0001193125-13-059291.txt : 20130214 0001193125-13-059291.hdr.sgml : 20130214 20130214135227 ACCESSION NUMBER: 0001193125-13-059291 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20130214 DATE AS OF CHANGE: 20130214 GROUP MEMBERS: PROSPECT HARBOR CREDIT PARTNERS, L.P. GROUP MEMBERS: SANKATY ADVISORS, LLC GROUP MEMBERS: SANKATY CREDIT OPPORTUNITIES (OFFSHORE) IV, L.P. GROUP MEMBERS: SANKATY CREDIT OPPORTUNITIES IV, L.P. GROUP MEMBERS: SANKATY HIGH INCOME PARTNERSHIP, L.P. GROUP MEMBERS: SANKATY MANAGED ACCOUNT (PSERS), L.P. GROUP MEMBERS: SANKATY MANAGED ACCOUNT (UCAL), L.P. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: TRONOX INC CENTRAL INDEX KEY: 0001328910 STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL INORGANIC CHEMICALS [2810] IRS NUMBER: 202868245 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-81175 FILM NUMBER: 13610798 BUSINESS ADDRESS: STREET 1: 3301 NW 150TH STREET CITY: OKLAHOMA CITY STATE: OK ZIP: 73134 BUSINESS PHONE: 405-775-5000 MAIL ADDRESS: STREET 1: 3301 NW 150TH STREET CITY: OKLAHOMA CITY STATE: OK ZIP: 73134 FORMER COMPANY: FORMER CONFORMED NAME: New-Co Chemical, Inc. DATE OF NAME CHANGE: 20050601 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SANKATY CREDIT OPPORTUNITIES III LP CENTRAL INDEX KEY: 0001392210 IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: JOHN HANCOCK TOWER STREET 2: 200 CLARENDON STREET CITY: BOSTON STATE: MA ZIP: 02116 BUSINESS PHONE: 6175162854 MAIL ADDRESS: STREET 1: JOHN HANCOCK TOWER STREET 2: 200 CLARENDON STREET CITY: BOSTON STATE: MA ZIP: 02116 SC 13G/A 1 d483012dsc13ga.htm SCHEDULE 13G/A Schedule 13G/A

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

(Rule 13d-102)

Information Statement Pursuant to Rules 13d-1 and 13d-2

Under the Securities Exchange Act of 1934

(Amendment No. 1)*

 

 

Tronox Incorporated

(Name of Issuer)

 

 

Class A Ordinary Shares

(Title of Class of Securities)

897051108

(CUSIP Number)

December 31, 2012

(Date of Event Which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this schedule is filed:

¨ Rule 13d-1(b)

x 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. 897051108   13G   Page 2 of 15 Pages

 

  1.   

NAME OF REPORTING PERSON

S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

Sankaty Credit Opportunities III, L.P.

EIN No.: 20-5805141

  2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  x        (b)  ¨

 

  3.  

SEC USE ONLY

 

  4.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

    Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

   5.    

SOLE VOTING POWER

 

    1,095,530 Shares

   6.   

SHARED VOTING POWER

 

    0

   7.   

SOLE DISPOSITIVE POWER

 

    1,095,530 Shares

   8.   

SHARED DISPOSITIVE POWER

 

    0

  9.

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    1,095,530 Shares

10.

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

11.

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

    7.26%

12.

 

TYPE OF REPORTING PERSON

 

    PN


CUSIP No. 897051108   13G   Page 3 of 15 Pages

 

  1.   

NAME OF REPORTING PERSON

S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

Sankaty Credit Opportunities IV, L.P.

EIN No.: 26-1884645

  2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  x        (b)  ¨

 

  3.  

SEC USE ONLY

 

  4.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

    Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

   5.    

SOLE VOTING POWER

 

    658,565 Shares

   6.   

SHARED VOTING POWER

 

    0

   7.   

