0001209191-14-064183.txt : 20141021
0001209191-14-064183.hdr.sgml : 20141021
20141021171553
ACCESSION NUMBER: 0001209191-14-064183
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20141017
FILED AS OF DATE: 20141021
DATE AS OF CHANGE: 20141021
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
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: 141166325
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: 141166326
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: 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: 141166327
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
doc4.xml
FORM 4 SUBMISSION
X0306
4
2014-10-17
0
0001326200
GENCO SHIPPING & TRADING LTD
GNK
0001301912
Strategic Value Partners, LLC
C/O STRATEGIC VALUE PARTNERS, LLC
100 WEST PUTNAM AVENUE
GREENWICH
CT
06830
0
0
1
0
0001614274
SVP Special Situations III LLC
C/O STRATEGIC VALUE PARTNERS, LLC
100 WEST PUTNAM AVENUE
GREENWICH
CT
06830
0
0
1
0
0001473996
Khosla Victor
C/O STRATEGIC VALUE PARTNERS, LLC
100 WEST PUTNAM AVENUE
GREENWICH
CT
06830
0
0
1
0
Common Stock
2014-10-17
4
P
0
100000
14.50
A
1868917
I
See Footnote
Common Stock
2753389
I
See Footnote
Common Stock
365031
I
See Footnote
Common Stock
2652581
I
See Footnote
The reported securities are held directly by Strategic Value Special Situations Master Fund III, L.P., and may be deemed to be held indirectly by Strategic Value Partners, LLC (""Strategic Value Partners""), SVP Special Situations III LLC (""Special Situations III""), as investment manager, and Victor Khosla (""Mr. Khosla"" and together with Strategic Value Partners and Special Situations III 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 shares of common stock, of Genco Shipping & Trading Limited (the "Issuer"). Pursuant to Rule 16a-1, the Reporting Persons disclaim such beneficial ownership, except to the extent of their pecuniary interest.
Special Situations III is the investment manager of, and exercises investment discretion over, Strategic Value Special Situations Master Fund III, L.P., a Cayman Islands exempted limited partnership. 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.
Strategic Value Special Situations Master Fund II, L.P., a Cayman Islands exempted partnership ("Master Fund II"), holds 2,753,389 shares of Common Stock of the Issuer. Strategic Value Partners is the managing member of SVP Special Situations II LLC ("Special Situations II"), the investment manager of Master Fund II. Strategic Value Partners and Special Situations II are both indirectly majority owned and controlled by Mr. Khosla.
Strategic Value Special Situations Offshore Fund III-A, L.P., a Cayman Islands exempted partnership (the "Offshore Fund"), holds 365,031 shares of Common Stock of the Issuer. Strategic Value Partners is the managing member of SVP Special Situations III-A LLC ("Special Situations III-A"), the investment manager of the Offshore Fund. Strategic Value Partners and Special Situations III-A are both indirectly majority owned and controlled by Mr. Khosla.
Strategic Value Master Fund, Ltd., a Cayman Islands exempted company (the "Master Fund"), holds 2,652,581 shares of Common Stock of the Issuer. Strategic Value Partners is the investment manager of the Master Fund. Strategic Value Partners is indirectly majority owned and controlled by Mr. Khosla.
Stategic Value Partners, LLC /s/ Lewis Schwartz Name: Lewis Schwartz Title: Chief Financial Officer
2014-10-21
SVP Special Situations III, LLC /s/ Lewis Schwartz Name: Lewis Schwartz Title: Chief Financial Officer
2014-10-21
Victor Khosla /s/ Victor Khosla
2014-10-21