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
AMBAC FINANCIAL GROUP, INC 16.6700 EXP04/30/2023 COMMON 023139116 3,382 340,335 SH Call SOLE NONE 340,335 0 0
AMBAC FINANCIAL GROUP, INC COMMON 023139884 4,891 226,769 SH   SOLE NONE 226,769 0 0
AMPLIFY ENERGY CORP COMMON 03212B103 3,598 544,395 SH   SOLE NONE 544,395 0 0
BLUELINX HLDGS INC COMMON 09624H208 7,778 545,845 SH   SOLE NONE 545,845 0 0
BONANZA CREEK ENERGY, INC COMMON 097793400 2,035 87,182 SH   SOLE NONE 87,182 0 0
CIVEO CORP COMMON 17878Y108 4,803 3,723,002 SH   SOLE NONE 3,723,002 0 0
CUMULUS MEDIA INC CL A 231082801 3,381 192,450 SH   SOLE NONE 192,450 0 0
DIAMOND OFFSHORE DRILLING, INC COMMON 25271C102 4,111 571,793 SH   SOLE NONE 571,793 0 0
GENWORTH FINANCIAL INC CL A 37247D106 12,573 2,857,419 SH   SOLE NONE 2,857,419 0 0
GLOBALSTAR, INC COMMON 378973408 3,306 6,373,500 SH   SOLE NONE 6,373,500 0 0
IHEARTMEDIA, INC CL A 45174J509 2,355 139,328 SH   SOLE NONE 139,328 0 0
INTELSAT S.A. COMMON L5140P101 4,226 601,142 SH   SOLE NONE 601,142 0 0
NII HOLDINGS, INC CL B 62913F508 13,658 6,293,953 SH   SOLE NONE 6,293,953 0 0
P G & E CORP COMMON 69331C108 3,522 324,028 SH   SOLE NONE 324,028 0 0
PENN VIRGINIA CORP COMMON 70788V102 3,067 101,069 SH   SOLE NONE 101,069 0 0
SANDRIDGE ENERGY, INC COMMON 80007P869 2,514 592,885 SH   SOLE NONE 592,885 0 0
SANOFI-AVENTIS EXP12/31/2020 RTS 80105N113 4,942 5,744,776 SH   SOLE NONE 5,744,776 0 0
SILVERBOW RESOURCES, INC COMMON 82836G102 1,967 198,724 SH   SOLE NONE 198,724 0 0
TETRA TECHNOLOGIES INC COMMON 88162F105 2,271 1,158,900 SH   SOLE NONE 1,158,900 0 0
URBAN ONE INC COMMON 91705J204 843 443,869 SH   SOLE NONE 443,869 0 0
VISTRA ENERGY CORP 35.0000 EXP02/02/2024 COMMON 92840M128 142 65,434 SH Call SOLE NONE 65,434 0 0