SOLE DISPOSITIVE POWER

 

    658,565 Shares

   8.   

SHARED DISPOSITIVE POWER

 

    0

  9.

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    658,565 Shares

10.

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES    ¨

 

11.

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

    4.36%

12.

 

TYPE OF REPORTING PERSON

 

    PN


CUSIP No. 897051108   13G   Page 4 of 15 Pages

 

  1.   

NAME OF REPORTING PERSON

S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

Sankaty Credit Opportunities (Offshore) IV, L.P.

EIN No.: 98-0574089

  2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  x        (b)  ¨

 

  3.  

SEC USE ONLY

 

  4.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

    Cayman Islands

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

   5.    

SOLE VOTING POWER

 

    848,470 Shares

   6.   

SHARED VOTING POWER

 

    0

   7.   

SOLE DISPOSITIVE POWER

 

    848,470 Shares

   8.   

SHARED DISPOSITIVE POWER

 

    0

  9.

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    848,470 Shares

10.

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES    ¨

 

11.

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

    5.62%

12.

 

TYPE OF REPORTING PERSON

 

    PN


CUSIP No. 897051108   13G   Page 5 of 15 Pages

 

  1.   

NAME OF REPORTING PERSON

S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

Sankaty Managed Account (PSERS), L.P.

EIN No.: 26-4768343

  2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  x        (b)  ¨

 

  3.  

SEC USE ONLY

 

  4.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

    Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

   5.    

SOLE VOTING POWER

 

    96,795 Shares

   6.   

SHARED VOTING POWER

 

    0

   7.   

SOLE DISPOSITIVE POWER

 

    96,795 Shares

   8.   

SHARED DISPOSITIVE POWER

 

    0

  9.

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    96,795 Shares

10.

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES    ¨

 

11.

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

     0.64%

12.

 

TYPE OF REPORTING PERSON

 

    PN


CUSIP No. 897051108   13G   Page 6 of 15 Pages

 

  1.   

NAME OF REPORTING PERSON

S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

Sankaty Advisors, LLC*

EIN No.: 04-3505100

  2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  x        (b)  ¨

 

  3.  

SEC USE ONLY

 

  4.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

    Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

   5.    

SOLE VOTING POWER

 

    219,135 Shares

   6.   

SHARED VOTING POWER

 

    0

   7.   

SOLE DISPOSITIVE POWER

 

    219,135 Shares

   8.   

SHARED DISPOSITIVE POWER

 

    0

  9.

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    219,135 Shares

10.

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES    ¨

 

11.

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

    1.45%

12.

 

TYPE OF REPORTING PERSON

 

    PN

 

* Sankaty Advisors, LLC has entered into an Investment Management Agreement with a managed account client pursuant to which it has authority to acquire, dispose of, and vote securities on behalf of such client. Sankaty Advisors, LLC disclaims beneficial ownership of the shares beneficially owned by such client.


CUSIP No. 897051108   13G   Page 7 of 15 Pages

 

  1.   

NAME OF REPORTING PERSON

S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

Prospect Harbor Credit Partners, L.P.

EIN No.: 20-0606486

  2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  x        (b)  ¨

 

  3.  

SEC USE ONLY

 

  4.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

    Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

   5.    

SOLE VOTING POWER

 

    301,555 Shares

   6.   

SHARED VOTING POWER

 

    0

   7.   

SOLE DISPOSITIVE POWER

 

    301,555 Shares

   8.   

SHARED DISPOSITIVE POWER

 

    0

  9.

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    301,555 Shares

10.

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES    ¨

 

11.

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

    1.99%

12.

 

TYPE OF REPORTING PERSON

 

    PN


CUSIP No. 897051108   13G   Page 8 of 15 Pages

 

  1.   

NAME OF REPORTING PERSON

S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

Sankaty High Income Partnership, L.P.

EIN No.: 27-5104732

  2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  x        (b)  ¨

 

  3.  

