The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
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
AK STL CORP NOTE 5.000%11/1 001546AP5 418 315,000 SH   SOLE   315,000 0 0
AK STL CORP NOTE 5.000%11/1 001546AP5 6,219 4,685,000 SH   DFND 1 4,685,000 0 0
ALTICE USA INC CL A 02156K103 400 18,860 SH   SOLE   18,860 0 0
ALTICE USA INC CL A 02156K103 2,784 131,140 SH   DFND 1 131,140 0 0
CAESARS ENTMT CORP COM 127686103 2,472 195,382 SH   DFND 1 195,382 0 0
CALLON PETE CO DEL COM 13123X102 1,215 100,000 SH   SOLE   100,000 0 0
CALLON PETE CO DEL COM 13123X102 7,355 605,341 SH   DFND 1 605,341 0 0
CHENIERE ENERGY INC NOTE 4.250% 3/1 16411RAG4 14,120 19,887,000 PRN   SOLE   19,887,000 0 0
CHENIERE ENERGY INC NOTE 4.250% 3/1 16411RAG4 20,387 28,713,000 PRN   DFND 1 28,713,000 0 0
CLEAR CHANNEL OUTDOOR HLDGS CL A 18451C109 276 60,000 SH   SOLE   60,000 0 0
CLEAR CHANNEL OUTDOOR HLDGS CL A 18451C109 1,899 412,743 SH   DFND 1 412,743 0 0
CROSS CTRY HEALTHCARE INC COM 227483104 19,707 1,544,440 SH   SOLE   1,544,440 0 0
EAGLE BULK SHIPPING INC SHS NEW Y2187A143 3,360 750,000 SH   SOLE   750,000 0 0
ENSCO JERSEY FIN LTD NOTE 3.000% 1/3 29359WAB1 4,438 5,000,000 PRN   SOLE   5,000,000 0 0
FERROGLOBE PLC SHS G33856108 547 33,782 SH   SOLE   33,782 0 0
FERROGLOBE PLC SHS G33856108 3,697 228,218 SH   DFND 1 228,218 0 0
HC2 HLDGS INC COM 404139107 3,938 661,902 SH   SOLE   661,902 0 0
HI-CRUSH PARTNERS LP COM UNIT LTD 428337109 1,605 150,000 SH   SOLE   150,000 0 0
HOUGHTON MIFFLIN HARCOURT COM 44157R109 381 40,997 SH   SOLE   40,997 0 0
HRG GROUP INC COM 40434J100 20,836 1,229,282 SH   SOLE   1,229,282 0 0
LIBERTY MEDIA CORP DEB 4.000%11/1 530715AG6 6,436 9,196,000 PRN   SOLE   9,196,000 0 0
LIBERTY MEDIA CORP DEB 3.750% 2/1 530715AL5 3,107 4,500,000 PRN   SOLE   4,500,000 0 0
LIBERTY MEDIA CORP DEB 4.000%11/1 530715AG6 16,310 23,304,000 PRN   DFND 1 23,304,000 0 0
LIBERTY MEDIA CORP DEB 3.750% 2/1 530715AL5 7,249 10,500,000 PRN   DFND 1 10,500,000 0 0
NII HLDGS INC COM PAR 62913F508 961 2,265,914 SH   SOLE   2,265,914 0 0
NII HLDGS INC COM PAR 62913F508 848 1,999,029 SH   DFND 1 1,999,029 0 0
PATTERSON UTI ENERGY INC COM 703481101 1,796 78,055 SH   SOLE   78,055 0 0
SANCHEZ ENERGY CORP COM 79970Y105 3,099 583,672 SH   SOLE   583,672 0 0
SANDRIDGE ENERGY INC COM NEW 80007P869 11,719 556,212 SH   SOLE   556,212 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 1,187,527 4,450,000 SH Put SOLE   4,450,000 0 0
TENET HEALTHCARE CORP COM NEW 88033G407 1,233 81,303 SH   SOLE   81,303 0 0
TENET HEALTHCARE CORP COM NEW 88033G407 7,895 520,755 SH   DFND 1 520,755 0 0
U S SILICA HLDGS INC COM 90346E103 2,442 75,000 SH   SOLE   75,000 0 0
VISTRA ENERGY CORP COM 92840M102 2,060 112,448 SH   SOLE   112,448 0 0
WEATHERFORD INTL LTD NOTE 5.875% 7/0 947075AH0 9,088 8,503,000 PRN   SOLE   8,503,000 0 0
WEATHERFORD INTL LTD NOTE 5.875% 7/0 947075AH0 48,625 45,497,000 PRN   DFND 1 45,497,000 0 0
WEATHERFORD INTL PLC ORD SHS G48833100 768 184,215 SH   DFND 1 184,215 0 0
WPX ENERGY INC COM 98212B103 9,146 650,000 SH   SOLE   650,000 0 0
WPX ENERGY INC PFD SER A CV 98212B202 4,441 72,000 SH   SOLE   72,000 0 0