0001126328-13-000046.txt : 20130208
0001126328-13-000046.hdr.sgml : 20130208
20130208114110
ACCESSION NUMBER: 0001126328-13-000046
CONFORMED SUBMISSION TYPE: SC 13G
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20130208
DATE AS OF CHANGE: 20130208
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: Horizon Lines, Inc.
CENTRAL INDEX KEY: 0001302707
STANDARD INDUSTRIAL CLASSIFICATION: WATER TRANSPORTATION [4400]
IRS NUMBER: 000000000
FISCAL YEAR END: 1225
FILING VALUES:
FORM TYPE: SC 13G
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-81081
FILM NUMBER: 13585543
BUSINESS ADDRESS:
STREET 1: 4064 COLONY ROAD
STREET 2: SUITE 200
CITY: CHARLOTTE
STATE: NC
ZIP: 28211
BUSINESS PHONE: 704-973-7000
MAIL ADDRESS:
STREET 1: 4064 COLONY ROAD
STREET 2: SUITE 200
CITY: CHARLOTTE
STATE: NC
ZIP: 28211
FORMER COMPANY:
FORMER CONFORMED NAME: H Lines Holding Corp
DATE OF NAME CHANGE: 20040909
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: POST ADVISORY GROUP LLC
CENTRAL INDEX KEY: 0001170789
IRS NUMBER: 000000000
FILING VALUES:
FORM TYPE: SC 13G
BUSINESS ADDRESS:
STREET 1: 1620 26TH STREET
STREET 2: SUITE 6500-NORTH
CITY: SANTA MONICA
STATE: CA
ZIP: 90404
BUSINESS PHONE: 310-996-9600
MAIL ADDRESS:
STREET 1: 1620 26TH STREET
STREET 2: SUITE 6500-NORTH
CITY: SANTA MONICA
STATE: CA
ZIP: 90404
FORMER COMPANY:
FORMER CONFORMED NAME: MW POST ADVISORY GROUP LLC
DATE OF NAME CHANGE: 20020405
SC 13G
1
Schedule13GHorizon.txt
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
Horizon Lines Inc.
Common Stock
CUSIP Number 44044K309
Date of Event which Requires Filing of this Statement: December 31, 2012
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
[X] Rule 13d-1(b)
[_] Rule 13d-1(c)
[_] Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities,
and for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be
deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
CUSIP No. 44044K309 Page 2
1 NAMES OF REPORTING PERSONS
Post Advisory Group, LLC
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a)
(b)
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF 5 SOLE VOTING POWER 0
SHARES
BENEFICIALLY 6 SHARED VOTING POWER 5,972,634
OWNED BY
EACH 7 SOLE DISPOSITIVE POWER 0
REPORTING
PERSON WITH 8 SHARED DISPOSITIVE POWER 5,972,634
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,972,634
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES (See Instructions)
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.87%
Percentage ownership is based upon 34,433,578 common stock shares
outstanding and 9,250,000 outstanding warrants which are able to convert
(1-1) to 9,250,000 common stock shares and 1,200,000,000 billion
outstanding warrants which are able to covert (25-1) to 57,400,000 common
stock shares as of September 31, 2012.
12 TYPE OF REPORTING PERSON (See Instructions)
IA
CUSIP No. 44044K309 Page 3
1 NAMES OF REPORTING PERSONS
Principal Financial Group, Inc.
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a)
(b)
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF 5 SOLE VOTING POWER 0
SHARES
BENEFICIALLY 6 SHARED VOTING POWER 5,972,634
OWNED BY
EACH 7 SOLE DISPOSITIVE POWER 0
REPORTING
PERSON WITH 8 SHARED DISPOSITIVE POWER 5,972,634
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,972,634
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES (See Instructions)
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.87%
12 TYPE OF REPORTING PERSON (See Instructions)
HC
CUSIP No. 44044K309 Page 4
Item 1(a). Name of Issuer:
Horizon Lines Inc.
Item 1(b). Address of Issuer's Principal Executive Offices:
4064 Colony Road
Suite 200
Charlotte, NC 28211
Item 2(a). Name of Person Filing:
Post Advisory Group, LLC
Principal Financial Group, Inc.
Item 2(b). Address of Principal Business Office, or, if None, Residence:
Post Advisory Group, LLC
1620 26th Street
Suite 6500N
Santa Monica, CA 90404
Principal Financial Group, Inc.
711 High Street
Des Moines, IA 50392-0088
Item 2(c). Citizenship:
Post Advisory Group, LLC - State of Delaware
Principal Financial Group, Inc. - State of Delaware
Item 2(d). Title of Class of Securities:
Common Stock
Item 2(e). CUSIP Numbers:
44044K309
Item 3. If this statement is filed pursuant to section 240.13d-1(b) or 240.13d
2(b) or (c), check whether the person filing is a:
(e) [X] An investment adviser in accordance with section 240.13d
1(b)(1)(ii)(E)
(g) [X] A parent holding company or control person in accordance with
section 240.13d-1(b)(1)(ii)(G)
Item 4. Ownership:
(a) Amount Beneficially Owned
5,972,634 Shares Common Stock presently held by Post Advisory Group, LLC
5,972,634 Shares Common Stock presently held by Principal Financial Group,
Inc.
CUSIP No. 44044K309 Page 5
(b) Percent of Class
5.87% - Post Advisory Group, LLC
5.87% - Principal Financial Group, Inc.
(c) Number of shares as to which the person has:
(i) Sole Power to Vote or Direct the Vote
0 Shares Common Stock Principal Global Investors, LLC
0 Shares Common Stock Principal Financial Group, Inc.
(ii) Shared Power to Vote or Direct the Vote
5,972,634 Shares Common Stock presently held by Post Advisory
Group, LLC
5,972,634 Shares Common Stock presently held by Principal
Financial Group, Inc.
(iii) Sole Power to Dispose or to Direct the Disposition of
0 Shares Common Stock Principal Global Investors, LLC
0 Shares Common Stock Principal Financial Group, Inc.
(iv) Shared Power to Dispose or to Direct the Disposition of
5,972,634 Shares Common Stock presently held by Post Advisory
Group, LLC
5,972,634 Shares Common Stock presently held by Principal
Financial Group, Inc.
Item 5. Ownership of Five Percent or Less of a Class:
N/A
Item 6. Ownership of More than Five Percent on Behalf of Another Person
N/A
Item 7. See Exhibit attached
N/A
CUSIP No. 44044K309 Page 6
Item 8. Identification and Classification of Members of the Group
N/A
Item 9. Notice of Dissolution of Group
N/A
Item 10(a). Certification
By signing below I certify, to the best of my knowledge and belief, the
securities referred to above were acquired and are held in the ordinary
course of business and were not acquired and are not held for the purpose
of or with the effect of changing or influencing the control of the issuer
of the securities and were not acquired and are not held in connection
with
or as a participant in any transaction having that purpose or effect.
Signature
After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.
Post Advisory Group, LLC
By /s/ Darcyne D. Choe
Darcyne D. Choe, Interim Chief Compliance Officer
Principal Financial Group, Inc.
By /s/ Joyce N. Hoffman
Joyce N. Hoffman, Senior Vice President and Corporate Secretary
Dated February 7, 2013
EXHIBIT 99.1
Post Advisory Group, LLC
Item 3 Classification:
(e) Investment Adviser in accordance with Section 240.13d-1(b)(1)(ii)(E)
Principal Financial Group, Inc.
Item 3 Classification:
(g) A parent holding company or control person in accordance with
section 240.13d-1(b)(1)(ii)(G)