0000899140-17-000193.txt : 20170210 0000899140-17-000193.hdr.sgml : 20170210 20170210100514 ACCESSION NUMBER: 0000899140-17-000193 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20170210 DATE AS OF CHANGE: 20170210 GROUP MEMBERS: MDRA GP LP GROUP MEMBERS: MONARCH GP LLC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Gener8 Maritime, Inc. CENTRAL INDEX KEY: 0001443799 STANDARD INDUSTRIAL CLASSIFICATION: DEEP SEA FOREIGN TRANSPORTATION OF FREIGHT [4412] IRS NUMBER: 660716485 STATE OF INCORPORATION: 1T FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-84383 FILM NUMBER: 17590222 BUSINESS ADDRESS: STREET 1: 299 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10171 BUSINESS PHONE: (212) 763-5600 MAIL ADDRESS: STREET 1: 299 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10171 FORMER COMPANY: FORMER CONFORMED NAME: General Maritime Corp / MI DATE OF NAME CHANGE: 20081211 FORMER COMPANY: FORMER CONFORMED NAME: Galileo Holding CORP DATE OF NAME CHANGE: 20080825 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Monarch Alternative Capital LP CENTRAL INDEX KEY: 0001281084 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 535 MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-554-1700 MAIL ADDRESS: STREET 1: 535 MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10022 FORMER COMPANY: FORMER CONFORMED NAME: Quadrangle Debt Recovery Advisors LP DATE OF NAME CHANGE: 20070125 FORMER COMPANY: FORMER CONFORMED NAME: Quadrangle Debt Recovery Advisors LLC DATE OF NAME CHANGE: 20061013 FORMER COMPANY: FORMER CONFORMED NAME: QDRA LLC DATE OF NAME CHANGE: 20040223 SC 13G/A 1 m19879698.htm SCHEDULE 13G/A, AMENDMENT #1
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 

 
SCHEDULE 13G/A
 
Under the Securities Exchange Act of 1934*
 
(Amendment No. 1)*

 
Gener8 Maritime, Inc.
(Name of Issuer)
 
Common Stock, par value $0.01
(Title of Class of Securities)
 
Y268891081
(CUSIP Number)
 
December 31, 2016
(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)
[   ] Rule 13d-1(c)
[X] 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 the 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 (the “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).
 

 



1 The Common Stock has no CUSIP number. The CINS number for the Ordinary Shares is Y26889108.
 
 
1

 

 
CUSIP No. Y26889108
13G

1
NAME OF REPORTING PERSON
 
 
Monarch Alternative Capital LP
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) 
 
(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
6
SHARED VOTING POWER
3,228,827*
7
SOLE DISPOSITIVE POWER
 
0
8
SHARED DISPOSITIVE POWER
 
3,228,827*
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
3,228,827*
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
 N/A
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
 
3.9%*
12
TYPE OF REPORTING PERSON
 
PN
*Reflects beneficial ownership as of December 31, 2016. See item 4.
 
 
2

 

CUSIP No. Y26889108
13G

1
NAME OF REPORTING PERSON
 
 
MDRA GP LP
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) 
 
(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
6
SHARED VOTING POWER
 
3,228,827*
7
SOLE DISPOSITIVE POWER
 
0
8
SHARED DISPOSITIVE POWER
 
3,228,827*
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
3,228,827*
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
N/A
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
 
3.9%*
12
TYPE OF REPORTING PERSON
 
PN
*Reflects beneficial ownership as of December 31, 2016. See item 4.
 
 
 
 
3


CUSIP No. Y26889108
13G
 
1
NAME OF REPORTING PERSON
 
Monarch GP LLC
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) 
 
(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
6
SHARED VOTING POWER
 
3,228,827*
7
SOLE DISPOSITIVE POWER
 
0
8
SHARED DISPOSITIVE POWER
 
3,228,827*
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
3,228,827*
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
N/A
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
 
3.9%*
12
TYPE OF REPORTING PERSON
 
OO
*Reflects beneficial ownership as of December 31, 2016. See item 4.
 