SEC USE ONLY

 

  4.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

    Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

   5.    

SOLE VOTING POWER

 

    222,425 Shares

   6.   

SHARED VOTING POWER

 

    0

   7.   

SOLE DISPOSITIVE POWER

 

    222,425 Shares

   8.   

SHARED DISPOSITIVE POWER

 

    0

  9.

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    222,425 Shares

10.

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES    ¨

 

11.

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

    1.47%

12.

 

TYPE OF REPORTING PERSON

 

    PN


CUSIP No. 897051108   13G   Page 9 of 15 Pages

 

  1.   

NAME OF REPORTING PERSON

S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

Sankaty Managed Account (UCAL), L.P.

EIN No.: 27-3107535

  2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  x        (b)  ¨

 

  3.  

SEC USE ONLY

 

  4.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

    Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

   5.    

SOLE VOTING POWER

 

    0 Shares

   6.   

SHARED VOTING POWER

 

    0

   7.   

SOLE DISPOSITIVE POWER

 

    0 Shares

   8.   

SHARED DISPOSITIVE POWER

 

    0

  9.

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    0 Shares

10.

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES    ¨

 

11.

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

    0.00%

12.

 

TYPE OF REPORTING PERSON

 

    PN


Item 1  

(a).

   Name of Issuer      
    

The name of the issuer to which this filing on Schedule 13G relates is Tronox Incorporated. (the “Company”).

     
Item 1  

(b).

   Address of Issuer’s Principal Executive Offices      
    

The principal executive offices of the Company are located at 3301 N.W. 150th Street, Oklahoma City, Oklahoma, 73134.

     
Item 2  

(a).

   Name of Person Filing      
    

This statement is being filed on behalf of Sankaty Credit Opportunities III, L.P., a Delaware limited partnership (“COPS III”), Sankaty Credit Opportunities IV, L.P., a Delaware limited partnership (“COPS IV”), Sankaty Credit Opportunities (Offshore) IV, L.P., a Cayman Island exempted limited partnership (“COPS IV Offshore”), Sankaty Managed Account (PSERS), L.P., a Delaware limited partnership (“PSERS”), Sankaty Advisors, LLC, a Delaware limited liability company (“Sankaty Advisors”) in its capacity as the investment manager for a managed account client over which it has discretionary authority to acquire, dispose of, and vote securities, Prospect Harbor Credit Partners, L.P., a Delaware limited partnership (“PRO”), Sankaty High Income Partnership, L.P., a Delaware limited partnership (“SHIP”), and Sankaty Manager Account (UCAL), L.P., a Delaware limited partnership (“UCAL”).

     
    

Sankaty Credit Opportunities Investors III, LLC (“COPS III Investors”), a Delaware limited liability company, is the general partner of COPS III. Sankaty Credit Member, LLC, a Delaware limited liability company (“SCM”), is the managing member of COPS III investors. Sankaty Credit Opportunities Investors IV, LLC (“COPS IV Investors”), a Delaware limited liability company, is the general partner of COPS IV. SCM is the managing member of COPS IV Investors. Sankaty Credit Opportunities Investors (Offshore) IV, L.P., a Cayman Islands Exempted Limited Partnership (“SCM Offshore Investors), is the general partner of COPS IV Offshore. Sankaty Credit Member II, Ltd., a Cayman Islands Exempted Limited Partnership (“SCM II Ltd.), is the general partner of COPS IV Offshore Investors. Sankaty Managed Account Investors, LLC, a Delaware Limited Liability Company “SMAI” is the general partner of PSERS. SCM is the managing member of SMAI. Prospect Harbor Investors, LLC, a Delaware limited liability company (“PRO Investors”) is the general partner of PRO. SCM is the sole member of PRO Investors. Sankaty High Income Investors, L.P., a Delaware limited partnership (“SHII”) is the general partner of SHIP. SCM is the general partner of SHII. Sankaty Managed Account Investors (UCAL), LLC, a Delaware limited liability company (“UCAL Investors”) is the general partner of UCAL. SCM is the sole member of UCAL Investors. Mr. Jonathan Lavine is the managing member of each and SCM and SCM II Ltd. Sankaty Advisors has entered into an Investment Management Agreement with a managed account client pursuant to which it has authority to acquire, dispose of, and vote securities on behalf of such client. Sankaty Advisors disclaims beneficial ownership of the shares beneficially owned by such client.

