-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, BUzYlRgDrMOYRnkUtZEIO5TmMIGc7jAIjg7+ssoASUBg7dzUDjfs2VlQAx7hgbFz L2fB7sYUOsgtOaRRknLMuw== 0001047469-98-038795.txt : 19981102 0001047469-98-038795.hdr.sgml : 19981102 ACCESSION NUMBER: 0001047469-98-038795 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19981030 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: AUTOTOTE CORP CENTRAL INDEX KEY: 0000750004 STANDARD INDUSTRIAL CLASSIFICATION: CALCULATING & ACCOUNTING MACHINES (NO ELECTRONIC COMPUTERS) [3578] IRS NUMBER: 810422894 STATE OF INCORPORATION: DE FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: SEC FILE NUMBER: 005-36154 FILM NUMBER: 98734447 BUSINESS ADDRESS: STREET 1: 100 BELLEVUE CITY: NEWARK STATE: DE ZIP: 19714 BUSINESS PHONE: 3027374300 MAIL ADDRESS: STREET 1: 100 BELLEVUE ROAD CITY: NEWARK STATE: NJ ZIP: 19714 FORMER COMPANY: FORMER CONFORMED NAME: UNITED TOTE INC DATE OF NAME CHANGE: 19920317 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: OAKTREE CAPITAL MANAGEMENT LLC /ADV CENTRAL INDEX KEY: 0000943457 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 954521152 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 550 S HOPE STREET STREET 2: 22ND FLOOR CITY: LOS ANGELES STATE: CA ZIP: 90071 BUSINESS PHONE: 2136140900 MAIL ADDRESS: STREET 1: 550 SOUTH HOPE ST STREET 2: 22ND FL CITY: LOS ANGELES STATE: CA ZIP: 90071 FORMER COMPANY: FORMER CONFORMED NAME: OAKTREE CAPITAL MANAGEMENT LLC /ADV DATE OF NAME CHANGE: 19970210 SC 13G/A 1 SC 13G/A SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 3)* --- AUTOTOTE CORPORATION - -------------------------------------------------------------------------------- (Name of Issuer) CLASS A COMMON STOCK, $0.01 PAR VALUE - -------------------------------------------------------------------------------- (Title of Class of Securities) 053323 10 1 -------------- (CUSIP Number) September 10, 1998 - -------------------------------------------------------------------------------- (Date of Event which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: /X/ Rule 13-d1(b) / / Rule 13-d1(c) / / Rule 13-d1(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). Page 1 of 6 pages CUSIP NO. 053323 10 1 SCHEDULE 13G ----------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Oaktree Capital Management, LLC** - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)/ / (b)/X/ - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION California - -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES 6,681,200(1) ----------------------------------------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY -0- ----------------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING 6,681,200(1) PERSON WITH ----------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 6,681,200(1) - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* / / - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 17.7 % - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IA, CO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT (**)Oaktree Capital Management, LLC, a California limited liability company ("Oaktree"), is filing in its capacity (i) as the General Partner of the OCM Opportunities Fund, L.P., a Delaware limited partnership, and (ii) as investment manager of a certain third party account which invests in similar securities as the OCM Opportunities Fund, L.P., which together may be deemed to be the beneficial owners of 6,681,200 shares of the Issuer's Class A Common Stock, $.01 par value ("Common Stock") (which represents approximately 17.7% of the outstanding shares of the Issuer's Common Stock) based on their ownership of shares of Common Stock and of the Issuer's 5 1/2% Convertible Subordinated Debentures (the "Debentures"). - --------------------------- (1) Includes approximately 1,750,000 shares of Common Stock issuable upon conversion of Debentures held by investment funds and accounts managed by Oaktree. Page 2 of 6 Pages CUSIP NO. 053323 10 1 SCHEDULE 13G ----------- ITEM 1(a). NAME OF ISSUER Autotote Corporation - -------------------------------------------------------------------------------- ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES 750 Lexington Avenue, 25th Floor New York, NY 10022 - -------------------------------------------------------------------------------- ITEM 2(a). NAME OF PERSON(s) FILING Oaktree Capital Management, LLC - -------------------------------------------------------------------------------- ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE 550 S. Hope Street, 22nd Floor, Los Angeles, CA 90017 - -------------------------------------------------------------------------------- ITEM 2(c). CITIZENSHIP California - -------------------------------------------------------------------------------- ITEM 2(d). TITLE OF CLASS OF SECURITIES Class A Common Stock, $0.01 par value - -------------------------------------------------------------------------------- ITEM 2(e). CUSIP NUMBER 053323 10 1 - -------------------------------------------------------------------------------- ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO SECTIONS 240.13d-1(b), OR SECTION 240.13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A: (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. 78c). (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) /X/ An investment adviser in accordance with Section 240.13d-1(b)(1)(ii)(E); (f) / / An employee benefit plan or endowment fund in accordance with Section 240.13d-1(b)(1)(ii)(F); Page 3 of 6 pages CUSIP NO. 053323 10 1 SCHEDULE 13G ----------- (g) / / A parent holding company or control person in accordance with Section 240.13d-1(b)(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. 80-a3); (j) / / Group, in accordance with Section 240.13d-1(b)(1)(ii)(J). ITEM 4. OWNERSHIP* (a) Amount Beneficially Owned: 6,681,200 (1) --------------------------------------------------------------------------- (b) Percent of Class: --------------------------------------------------------------------------- (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote 6,681,200 (1) ------------------------------------------------------------------- (ii) Shared power to vote or to direct the vote 0 ------------------------------------------------------------------- (iii) Sole power to dispose or to direct the disposition of 6,681,200 (1) ------------------------------------------------------------------- (iv) Shared power to dispose or to direct the disposition of 0 ------------------------------------------------------------------- *The filing of this Schedule 13G shall not be construed as an admission that the reporting person or any of its affiliates is, for the purposes of Section 13(d) or 13(g) of the Securities Exchange Act of 1934, the beneficial owner of any securities covered by this Schedule 13G. In addition, the filing of this Schedule 13G shall not be construed as an admission that the reporting person or any of its affiliates is the beneficial owner of any securities covered by this Schedule 13G for any purposes other than Section 13(d) of the Securities Exchange Act of 1934. (1) Includes approximately 1,750,000 shares of Common Stock issuable upon conversion of Debentures held by investment funds and accounts managed by Oaktree. Page 4 of 6 pages CUSIP NO. 053323 10 1 SCHEDULE 13G ----------- 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 As of the date of this Schedule 13G, Oaktree, in its capacity (i) as the General Partner of the OCM Opportunities Fund, L.P., a Delaware limited partnership, and (ii) as investment manager of a certain third party account which invests in similar securities as the OCM Opportunities Fund, L.P., may be deemed to beneficially own 6,681,200 shares of the Issuer's Common Stock (which represents approximately 17.7% of the outstanding shares of the Issuer's Common Stock) based on the ownership by the OCM Opportunities Fund, L.P. and such third party account of shares of Common Stock and the Issuer's Debentures. - --------------------------------------------------------------------------- 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 - --------------------------------------------------------------------------- Page 5 of 6 pages CUSIP NO. 053323 10 1 SCHEDULE 13G ----------- ITEM 10. CERTIFICATION By signing below I certify that, 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. October 30, 1998 ------------------------------------------ Date /S/ KENNETH LIANG ------------------------------------------ Signature Kenneth Liang, Managing Director and General Counsel ------------------------------------------ Name/Title Page 6 of 6 pages -----END PRIVACY-ENHANCED MESSAGE-----