0001104659-17-001239.txt : 20170106
0001104659-17-001239.hdr.sgml : 20170106
20170106171912
ACCESSION NUMBER: 0001104659-17-001239
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170104
FILED AS OF DATE: 20170106
DATE AS OF CHANGE: 20170106
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: GENCO SHIPPING & TRADING LTD
CENTRAL INDEX KEY: 0001326200
STANDARD INDUSTRIAL CLASSIFICATION: DEEP SEA FOREIGN TRANSPORTATION OF FREIGHT [4412]
IRS NUMBER: 000000000
STATE OF INCORPORATION: 1T
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 299 PARK AVENUE
STREET 2: 12TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10171
BUSINESS PHONE: (646) 443-8550
MAIL ADDRESS:
STREET 1: 299 PARK AVENUE
STREET 2: 12TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10171
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Khosla Victor
CENTRAL INDEX KEY: 0001473996
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33393
FILM NUMBER: 17515097
MAIL ADDRESS:
STREET 1: 100 WEST PUTNAM AVENUE
CITY: GREENWICH
STATE: CT
ZIP: 06830
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: SVP Special Situations III-A LLC
CENTRAL INDEX KEY: 0001614275
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33393
FILM NUMBER: 17515098
BUSINESS ADDRESS:
STREET 1: 100 WEST PUTNAM AVENUE
CITY: GREENWICH
STATE: CT
ZIP: 06830
BUSINESS PHONE: 203-618-3500
MAIL ADDRESS:
STREET 1: 100 WEST PUTNAM AVENUE
CITY: GREENWICH
STATE: CT
ZIP: 06830
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: SVP Special Situations III LLC
CENTRAL INDEX KEY: 0001614274
STATE OF INCORPORATION: DE
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33393
FILM NUMBER: 17515099
BUSINESS ADDRESS:
STREET 1: 100 WEST PUTNAM AVENUE
CITY: GREENWICH
STATE: CT
ZIP: 06830
BUSINESS PHONE: 203-618-3500
MAIL ADDRESS:
STREET 1: 100 WEST PUTNAM AVENUE
CITY: GREENWICH
STATE: CT
ZIP: 06830
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: SVP Special Situations II LLC
CENTRAL INDEX KEY: 0001614276
STATE OF INCORPORATION: DE
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33393
FILM NUMBER: 17515100
BUSINESS ADDRESS:
STREET 1: 100 WEST PUTNAM AVENUE
CITY: GREENWICH
STATE: MA
ZIP: 06830
BUSINESS PHONE: 203-618-3500
MAIL ADDRESS:
STREET 1: 100 WEST PUTNAM AVENUE
CITY: GREENWICH
STATE: MA
ZIP: 06830
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Strategic Value Partners, LLC
CENTRAL INDEX KEY: 0001301912
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33393
FILM NUMBER: 17515101
BUSINESS ADDRESS:
STREET 1: 100 WEST PUTNAM AVENUE
CITY: GREENWICH
STATE: CT
ZIP: 06830
BUSINESS PHONE: (203) 618-3500
MAIL ADDRESS:
STREET 1: 100 WEST PUTNAM AVENUE
CITY: GREENWICH
STATE: CT
ZIP: 06830
4
1
a4.xml
4
X0306
4
2017-01-04
0
0001326200
GENCO SHIPPING & TRADING LTD
GNK
0001301912
Strategic Value Partners, LLC
100 WEST PUTNAM AVENUE
GREENWICH
CT
06830
1
0
1
0
0001614276
SVP Special Situations II LLC
100 WEST PUTNAM AVENUE
GREENWICH
CT
06830
1
0
1
0
0001614274
SVP Special Situations III LLC
100 WEST PUTNAM AVENUE
GREENWICH
CT
06830
1
0
1
0
0001614275
SVP Special Situations III-A LLC
100 WEST PUTNAM AVENUE
GREENWICH
CT
06830
1
0
1
0
0001473996
Khosla Victor
100 WEST PUTNAM AVENUE
GREENWICH
CT
06830
1
0
1
0
Common Stock
2017-01-04
4
C
0
2815415
A
3214974
I
See footnotes
Common Stock
2017-01-04
4
C
0
2885433
A
3294929
I
See footnotes
Common Stock
2017-01-04
4
C
0
2492729
A
2846493
I
See footnotes
Common Stock
2017-01-04
4
C
0
708485
A
809032
I
See footnotes
Series A Conv. Preferred Stock, par value $0.01 per share
2017-01-04
4
C
0
2815415
D
Common Stock
2815415
0
I
See footnotes
Series A Conv. Preferred Stock, par value $0.01 per share
2017-01-04
4
C
0
2885433
D
Common Stock
2885433
0
I
See footnotes
Series A Conv. Preferred Stock, par value $0.01 per share
2017-01-04
4
C
0
2492729
D
Common Stock
2492729
0
I
See footnotes
Series A Conv. Preferred Stock, par value $0.01 per share
2017-01-04
4
C
0
708485
D
Common Stock
708485
0
I
See footnotes
On January 4, 2017, shares of the Issuer's Series A Preferred Stock (the "Preferred Shares") automatically converted into shares of Common Stock at a ratio of one share of Common Stock for each Preferred Share, following the approval by the Issuer's stockholders to issue shares of Common Stock upon conversion of the Preferred Shares.