     
    

The Reporting Persons have entered into a Joint Filing Agreement, dated February 14, 2013, a copy of which is filed with this Schedule 13G as Exhibit A, pursuant to which the Reporting Persons have agreed to file this statement jointly in accordance with the provisions of Rule 13d-1(k)(1) under the Securities Exchange Act of 1934.

     
Item 2  

(b).

   Address of Principal Business Office or, if none, Residence      
    

The principal business address of COPS III, COPS IV and COPS IV Offshore, PSERS, Sankaty Advisors, PRO, SHIP, and UCAL is John Hancock Tower, 200 Clarendon Street, Boston, MA 02116.

     
Item 2  

(c).

   Citizenship      
    

COPS III, COPS IV, PSERS, Sankaty Advisors, PRO, SHIP, and UCAL are organized under the laws of the State of Delaware. COPS IV Offshore is organized under the laws of the Cayman Islands. Mr. Jonathan S. Lavine is a citizen of the United States of America.

     
Item 2  

(d).

   Title of Class of Securities      
    

The class of equity securities of the Company to which this filing on Schedule 13G relates is Class A Ordinary Shares.

     
Item 2  

(e).

   CUSIP Number      
    

The CUSIP number of the Company’s Common Stock is 897051108.

     
Item 3.   If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: Not applicable.   
  (a)    ¨    Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).
  (b)    ¨    Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 73c).
  (c)    ¨    Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
  (d)    ¨    Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
  (e)    ¨    An investment adviser in accordance with §13d-1(b)(1)(ii)(E).
  (f)    ¨    An employee benefit plan or endowment fund in accordance with §240.13d 1(b)(1)(ii)(F).
  (g)    ¨    A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G).
  (h)    ¨    A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813).
  (i)    ¨    A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3).
  (j)    ¨    Group, in accordance with §240.13d-1(b)(1)(ii)(J).
     x    If this statement is filed pursuant to §240.13d-1(c), check this box.


Item 4.    Ownership      
Item 4    (a).    Amount beneficially owned      
     

As of the close of business on December 31, 2012, COPS III owned 1,095,530 Class A Ordinary Shares of the Company, COPS IV owned 658,565 Class A Ordinary Shares of the Company, COPS IV Offshore owned 347,470 Class A Ordinary Shares of the Company, PSERS owned 99,795 Class A Ordinary Shares of the Company, Sankaty Advisors had discretionary authority to acquire, dispose of and vote 219,135 Class A Ordinary Shares of the Company, PRO owned 301,555 Class A Ordinary Shares of the Company, SHIP owned 222,425 Class A Ordinary Shares of the Company, and UCAL owned 0 Class A Ordinary Shares of the Company.

     
     

No person other than the respective owner referred to herein of the shares of Common Stock of the Company is known to have the right to receive or the power to direct the receipt of dividends from or the proceeds from the sale of such shares of Class A Ordinary Shares of the Company.

     
Item 4    (b).    Percent of Class      
     

As of the close of business on December 31, 2012, COPS III owned 7.26% of the Class A Ordinary Shares of the Company, COPS IV owned 4.36% of the Class A Ordinary Shares of the Company, COPS IV Offshore owned 5.62% of the Class A Ordinary Shares of the Company, PSERs owned 0.64% of the Class A Ordinary Shares of the Company, Sankaty Advisors had discretionary authority to acquire, dispose of and vote 1.45% of the Class A Ordinary Shares of the Company, PRO owned 1.99% of the Class A Ordinary Shares of the Company, SHIP owned 1.47% of the Class A Ordinary Shares of the Company, and UCAL owned 0.00% of the Class A Ordinary Shares of the Company.

