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The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ISHARES TR IBOXX HI YD ETF 464288513 261,182 2,970,000 SH Put DFND   2,970,000 0 0
P G & E CORPORATION COM 69331C108 21,033 1,935,000 SH   DFND   1,935,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 586,590 1,822,500 SH Put DFND   1,822,500 0 0
SUPERIOR ENERGY SVCS INC COM NEW 868157306 5,694 1,136,498 SH   DFND   1,136,498 0 0
UNITI GROUP INC COM 91325V108 13,752 1,675,000 SH Put DFND   1,675,000 0 0