0000902664-16-008995.txt : 20161205 0000902664-16-008995.hdr.sgml : 20161205 20161205182159 ACCESSION NUMBER: 0000902664-16-008995 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20161116 FILED AS OF DATE: 20161205 DATE AS OF CHANGE: 20161205 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: Centerbridge Special Credit Partners General Partner II, L.P. CENTRAL INDEX KEY: 0001592567 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33393 FILM NUMBER: 162034812 BUSINESS ADDRESS: STREET 1: 375 PARK AVENUE, 12TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10152 BUSINESS PHONE: (212) 672-5000 MAIL ADDRESS: STREET 1: 375 PARK AVENUE, 12TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10152 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: CSCP II Cayman GP Ltd. CENTRAL INDEX KEY: 0001614658 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33393 FILM NUMBER: 162034813 BUSINESS ADDRESS: STREET 1: 375 PARK AVE, 12TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10152 BUSINESS PHONE: 212-672-5000 MAIL ADDRESS: STREET 1: 375 PARK AVE, 12TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10152 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Centerbridge Special Credit Partners General Partner II (Cayman), L.P. CENTRAL INDEX KEY: 0001614618 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33393 FILM NUMBER: 162034814 BUSINESS ADDRESS: STREET 1: 375 PARK AVE, 12TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10152 BUSINESS PHONE: 212-672-5000 MAIL ADDRESS: STREET 1: 375 PARK AVE, 12TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10152 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Centerbridge Special Credit Partners II AIV IV (Cayman), L.P. CENTRAL INDEX KEY: 0001614623 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33393 FILM NUMBER: 162034815 BUSINESS ADDRESS: STREET 1: 375 PARK AVE, 12TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10152 BUSINESS PHONE: 212-672-5000 MAIL ADDRESS: STREET 1: 375 PARK AVE, 12TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10152 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: CCP II Cayman GP Ltd. CENTRAL INDEX KEY: 0001614610 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33393 FILM NUMBER: 162034816 BUSINESS ADDRESS: STREET 1: 375 PARK AVE, 12TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10152 BUSINESS PHONE: 212-672-5000 MAIL ADDRESS: STREET 1: 375 PARK AVE, 12TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10152 4 1 p16-2247form4.xml GENCO SHIPPING & TRADING LIMITED X0306 4 2016-11-16 0 0001326200 GENCO SHIPPING & TRADING LTD GNKSF 0001614610 CCP II Cayman GP Ltd. 375 PARK AVE, 12TH FLOOR NEW YORK NY 10152 0 0 1 0 0001614623 Centerbridge Special Credit Partners II AIV IV (Cayman), L.P. 375 PARK AVE, 12TH FLOOR NEW YORK NY 10152 0 0 1 0 0001614618 Centerbridge Special Credit Partners General Partner II (Cayman), L.P. 375 PARK AVE, 12TH FLOOR NEW YORK NY 10152 0 0 1 0 0001614658 CSCP II Cayman GP Ltd. 375 PARK AVE, 12TH FLOOR NEW YORK NY 10152 0 0 1 0 0001592567 Centerbridge Special Credit Partners General Partner II, L.P. 375 PARK AVENUE, 12TH FLOOR NEW YORK NY 10152 0 0 1 0 Series A Convertible Pfd Stock ("Series A Preferred Stock") 4.85 2016-11-16 4 P 0 57350 A Common Stock, par value $0.01 per share ("Common Stock") 57350 932647 I See footnotes Series A Preferred Stock 4.85 2016-11-16 4 P 0 11650 A Common Stock 11650 189258 I See footnotes Series A Preferred Stock 4.85 2016-11-16 4 P 0 127800 A Common Stock 127800 2078493 I See footnotes Series A Preferred Stock 4.85 2016-11-16 4 P 0 70400 A Common Stock 70400 1144768 I See footnotes Series A Preferred Stock 4.85 2016-11-16 4 P 0 231100 A Common Stock 231100 3758248 I See footnotes Series A Preferred Stock 4.85 2016-11-16 4 P 0 1700 A Common Stock 1700 27514 I See footnotes The shares of Series A Preferred Stock shall automatically, without any action by the holder of the Series A Preferred Stock, convert into Common Stock as of the close of business on the date on which Genco Shipping & Trading Limited, a Marshall Islands corporation ("Genco") obtains the approval of its stockholders of the proposals to issue Common Stock upon conversion of the Series A Preferred Stock for purposes of Rule 312 of the NYSE Listed Company Manual. The shares of Series A Preferred were issued to the Centerbridge funds in consideration for their agreement to provide a backstop