The reported securities are held directly by Strategic Value Master Fund, Ltd., Strategic Value Special Situations Master Fund II, L.P., Strategic Value Special Situations Master Fund III, L.P. and Strategic Value Opportunities Fund, L.P., and may be deemed to be held indirectly by Strategic Value Partners, LLC ("Strategic Value Partners"), SVP Special Situations II LLC ("Special Situations II"), SVP Special Situations III LLC ("Special Situations III"), SVP Special Situations III-A LLC ("Special Situations III-A"), each as investment manager, and Victor Khosla ("Mr. Khosla" and together with Strategic Value Partners, Special Situations II, Special Situations III and Special Situations III-A, the "Reporting Persons"), as the sole member of Midwood Holdings, LLC, the managing member of Strategic Value Partners, in each case as described below.
The filing of this Form 4 shall not be construed as an admission that the Reporting Persons are or were for the purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended, or otherwise, the beneficial owners of any of the securities reported herein. The Reporting Persons disclaim such beneficial ownership, except to the extent of their pecuniary interest.
Held directly by Strategic Value Master Fund, Ltd., a Cayman Islands exempted company. Strategic Value Partners is the investment manager of, and exercises investment discretion over Strategic Value Master Fund, Ltd. Strategic Value Partners is indirectly majority owned and controlled by Mr. Khosla.
Held directly by Strategic Value Special Situations Master Fund II, L.P., a Cayman Islands exempted limited partnership. Special Situations II is the investment manager of, and exercises investment discretion over Strategic Value Special Situations Master Fund II, L.P. Strategic Value Partners is the managing member of Special Situations II. Strategic Value Partners and Special Situations II are both indirectly majority owned and controlled by Mr. Khosla.
Held directly by Strategic Value Special Situations Master Fund III, L.P., a Cayman Islands exempted limited partnership. Special Situations III is the investment manager of, and exercises investment discretion over Strategic Value Special Situations Master Fund III, L.P. Strategic Value Partners is the managing member of Special Situations III. Strategic Value Partners and Special Situations III are both indirectly majority owned and controlled by Mr. Khosla.
Held directly by Strategic Value Opportunities Fund, L.P., a Cayman Islands exempted limited partnership. Special Situations III-A is the investment manager of, and exercises investment discretion over Strategic Value Opportunities Fund, L.P. Strategic Value Partners is the managing member of Special Situations III-A. Strategic Value Partners and Special Situations III-A are both indirectly majority owned and controlled by Mr. Khosla.
/s/ James Dougherty, as Fund Chief Financial Officer of Strategic Value Partners, LLC
2017-01-06
/s/ James Dougherty, as Fund Chief Financial Officer of SVP Special Situations II LLC
2017-01-06
/s/ James Dougherty, as Fund Chief Financial Officer of SVP Special Situations III LLC
2017-01-06
/s/ James Dougherty, as Fund Chief Financial Officer of SVP Special Situations III-A LLC
2017-01-06
/s/ Victor Khosla
2017-01-06