     
     

The aggregate percentage of Class A Ordinary Shares reported owned by COPS III, COPS IV, COPS IV Offshore, PSERS, Sankaty Advisors, PRO, SHIP, and UCAL is based upon 15,093,378 Class A Ordinary Shares, which is the total number of Class A Ordinary Shares issued by the Company as of April 30, 2012, based on representations made in the Company’s Form S-4, filed with the Securities and Exchange Commission on May 25, 2012.

     
Item 4    (c).    Number of shares as to which such person has:      
      (i)    sole power to vote or to direct the vote:      
         COPS III    1,095,530         
         COPS IV    658,565         
         COPS IV OFF    848,470         
         PSERS    99,795         
         Sankaty Advisors    219,135         
         PRO    301,555         
         SHIP    222,425         
         UCAL    0         
      (ii)    shared power to vote or to direct the vote:      
         0      
      (iii)    sole power to dispose or to direct the disposition of:      
         COPS III    1,095,630         
         COPS IV    658,565         
         COPS IV OFF    848,470         
         PSERS    99,795         
         Sankaty Advisors    219,135         
         PRO    301,555         
         SHIP    222,425         
         UCAL    0         
      (iv)    shared power to dispose or to direct the disposition of:      
         0      

Item 5.

   Ownership of Five Percent or Less of a Class      
  

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following.

     

Item 6.

   Ownership of More than Five Percent on Behalf of Another Person      
   Not Applicable.      

Item 7.

   Identification and Classification of the Subsidiary which Acquired the Security Being Reported on by the Parent Holding Company:      
   Not Applicable.      

Item 8.

   Identification and Classification of Members of the Group      
   Not Applicable.      

Item 9.

   Notice of Dissolution of Group      
   Not Applicable.      


Item 10.

   Certification      
  

By signing below, the undersigned certifies that, to the best of its knowledge and belief, the securities referred to above 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.

     

Dated: February 14, 2013

 

SANKATY CREDIT OPPORTUNITIES III, L.P.
By: Sankaty Credit Opportunities Investors III, LLC, its general partner
By: Sankaty Credit Member, LLC, its managing member
By:  

  /s/ Jonathan S. Lavine

  Name:   Jonathan S. Lavine
  Title:   Managing Member
SANKATY CREDIT OPPORTUNITIES IV, L.P.
By: Sankaty Credit Opportunities Investors IV, LLC, its general partner
By: Sankaty Credit Member, LLC, its managing member
By:  

  /s/ Jonathan S. Lavine

  Name:   Jonathan S. Lavine
  Title:   Managing Member
SANKATY CREDIT OPPORTUNITIES (OFFSHORE) IV, L.P.
By: Sankaty Credit Opportunities Investors (Offshore) IV, L.P., its general partner.
By: Sankaty Credit Member (II), Ltd., its general partner
By:  

  /s/ Jonathan S. Lavine

  Name:   Jonathan S. Lavine
  Title:   Managing Member
SANKATY MANAGED ACCOUNT (PSERS), L.P.
By: Sankaty Managed Account Investors, LLC, its general partner
By: Sankaty Credit Member, LLC, its managing member
By:  

  /s/ Jonathan S. Lavine

  Name:   Jonathan S. Lavine
  Title:   Managing Member


SANKATY ADVISORS, LLC
as power-of-attorney for a managed account client
By:  

  /s/ Jonathan S. Lavine

  Name:   Jonathan S. Lavine
  Title:   Managing Member
PROSPECT HARBOR CREDIT PARTNERS, L.P.
By: Prospect Harbor investors, LLC, its general partner
By: Sankaty Credit Member, LLC, its managing member
By:  