commitment to the Company. These shares of Series A Preferred Stock are held by Centerbridge Special Credit Partners II AIV IV (Cayman), L.P. ("Special Credit Partners II AIV"). These shares of Series A Preferred Stock are held by Centerbridge Special Credit Partners II, L.P. ("Special Credit Partners II"). These shares of Series A Preferred Stock are held by Centerbridge Credit Partners Master, L.P. ("Credit Partners Master"). These shares of Series A Preferred Stock are held by Centerbridge Credit Partners, L.P. ("Credit Partners"). These shares of Series A Preferred Stock are held by Centerbridge Capital Partners II (Cayman) L.P. ("Capital Partners II"). These shares of Common Stock are held by Centerbridge Capital Partners SBS II (Cayman) L.P. ("Capital Partners SBS II" and, together with Credit Partners, Credit Partners Master, Special Credit Partners II, Special Credit Partners II AIV and Capital Partners II, the "Centerbridge Funds"). Centerbridge Credit Partners General Partner, L.P. ("Onshore GP") is the general partner of Credit Partners, and, as such, it may be deemed to beneficially own the securities held by Credit Partners. Centerbridge Credit Partners Offshore General Partner, L.P. ("Offshore GP") is the general partner of Credit Partners Master, and, as such, it may be deemed to beneficially own the securities held by Credit Partners Master. Centerbridge Credit Cayman GP Ltd. ("Credit GP ") is the general partner of each of Onshore GP and Offshore GP, and, as such, it may be deemed to beneficially own the securities held by Credit Partners and Credit Partners Master. Centerbridge Special Credit Partners General Partner II (Cayman), L.P. ("CSCPGP II Cayman") is the general partner of Special Credit Partners II AIV, and, as such, it may be deemed to beneficially own the securities held by Special Credit Partners II AIV. Centerbridge Special Credit Partners General Partner II, L.P., ("CSCPGP II") is the general partner of Special Credit Partners II and, as such, it may be deemed to beneficially own the securities held by Special Credit Partners II. CSCP II Cayman GP Ltd. ("CSCP II Cayman Ltd.") is the general partner of each of CSCPGP II Cayman, and CSCGP II, and, as such, it may be deemed to beneficially own the securities held by Special Credit Partners II AIV and Special Credit Partners II. Centerbridge Associates II (Cayman), L.P. ("CA II Cayman") is the general partner of Capital Partners II, and as such, it may be deemed to beneficially own the securities held by Capital Partners II. CCP II Cayman GP Ltd. ("CCP II Cayman Ltd.") is the general partner of each of CA II Cayman and Capital Partners SBS II, and as such, it may be deemed to beneficially own the securities held by Capital Partners II and Capital Partners SBS II. Mark T. Gallogly and Jeffrey H. Aronson, indirectly, through various intermediate entities control each of the Centerbridge Funds, and, as such, Mark T. Gallogly and Jeffrey H. Aronson may be deemed to beneficially own the securities held by the Centerbridge Funds. For purposes of this filing, "Reporting Persons" means, as applicable, Special Credit Partners II AIV, Special Credit Partners II, Credit Partners Master, Credit Partners, Capital Partners II, Capital Partners SBS II, Onshore GP, Offshore GP, Credit GP, CSCPGP II Cayman, CSCPGP II, CSCP II Cayman Ltd., CA II Cayman, CCP II Cayman Ltd., Mr. Aronson and Mr. Gallogly. The filing of this statement by the Reporting Persons shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, such Reporting Persons are the beneficial owners of the securities reported herein and each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein for purposes of Section 16 of the Securities Act, except to the extent of such Reporting Person's pecuniary interest therein. To enable all of the Reporting Persons to gain access to the Securities and Exchange Commission's electronic filing system (which only accepts a maximum of 10 joint filers per report), this report is the second of two identical reports relating to the same transaction being filed with the Securities and Exchange Commission. Centerbridge Credit Partners, L.P., By: Centerbridge Credit Partners General Partner, L.P., its general partner, By: Centerbridge Credit Cayman GP Ltd., its general partner, By: /s/ Jeffrey H. Aronson, Authorized Signatory 2016-12-05 EX-99 2 p16-2247_jtfilerinfo.htm JOINT FILER INFORMATION

