0001140361-16-059839.txt : 20160401 0001140361-16-059839.hdr.sgml : 20160401 20160401165120 ACCESSION NUMBER: 0001140361-16-059839 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20160330 FILED AS OF DATE: 20160401 DATE AS OF CHANGE: 20160401 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Eagle Bulk Shipping Inc. CENTRAL INDEX KEY: 0001322439 STANDARD INDUSTRIAL CLASSIFICATION: DEEP SEA FOREIGN TRANSPORTATION OF FREIGHT [4412] IRS NUMBER: 980450435 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 477 MADISON AVENUE STREET 2: SUITE 1405 CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-785-2500 MAIL ADDRESS: STREET 1: 477 MADISON AVENUE STREET 2: SUITE 1405 CITY: NEW YORK STATE: NY ZIP: 10022 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Tananbaum Steven A. CENTRAL INDEX KEY: 0001435626 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33831 FILM NUMBER: 161547848 MAIL ADDRESS: STREET 1: 300 PARK AVENUE STREET 2: 21ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: GoldenTree Asset Management LLC CENTRAL INDEX KEY: 0001435627 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33831 FILM NUMBER: 161547849 BUSINESS ADDRESS: STREET 1: 300 PARK AVENUE STREET 2: 21ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-847-3500 MAIL ADDRESS: STREET 1: 300 PARK AVENUE STREET 2: 21ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: GOLDENTREE ASSET MANAGEMENT LP CENTRAL INDEX KEY: 0001278951 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33831 FILM NUMBER: 161547850 BUSINESS ADDRESS: STREET 1: 300 PARK AVENUE STREET 2: 21ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2128473500 MAIL ADDRESS: STREET 1: 300 PARK AVENUE STREET 2: 21ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 3 1 doc1.xml FORM 3 X0206 3 2016-03-30 0 0001322439 Eagle Bulk Shipping Inc. EGLE 0001278951 GOLDENTREE ASSET MANAGEMENT LP 300 PARK AVENUE 21ST FLOOR NEW YORK NY 10022 0 0 1 1 See Remarks 0001435627 GoldenTree Asset Management LLC 300 PARK AVENUE 21ST FLOOR NEW YORK NY 10022 0 0 1 0 See Remarks 0001435626 Tananbaum Steven A. 300 PARK AVENUE 21ST FLOOR NEW YORK NY 10022 0 0 1 1 See Remarks Common Stock, par value $0.01 per share ("Common Stock") 1857659 I See footnotes Common Stock 298370 I See footnotes Common Stock 135475 I See footnotes Common Stock 10192 I See footnotes Common Stock 169675 I See footnotes Common Stock 63499 I See footnotes Common Stock 385351 I See footnotes Common Stock 9018 I See footnotes Common Stock 195707 I See footnotes Common Stock 64302 I See footnotes See Exhibit 99.1; footnote (1). See Exhibit 99.1; footnote (2). See Exhibit 99.1; footnote (3). See Exhibit 99.1; footnote (4). See Exhibit 99.1; footnote (5). See Exhibit 99.1; footnote (6). See Exhibit 99.1; footnote (7). See Exhibit 99.1; footnote (8). See Exhibit 99.1; footnote (9). See Exhibit 99.1; footnote (10). See Exhibit 99.1; footnote (11). List of Exhibits: Exhibit 99.1: Explanation of Responses Solely for purposes of Section 16 of the Exchange Act, each of the Advisor and, by virtue of their control of the Advisor, the General Partner and Steven A. Tananbaum may be deemed to be directors-by-deputization by virtue of the contractual right of the Advisor to designate a member of the board of directors of EGLE. Casey Shanley has been designated by the Advisor to serve as a member of EGLE's board of directors. GoldenTree Asset Management LP, By: GoldenTree Asset Management LLC, its General Partner, By: /s/ Steven A. Tananbaum, its Managing Member 2016-03-31 GoldenTree Asset Management LLC, By: /s/ Steven A. Tananbaum, its Managing Member 2016-03-31 /s/ Steven A. Tananbaum 2016-03-31 EX-99.1 2 g16787598.htm EXPLANATION OF RESPONSES

Explanation of Responses:
 
(1)  This Form 3 is filed on behalf of GoldenTree Asset Management LP (the “Advisor”), GoldenTree Asset Management LLC (the “General Partner”) and Steven A. Tananbaum (collectively, the “Reporting Persons”).  The Advisor is the investment manager or advisor to GoldenTree Distressed Master Fund 2014 LP (“GDMF”), GoldenTree Distressed Fund 2014 LP (“GDF”), GoldenTree E Distressed Debt Master Fund II LP (“GDDF”), GoldenTree E Distressed Debt Fund II LP (“GEDD”), GoldenTree Entrust Master Fund SPC (“GSPC”), GT NM, L.P. (“GTNM”), GoldenTree Master Fund II, LTD (“GFII”), GoldenTree Master Fund, LTD (“GMF” and together with GDMF, GDF, GDDF, GEDD, GSPC, GTNM and GFII, the “Funds”) and certain separate accounts managed by the Advisor (the “Managed Accounts”) and may be deemed to have a pecuniary interest in the Common Stock directly held by the Funds and held in the Managed Accounts.  The General Partner is the general partner of the Advisor and may be deemed to have a pecuniary interest in the Common Stock reported herein in which the Advisor has a pecuniary interest.  Steven A. Tananbaum is the managing member of the General Partner and may be deemed to have a pecuniary interest in the Common Stock reported herein in which the Advisor and the General Partner have a pecuniary interest, and also directly holds shares of Common Stock.  The Advisor, the General Partner and the Funds disclaim beneficial ownership of the shares held directly by Steven A. Tananbaum.  Each Fund disclaims beneficial ownership of the shares held directly by each other Fund, the Managed Accounts and Steven A. Tananbaum.  Shares held directly by GFII, GMF and Steven A. Tananbaum are reported on a separate Form 3 filed contemporaneously with this Form 3 due to the limitation on the number of holdings that may be included on any single Form 3.
(2) Common Stock held directly by GoldenTree Distressed Master Fund 2014 LP.
(3) Common Stock held directly by GoldenTree Distressed Fund 2014 LP.
(4) Common Stock held directly by GoldenTree E Distressed Debt Master Fund II LP.
(5) Common Stock held directly by GoldenTree E Distressed Debt Fund II LP.
(6) Common Stock held directly by GoldenTree Entrust Master Fund SPC.
(7) Common Stock held directly by GT NM, L.P.
(8) Common Stock held directly by a separate account managed by GoldenTree Asset Management LP.
(9) Common Stock held directly by a separate account managed by GoldenTree Asset Management LP.
(10) Common Stock held directly by a separate account managed by GoldenTree Asset Management LP.
(11) Common Stock held directly by a separate account managed by GoldenTree Asset Management LP.