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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
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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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ATI PHYSICAL THERAPY INC COM CL A 00216W109   3,286,775 12,929,880 SH   DFND 1,2,3 12,929,880 0 0
BRAEMAR HOTELS & RESORTS INC NOTE 4.500% 6/0 10482BAB7   4,553,785 5,000,000 PRN   DFND 1,2,3 5,000,000 0 0
BRAEMAR HOTELS & RESORTS INC COM 10482B101   5,785,897 1,498,937 SH   DFND 1,2,3 1,498,937 0 0
COINBASE GLOBAL INC NOTE 0.500% 6/0 19260QAB3   45,125,796 70,525,000 PRN   DFND 1,2,3 70,525,000 0 0
FIRST REP BK SAN FRANCISCO C COM 33616C100   26,231,250 1,875,000 SH Put DFND 1,2,3 1,875,000 0 0
GLOBAL BLUE GROUP HOLDING AG ORD SHS H33700107   55,721,814 9,286,969 SH   DFND 1,2,3,4,5,6,7 9,286,969 0 0
HERTZ GLOBAL HLDGS INC COM NEW 42806J700   2,955,909,590 181,455,469 SH   DFND 1,2,3,4,5,6,7 181,455,469 0 0
ISHARES TR IBOXX HI YD ETF 464288513   75,550,000 1,000,000 SH Call DFND 1,2,3 1,000,000 0 0
ISHARES TR IBOXX HI YD ETF 464288513   151,100,000 2,000,000 SH Put DFND 1,2,3 2,000,000 0 0
SABRE CORP COM 78573M104   49,335,000 11,500,000 SH Call DFND 1,2,3 11,500,000 0 0
SABRE CORP COM 78573M104   748,605 174,500 SH   DFND 1,2,3 174,500 0 0
SPDR SER TR S&P REGL BKG 78464A698   43,860,000 1,000,000 SH Call DFND 1,2,4 1,000,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103   1,228,170,000 3,000,000 SH Put DFND 1,2,5 3,000,000 0 0