Joint Filer Information

 

Name: Centerbridge Credit Partners General Partner, L.P.

Address: 375 Park Avenue, 12th Floor, New York, New York 10152

Designated Filer: Centerbridge Credit Partners, L.P.

Issuer & Ticker Symbol: Genco Shipping & Trading Limited (GNKSF)

Date of Event Requiring Statement: November 16, 2016

Signature:

CENTERBRIDGE CREDIT PARTNERS GENERAL PARTNER, L.P.

By: Centerbridge Credit Cayman GP Ltd., its general partner

By: /s/ Jeffrey H. Aronson

Name: Jeffrey H. Aronson

Title: Authorized Signatory

Name: Centerbridge Credit Partners Master, L.P.

Address: 375 Park Avenue, 12th Floor, New York, New York 10152

Designated Filer: Centerbridge Credit Partners, L.P.

Issuer & Ticker Symbol: Genco Shipping & Trading Limited (GNKSF)

Date of Event Requiring Statement: November 16, 2016

Signature:

CENTERBRIDGE CREDIT PARTNERS MASTER, L.P.

By: Centerbridge Credit Partners Offshore General Partner, L.P., its general partner

By: Centerbridge Credit Cayman GP Ltd., its general partner

By: /s/ Jeffrey H. Aronson

Name: Jeffrey H. Aronson

Title: Authorized Signatory

 
 

Name: Centerbridge Credit Cayman GP Ltd.

Address: 375 Park Avenue, 12th Floor, New York, New York 10152

Designated Filer: Centerbridge Credit Partners, L.P.

Issuer & Ticker Symbol: Genco Shipping & Trading Limited (GNKSF)

Date of Event Requiring Statement: November 16, 2016

Signature:

CENTERBRIDGE CREDIT CAYMAN GP LTD.

By: /s/ Jeffrey H. Aronson

Name: Jeffrey H. Aronson

Title: Authorized Signatory

 

Name: Centerbridge Credit Partners Offshore General Partner, L.P.

Address: 375 Park Avenue, 12th Floor, New York, New York 10152

Designated Filer: Centerbridge Credit Partners, L.P.

Issuer & Ticker Symbol: Genco Shipping & Trading Limited (GNKSF)

Date of Event Requiring Statement: November 16, 2016

Signature:

CENTERBRIDGE CREDIT PARTNERS OFFSHORE GENERAL PARTNER, L.P.

By: Centerbridge Credit Cayman GP Ltd., its general partner

By: /s/ Jeffrey H. Aronson

Name: Jeffrey H. Aronson

Title: Authorized Signatory

 
 

 Name: Centerbridge Capital Partners II (Cayman), L.P.

Address: 375 Park Avenue, 12th Floor, New York, New York 10152

Designated Filer: Centerbridge Credit Partners, L.P.

Issuer & Ticker Symbol: Genco Shipping & Trading Limited (GNKSF)

Date of Event Requiring Statement: November 16, 2016

Signature:

CENTERBRIDGE CAPITAL PARTNERS II (CAYMAN), L.P.

By: Centerbridge Associates II (Cayman), L.P.,

its general partner

By: CCP II Cayman GP Ltd., its

general partner

By: Centerbridge GP Investors II, LLC, its

director

By: /s/ Jeffrey H. Aronson

Name: Jeffrey H. Aronson

Title: Authorized Signatory

Name: Centerbridge Capital Partners SBS II (Cayman), L.P.

Address: 375 Park Avenue, 12th Floor, New York, New York 10152

Designated Filer: Centerbridge Credit Partners, L.P.

Issuer & Ticker Symbol: Genco Shipping & Trading Limited (GNKSF)

Date of Event Requiring Statement: November 16, 2016

Signature:

CENTERBRIDGE CAPITAL PARTNERS SBS II (CAYMAN), L.P.

By: CCP II Cayman GP Ltd., its

general partner

By: Centerbridge GP Investors II, LLC, its

director

By: /s/ Jeffrey H. Aronson

Name: Jeffrey H. Aronson

Title: Authorized Signatory

 
 

 Name: Centerbridge Associates II (Cayman), L.P.

Address: 375 Park Avenue, 12th Floor, New York, New York 10152

Designated Filer: Centerbridge Credit Partners, L.P.

Issuer & Ticker Symbol: Genco Shipping & Trading Limited (GNKSF)

Date of Event Requiring Statement: November 16, 2016

Signature:

CENTERBRIDGE ASSOCIATES II (CAYMAN), L.P.

By: CCP II Cayman GP Ltd., its

general partner

By: Centerbridge GP Investors II, LLC, its

director

By: /s/ Jeffrey H. Aronson

Name: Jeffrey H. Aronson

Title: Authorized Signatory

Name: CCP II Cayman GP Ltd.

Address: 375 Park Avenue, 12th Floor, New York, New York 10152

Designated Filer: Centerbridge Credit Partners, L.P.

Issuer & Ticker Symbol: Genco Shipping & Trading Limited (GNKSF)

Date of Event Requiring Statement: November 16, 2016

Signature:

CCP II CAYMAN GP LTD.

