0001104659-19-041870.txt : 20190725 0001104659-19-041870.hdr.sgml : 20190725 20190725170522 ACCESSION NUMBER: 0001104659-19-041870 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190724 FILED AS OF DATE: 20190725 DATE AS OF CHANGE: 20190725 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: CANYON CAPITAL ADVISORS LLC CENTRAL INDEX KEY: 0001074034 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36228 FILM NUMBER: 19975142 BUSINESS ADDRESS: STREET 1: 2000 AVENUE OF THE STARS, 11TH FLOOR CITY: LOS ANGELES STATE: CA ZIP: 90067 BUSINESS PHONE: 3102721000 MAIL ADDRESS: STREET 1: 2000 AVENUE OF THE STARS, 11TH FLOOR CITY: LOS ANGELES STATE: CA ZIP: 90067 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Julis Mitchell R CENTRAL INDEX KEY: 0001766581 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36228 FILM NUMBER: 19975143 MAIL ADDRESS: STREET 1: 2000 AVENUE OF THE STARS, 11TH FLOOR CITY: LOS ANGELES STATE: CA ZIP: 90067 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Friedman Joshua S CENTRAL INDEX KEY: 0001766767 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36228 FILM NUMBER: 19975144 MAIL ADDRESS: STREET 1: 2000 AVENUE OF THE STARS, 11 FLOOR CITY: LOS ANGELES STATE: CA ZIP: 90067 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: NAVIENT CORP CENTRAL INDEX KEY: 0001593538 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] IRS NUMBER: 464054283 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 123 JUSTISON STREET STREET 2: SUITE 300 CITY: WILMINGTON STATE: DE ZIP: 19801 BUSINESS PHONE: 302-283-8000 MAIL ADDRESS: STREET 1: 123 JUSTISON STREET STREET 2: SUITE 300 CITY: WILMINGTON STATE: DE ZIP: 19801 FORMER COMPANY: FORMER CONFORMED NAME: New Corp DATE OF NAME CHANGE: 20131205 4 1 a4.xml 4 X0306 4 2019-07-24 1 0001593538 NAVIENT CORP NAVI 0001074034 CANYON CAPITAL ADVISORS LLC 2000 AVENUE OF THE STARS 11TH FLOOR LOS ANGELES CA 90067 0 0 1 0 0001766581 Julis Mitchell R 2000 AVENUE OF THE STARS 11TH FLOOR LOS ANGELES CA 90067 0 0 1 0 0001766767 Friedman Joshua S 2000 AVENUE OF THE STARS 11TH FLOOR LOS ANGELES CA 90067 0 0 1 0 Common Stock, par value $0.01 per share 2019-07-24 4 S 0 3500000 14.95 D 22149480 I See footnotes This Form 4 is being filed jointly by Canyon Capital Advisors LLC, a Delaware limited liability company ("CCA"), Mitchell R. Julis, a citizen of the United States of America, and Joshua S. Friedman, a citizen of the United States of America (collectively, the "Reporting Persons"), each of whom may be deemed to have a pecuniary interest in securities reported on this Form 4 (the "Subject Securities"). The business address of each of the Reporting Persons is 2000 Avenue of the Stars, 11th Floor, Los Angeles, CA 90067. CCA, as the investment advisor to certain managed accounts that directly hold the Subject Securities, including Canyon Value Realization Fund, L.P., The Canyon Value Realization Master Fund (Cayman), L.P., Canyon Value Realization Fund MAC 18, Ltd., Canyon Balanced Master Fund, Ltd., Canyon-GRF Master Fund II, L.P., Canyon Distressed Opportunity Master Fund II, L.P., EP Canyon Ltd. and Canyon NZ-DOF Investing, L.P., may be deemed to be the beneficial owner of the Subject Securities for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934. Mitchell R. Julis and Joshua S. Friedman, as persons who manage CCA and control the entities which own 100% of CCA, may each be deemed to be the beneficial owner of the Subject Securities for purposes of Rule 16a-1(a). Each of the Reporting Persons disclaims beneficial ownership of the Subject Securities except to the extent of any pecuniary interest therein. CANYON CAPITAL ADVISORS LLC /s/ Doug Anderson By: Doug Anderson, Chief Compliance Officer 2019-07-25 /s/ Mitchell R. Julis MITCHELL R. JULIS 2019-07-25 /s/ Joshua S. Friedman JOSHUA S. FRIEDMAN 2019-07-25