-----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, PpfrohhWuokHhijnSfqGLaTPPrlikRx/xwVEgsXGRZZ3Bfo/Il4MDyMo4rtvhs0Z mFQoLagbA3tNWliZpj/2uQ== /in/edgar/work/0000912057-00-047316/0000912057-00-047316.txt : 20001107 0000912057-00-047316.hdr.sgml : 20001107 ACCESSION NUMBER: 0000912057-00-047316 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20001106 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ADVANTICA RESTAURANT GROUP INC CENTRAL INDEX KEY: 0000852772 STANDARD INDUSTRIAL CLASSIFICATION: [5812 ] IRS NUMBER: 133487402 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-40568 FILM NUMBER: 753557 BUSINESS ADDRESS: STREET 1: 203 E MAIN ST CITY: SPARTANBURG STATE: SC ZIP: 29319 BUSINESS PHONE: 8645978000 MAIL ADDRESS: STREET 1: 203 EAST MAINE STREET CITY: SPARTANBURG STATE: SC ZIP: 29319 FORMER COMPANY: FORMER CONFORMED NAME: FLAGSTAR COMPANIES INC DATE OF NAME CHANGE: 19930722 FORMER COMPANY: FORMER CONFORMED NAME: TW HOLDINGS INC DATE OF NAME CHANGE: 19920703 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 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 SC 13G 1 a2029508zsc13g.txt SC 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 SCHEDULE 13G (RULE 13d-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13D-1(b) (c), AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b) (Amendment No. __) ADVANTICA RESTAURANT GROUP, INC. - -------------------------------------------------------------------------------- (Name of Issuer) COMMON STOCK - -------------------------------------------------------------------------------- (Title of Class of Securities) 00758B109 (CUSIP Number) OCTOBER 11, 2000 (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) - ------------------------------ ------------------------------------------ CUSIP NO. 00758B109 PAGE 2 OF 5 PAGES ---------------------- ----- ------- - ------------------------------ ------------------------------------------ SCHEDULE 13G - -------------- ----------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Oaktree Capital Management, LLC - -------------- ----------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / / (b) /X/ - -------------- ----------------------------------------------------------------- 3 SEC USE ONLY - -------------- ----------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION California - -------------- ----------------------------------------------------------------- 5 NUMBER OF SOLE VOTING POWER SHARES BENEFICIALLY 5,746,916 OWNED BY EACH REPORTING PERSON WITH ------- --------------------------------------------------- 6 SHARED VOTING POWER None ------- --------------------------------------------------- 7 SOLE DISPOSITIVE POWER 5,746,916 ------- --------------------------------------------------- 8 SHARED DISPOSITIVE POWER None - -------------- ----------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,746,916 - -------------- ----------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES / / - -------------- ----------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 14.3% - -------------- ----------------------------------------------------------------- 12 TYPE OF REPORTING PERSON IA;OO - -------------- ----------------------------------------------------------------- - ------------------------------ ------------------------------------------ CUSIP NO. 00758B109 PAGE 3 OF 5 PAGES ---------------------- ----- ------- - ------------------------------ ------------------------------------------ ITEM 1. (a) NAME OF ISSUER: ADVANTICA RESTAURANT GROUP, INC. (b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: 203 East Main Street Spartanburg, South Carolina 29319-9966 ITEM 2. (a) NAME OF PERSONS FILING: Oaktree Capital Management, LLC (b) ADDRESS OF PRINCIPAL BUSINESS OFFICE OF THE REPORTING PERSONS: 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: 00758B109 ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13D-1(B), OR 13D-2(B) OR (C), CHECK WHETHER THE PERSON FILING IS A: (a) / / Broker or Dealer registered under Section 15 of the Exchange Act; (b) / / Bank as defined in section 3(a)(6) of the Exchange Act; (c) / / Insurance Company as defined in section 3(a)(19) of the Exchange Act; (d) / / Investment Company registered under section 8 of the Investment Company Act; (e) /X/ Investment Adviser in accordance with Rule 13d-1(b)(1)(ii)(E); (f) / / An Employee Benefit Plan, or Endowment Fund in accordance with Rule 13d-1(b)(1)(ii)(F); (g) / / Parent Holding Company or Control Person in accordance with13-1(b) (ii)(G); (h) / / A Savings Association as defined in Section 3(b) of the Federal Deposit Insurance Act; (i) / / A Church Plan that is excluded from the definition of an Investment Company under Section 3(c)(14) of the Investment Company Act; (j) / / Group, in accordance with Rule 13d-1(b)(1)(ii)(H) - ------------------------------ ------------------------------------------ CUSIP NO. 00758B109 PAGE 4 OF 5 PAGES ---------------------- ----- ------- - ------------------------------ ------------------------------------------ ITEM 4. OWNERSHIP * (a) Amount beneficially owned: 5,746,916 (b) Percent of class: 14.3% (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote: 5,746,916 (ii) Shared power to vote or to direct the vote: -0- (iii) Sole power to dispose or direct the disposition of: 5,746,916 (iv) Shared power to dispose or direct the disposition of: -0- *Oaktree Capital Management, LLC, a California limited liability company ("Oaktree"), is filing this Schedule 13G in its capacities (i) as the general partner of OCM Opportunities Fund II, L.P., a Delaware limited partnership (the "Partnership"), and (ii) as the investment manager of a third party managed account (the "Oaktree Account"). The Partnership is the direct beneficial owner of 5,631,971 shares of the Issuer's Common Stock and the Oaktree Account is the direct beneficial owner of 114,945 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 13G are directly held either by the Partnership or the Oaktree Account. The Partnership holds, and has the right to receive dividends and the proceeds from the sale of, more than 5% of the outstanding shares of the Issuer's Common Stock. The Oaktree Account does NOT beneficially own more than 5% of the outstanding shares of the Issuer's Common Stock. 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. 00758B109 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 his or its knowledge and belief, each of the undersigned certify that the information set forth in this Statement is true, complete and correct. Dated as of this 6th day of November, 2000. OAKTREE CAPITAL MANAGEMENT, LLC /s/ Kenneth Liang - ----------------------------- By: Kenneth Liang Title: Managing Director and General Counsel -----END PRIVACY-ENHANCED MESSAGE-----