By: Centerbridge GP Investors II, LLC, its

director

By: /s/ Jeffrey H. Aronson

Name: Jeffrey H. Aronson

Title: Authorized Signatory

 
 

 Name: Centerbridge Special Credit Partners General Partner II AIV IV (Cayman), L.P.

Address: 375 Park Avenue, 12th Floor, New York, New York 10152

Designated Filer: Centerbridge Credit Partners, L.P.

Issuer & Ticker Symbol: Genco Shipping & Trading Limited (GNKSF)

Date of Event Requiring Statement: November 16, 2016

Signature:

CENTERBRIDGE SPECIAL CREDIT PARTNERS II AIV IV (CAYMAN), L.P.

By: Centerbridge Special Credit Partners General

Partner II (Cayman), L.P., its general partner

By: CSCP II Cayman GP Ltd., its general partner

By: Centerbridge Special GP Investors II, L.L.C., its

director

By: /s/ Jeffrey H. Aronson

Name: Jeffrey H. Aronson

Title: Authorized Signatory

Name: Centerbridge Special Credit Partners General Partner II (Cayman), L.P.

Address: 375 Park Avenue, 12th Floor, New York, New York 10152

Designated Filer: Centerbridge Credit Partners, L.P.

Issuer & Ticker Symbol: Genco Shipping & Trading Limited (GNKSF)

Date of Event Requiring Statement: November 16, 2016

Signature:

CENTERBRIDGE SPECIAL CREDIT PARTNERS GENERAL PARTNER II (CAYMAN), L.P.

By: CSCP II Cayman GP Ltd., its

general partner

By: Centerbridge Special GP Investors II, L.L.C.,

its director

 

By: /s/ Jeffrey H. Aronson

Name: Jeffrey H. Aronson

Title: Authorized Signatory

 
 

 Name: CSCP II Cayman GP Ltd.

Address: 375 Park Avenue, 12th Floor, New York, New York 10152

Designated Filer: Centerbridge Credit Partners, L.P.

Issuer & Ticker Symbol: Genco Shipping & Trading Limited (GNKSF)

Date of Event Requiring Statement: November 16, 2016

Signature:

CSCP II CAYMAN GP LTD.

By: Centerbridge Special GP Investors II, L.L.C., its

director

By: /s/ Jeffrey H. Aronson

Name: Jeffrey H. Aronson

Title: Authorized Signatory

Name: Mark T. Gallogly

Address: 375 Park Avenue, 12th Floor, New York, New York 10152

Designated Filer: Centerbridge Credit Partners, L.P.

Issuer & Ticker Symbol: Genco Shipping & Trading Limited (GNKSF)

Date of Event Requiring Statement: November 16, 2016

Signature:

MARK T. GALLOGLY

/s/ Mark T. Gallogly

Name: Jeffrey H. Aronson

Address: 375 Park Avenue, 12th Floor, New York, New York 10152

Designated Filer: Centerbridge Credit Partners, L.P.

Issuer & Ticker Symbol: Genco Shipping & Trading Limited (GNKSF)

Date of Event Requiring Statement: November 16, 2016

Signature:

Jeffrey H. Aronson

/s/ Jeffrey H. Aronson

 
 

 Name: Centerbridge Special Credit Partners II, L.P.

Address: 375 Park Avenue, 12th Floor, New York, New York 10152

Designated Filer: Centerbridge Credit Partners, L.P.

Issuer & Ticker Symbol: Genco Shipping & Trading Limited (GNKSF)

Date of Event Requiring Statement: November 16, 2016

Signature:

CENTERBRIDGE SPECIAL CREDIT PARTNERS II, L.P.

By: Centerbridge Special Credit Partners II, L.P.,

its general partner

By: CSCP II Cayman GP Ltd., its

general partner

By: Centerbridge Special GP Investors II, LLC, its

director

By: /s/ Jeffrey H. Aronson

Name: Jeffrey H. Aronson

Title: Authorized Signatory

Name: Centerbridge Special Credit Partners General Partner II, L.P.

Address: 375 Park Avenue, 12th Floor, New York, New York 10152

Designated Filer: Centerbridge Credit Partners, L.P.

Issuer & Ticker Symbol: Genco Shipping & Trading Limited (GNKSF)

Date of Event Requiring Statement: November 16, 2016

Signature:

CENTERBRIDGE SPECIAL CREDIT PARTNERS GENERAL PARTNER II, L.P.

By: CSCP II Cayman GP Ltd., its

general partner

By: Centerbridge Special GP Investors II, LLC, its

director

By: /s/ Jeffrey H. Aronson

Name: Jeffrey H. Aronson

Title: Authorized Signatory