  /s/ Jonathan S. Lavine

  Name:   Jonathan S. Lavine
  Title:   Managing Member
SANKATY HIGH INCOME PARTNERSHIP, L.P.
By: Sankaty High Income Investors, L.P., its general partner
By: Sankaty Credit Member, its general partner
By:  

  /s/ Jonathan S. Lavine

  Name:   Jonathan S. Lavine
  Title:   Managing Member
SANKATY MANAGED ACCOUNT (UCAL), L.P.
By: Sankaty Managed Account Investors (UCAL), LLC, its general partner
By: Sankaty Credit Member, LLC, its managing member
By:  

  /s/ Jonathan S. Lavine

  Name:   Jonathan S. Lavine
  Title:   Managing Member


Exhibit A

AGREEMENT REGARDING THE JOINT FILING OF SCHEDULE 13G

The undersigned hereby agree as follows:

 

  (1) Each of them is individually eligible to use the Schedule 13G to which this Exhibit is attached, and such Schedule 13G/A is filed on behalf of each of them; and

 

  (2) Each of them is responsible for the timely filing of such Schedule 13G and any amendments thereto, and for the completeness and accuracy of such information concerning such person contained therein; but none of them is responsible for the completeness or accuracy of the information concerning the other persons making this filing, unless such person knows or has reason to believe that such information is inaccurate.

Dated: February 14, 2013

 

SANKATY CREDIT OPPORTUNITIES III, L.P.
By: Sankaty Credit Opportunities Investors III, LLC, its general partner
By: Sankaty Credit Member, LLC, its managing member
By:  

  /s/ Jonathan S. Lavine

  Name:   Jonathan S. Lavine
  Title:   Managing Member
SANKATY CREDIT OPPORTUNITIES IV, L.P.
By: Sankaty Credit Opportunities Investors IV, LLC, its general partner
By: Sankaty Credit Member, LLC, its managing member
By:  

  /s/ Jonathan S. Lavine

  Name:   Jonathan S. Lavine
  Title:   Managing Member
SANKATY CREDIT OPPORTUNITIES (OFFSHORE) IV, L.P.
By: Sankaty Credit Opportunities Investors (Offshore) IV, L.P., its general partner.
By: Sankaty Credit Member (II), Ltd., its general partner
By:  

  /s/ Jonathan S. Lavine

  Name:   Jonathan S. Lavine
  Title:   Managing Member


SANKATY MANAGED ACCOUNT (PSERS), L.P.
By: Sankaty Managed Account Investors, LLC, its general partner
By: Sankaty Credit Member, LLC, its managing member
By:  

  /s/ Jonathan S. Lavine

  Name:   Jonathan S. Lavine
  Title:   Managing Member

SANKATY ADVISORS, LLC

as power-of-attorney for a managed account client

By:  

  /s/ Jonathan S. Lavine

  Name:   Jonathan S. Lavine
  Title:   Managing Member
PROSPECT HARBOR CREDIT PARTNERS, L.P.
By: Prospect Harbor investors, LLC, its general partner
By: Sankaty Credit Member, LLC, its managing member
By:  

  /s/ Jonathan S. Lavine

  Name:   Jonathan S. Lavine
  Title:   Managing Member
SANKATY HIGH INCOME PARTNERSHIP, L.P.
By: Sankaty High Income Investors, L.P., its general partner
By: Sankaty Credit Member, LLC, its general partner
By:  

  /s/ Jonathan S. Lavine

  Name:   Jonathan S. Lavine
  Title:   Managing Member
SANKATY MANAGED ACCOUNT (UCAL), L.P.
By: Sankaty Managed Account Investors (UCAL), LLC, its general partner
By: Sankaty Credit Member, LLC, its managing member
By:  

  /s/ Jonathan S. Lavine

  Name:   Jonathan S. Lavine
  Title:   Managing Member