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
AKORN INC COM 009728106 7,497 4,997,800 SH   DFND   4,997,800 0 0
ALLERGAN PLC SHS G0177J108 192,164 1,005,200 SH   DFND   1,005,200 0 0
ARCONIC INC COM 03965L100 115,200 3,743,900 SH   DFND   3,743,900 0 0
ARDAGH GROUP S A CL A L0223L101 56,886 2,905,318 SH   DFND   2,905,318 0 0
AVAYA HLDGS CORP NOTE 2.250% 6/1 05351XAB7 33,322 37,500,000 PRN   DFND   37,500,000 0 0
BENEFITFOCUS INC NOTE 1.250%12/1 08180DAB2 20,584 23,850,000 PRN   DFND   23,850,000 0 0
BERRY GLOBAL GROUP INC COM 08579W103 366,614 7,719,811 SH   DFND   7,719,811 0 0
BOEING CO COM 097023105 71,407 219,200 SH   DFND   219,200 0 0
BRISTOL MYERS SQUIBB CO RIGHT 99/99/9999 110122157 3,753 1,246,794 SH   DFND   1,246,794 0 0
CAESARS ENTMT CORP COM 127686103 618,179 45,454,371 SH   DFND   45,454,371 0 0
DELL TECHNOLOGIES INC CL C 24703L202 312,855 6,087,851 SH   DFND   6,087,851 0 0
EDISON INTL COM 281020107 157,139 2,083,800 SH   DFND   2,083,800 0 0
ELDORADO RESORTS INC COM 28470R102 313,145 5,250,594 SH   DFND   5,250,594 0 0
GOL LINHAS AEREAS INTLG S A SPON ADR PFD NEW 38045R206 1,644 91,000 SH   DFND   91,000 0 0
INTELSAT S A COM L5140P101 7,672 1,091,325 SH   DFND   1,091,325 0 0
J2 GLOBAL INC NOTE 3.250% 6/1 48123VAC6 47,741 33,000,000 PRN   DFND   33,000,000 0 0
JAZZ INVESTMENTS I LTD NOTE 1.500% 8/1 472145AD3 42,423 41,975,000 PRN   DFND   41,975,000 0 0
JAZZ INVESTMENTS I LTD NOTE 1.875% 8/1 472145AB7 45,983 44,500,000 PRN   DFND   44,500,000 0 0
LIBERTY MEDIA CORP DELAWARE NOTE 1.375%10/1 531229AB8 97,499 73,000,000 PRN   DFND   73,000,000 0 0
LIGAND PHARMACEUTICALS INC NOTE 0.750% 5/1 53220KAF5 56,160 65,000,000 PRN   DFND   65,000,000 0 0
MGM RESORTS INTERNATIONAL COM 552953101 263,114 7,908,449 SH   DFND   7,908,449 0 0
MICROCHIP TECHNOLOGY INC NOTE 1.625% 2/1 595017AF1 57,126 40,000,000 PRN   DFND   40,000,000 0 0
MICROCHIP TECHNOLOGY INC NOTE 2.250% 2/1 595017AH7 92,416 63,500,000 PRN   DFND   63,500,000 0 0
NAVIENT CORPORATION COM 63938C108 278,340 20,346,464 SH   DFND   20,346,464 0 0
OFFICE DEPOT INC COM 676220106 71,161 25,971,000 SH   DFND   25,971,000 0 0
PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408 10,345 649,000 SH   DFND   649,000 0 0
PRA GROUP INC NOTE 3.500% 6/0 69354NAB2 46,696 44,700,000 PRN   DFND   44,700,000 0 0
QTS RLTY TR INC 6.50% CON PFD B 74736A301 31,936 250,000 PRN   DFND   250,000 0 0
REALPAGE INC NOTE 1.500%11/1 75606NAB5 48,805 35,000,000 PRN   DFND   35,000,000 0 0
SANTANDER CONSUMER USA HDG I COM 80283M101 326,642 13,976,963 SH   DFND   13,976,963 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 515 725,000 PRN Call DFND   725,000 0 0
TARGET HOSPITALITY CORP *W EXP 03/15/202 87615L115 260 500,000 PRN   DFND   500,000 0 0
TIDEWATER INC NEW COM 88642R109 21,629 1,121,850 SH   DFND   1,121,850 0 0
VICI PPTYS INC COM 925652109 439,562 17,203,976 SH   DFND   17,203,976 0 0
WANDA SPORTS GROUP CO LTD SPONSORED ADS 93368R101 877 357,842 SH   DFND   357,842 0 0
YPF SOCIEDAD ANONIMA SPON ADR CL D 984245100 32,951 2,845,480 SH   DFND   2,845,480 0 0