4


Item 1(a):
Name of Issuer:
   
 
The name of the issuer is Gener8 Maritime, Inc. (the “Issuer”).
   
Item 1(b):
Address of Issuer’s Principal Executive Offices:
   
 
299 Park Avenue
2nd Floor
New York, NY 10171
   
Item 2(a):
Address of Principal Business Office or, if None, Residence:
   
 
This Schedule 13G is filed by:
   
 
(i) Monarch Alternative Capital LP (“MAC”), which serves as advisor to a variety of funds (such funds collectively, the “Funds”), with respect to shares of Common Stock of the Issuer directly owned by the Funds;
   
 
(ii) MDRA GP LP (“MDRA GP”), which is the general partner of MAC, with respect to shares of Common Stock indirectly beneficially owned by virtue of such position; and
   
 
(v) Monarch GP LLC (“Monarch GP”), which is the general partner of MDRA GP, with respect to shares of Common Stock indirectly beneficially owned by virtue of such position.
   
 
MAC, MDRA GP and Monarch GP are sometimes collectively referred to herein as the “Reporting Persons.”
   
Item 2(b):
Address of Principal Business Office or, if None, Residence:
   
 
The address of the principal business office of the Reporting Persons is as follows:
   
 
c/o Monarch Alternative Capital LP
535 Madison Avenue
New York, New York 10022
   
Item 2(c):
Citizenship:
   
 
MAC is a Delaware limited partnership. MDRA GP is a Delaware limited partnership. Monarch GP is a Delaware limited liability company.
   
Item 2(d):
Title of Class of Securities:
   
 
Common Stock, par value $0.01 (“Common Stock”)
   
Item 2(e):
CUSIP Number
   
 
Y26889108
 
 
 
5


Item 3:
If this statement is filed pursuant to Rules 13d-1(b) or 13d-2(b) or (c), check whether the person filing is a:
   
 
A.
Broker or dealer registered under Section 15 of the Act,
 
 
B.
Bank as defined in Section 3(a)(6) of the Act,
     
 
C.
Insurance Company as defined in Section 3(a)(19) of the Act,
     
 
D.
Investment Company registered under Section 8 of the Investment Company Act of 1940,
     
 
E.
Investment Adviser in accordance with Rule 13d-1 (b)(1)(ii)(E),
     
 
F.
Employee Benefit Plan or Endowment Fund in accordance with 13d-1 (b)(1)(ii)(F),
     
 
G.
Parent Holding Company or control person in accordance with Rule 13d-1 (b)(1)(ii)(G),
     
 
H.
Savings Association as defined in Section 3(b) of the Federal Deposit Insurance Act,
     
 
I.
Church Plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940,
     
 
J.
A non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J)
     
 
K.
Group, in accordance with Rule 13d-1(b)(1)(ii)(K)
 

Item 4:
Ownership:
   
 
The information required by Items 4(a)-(c) is set forth in Rows 5-11 of the cover page hereto for each Reporting Person and is incorporated herein by reference for each such Reporting Person.
   
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: T
   
Item 6:
Ownership of More than Five Percent on Behalf of Another Person:
   
 
N/A
   
Item 7:
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company
   
 
N/A
   
Item 8:
Identification and Classification of Members of the Group:
   
 
N/A
   
Item 9:
Notice of Dissolution of Group:
   
 
N/A
   
Item 10:
Certification:
   
 
N/A

 
6

SIGNATURES
 
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.
 
Dated: February 10, 2017
MONARCH ALTERNATIVE CAPITAL LP
By: MDRA GP LP, its General Partner
By: Monarch GP LLC, its General Partner
 
 
By: /s/ Michael Weinstock                                         
Name: Michael Weinstock
Title: Member
 
Dated: February 10, 2017
MDRA GP LP
By: Monarch GP LLC, its General Partner
 
By: /s/ Michael Weinstock                                         
Name: Michael Weinstock
Title: Member
 
Dated: February 10, 2017
MONARCH GP LLC
 
By: /s/ Michael Weinstock                                         
Name: Michael Weinstock
Title: Member
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
[Signature Page to Schedule 13G with respect to Gener8 Maritime, Inc.]
 





7