaktree Capital Management, LLC, a California limited liability company ("Oaktree") is filing in its capacities (i) as the general partner OCM Opportunities Fund, L.P., a Delaware limited partnership (the "Oaktree Fund") and (ii) as the investment manager of a third party managed account (the "Oaktree account"). The Oaktree Fund and the Oaktree Account together beneficially own 1,724,305 shares of the Issuer's Common Stock. ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS Not applicable. ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON All securities reported on this schedule are held by the Oaktree Fund and the Oaktree Account. The Oaktree Fund holds, and has the right to receive dividends and the proceeds from the sale of, more than 5% of the outstanding shares of commmon stock of the issuer. ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY Not applicable. ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP Not applicable. ITEM 9. NOTICE OF DISSOLUTION OF GROUP Not applicable. CUSIP No. 707832 AH 4 Page 5 of 5 Pages ----------- --- --- ITEM 10. CERTIFICATION By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated as of this 10th day of February, 2000. OAKTREE CAPITAL MANAGEMENT, LLC /s/ Kenneth Liang - ----------------------------------------------- By: Kenneth Liang Title: Management Director and General Counsel -----END PRIVACY-ENHANCED MESSAGE-----