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 187 189,000 PRN   SOLE   189,000 0 0
AK STL CORP NOTE 5.000%11/1 001546AP5 2,786 2,811,000 PRN   DFND 1 2,811,000 0 0
ANTERO RES CORP COM 03674X106 3,766 401,072 SH   SOLE   401,072 0 0
AVAYA HLDGS CORP COM 05351X101 18,438 1,266,369 SH   SOLE   1,266,369 0 0
AVAYA HLDGS CORP COM 05351X101 29,368 2,017,003 SH   DFND 1 2,017,003 0 0
BERRY PETE CORP COM 08579X101 41,899 4,788,500 SH   DFND 1 4,788,500 0 0
BERRY PETE CORP COM 08579X101 120,752 13,800,191 SH   SOLE   13,800,191 0 0
CHENIERE ENERGY INC NOTE 4.250% 3/1 16411RAG4 1,415 2,000,000 PRN   SOLE   2,000,000 0 0
CHESAPEAKE ENERGY CORP NOTE 5.500% 9/1 165167CY1 16,477 20,468,000 PRN   SOLE   20,468,000 0 0
CHESAPEAKE ENERGY CORP NOTE 5.500% 9/1 165167CY1 31,921 39,654,000 PRN   DFND 1 39,654,000 0 0
CROSS CTRY HEALTHCARE INC COM 227483104 9,820 1,339,640 SH   SOLE   1,339,640 0 0
DISH NETWORK CORP NOTE 2.375% 3/1 25470MAD1 1,831 2,300,000 PRN   SOLE   2,300,000 0 0
DONNELLEY R R & SONS CO COM 257867200 52 13,060 SH   SOLE   13,060 0 0
DONNELLEY R R & SONS CO COM 257867200 269 68,049 SH   DFND 1 68,049 0 0
EAGLE BULK SHIPPING INC SHS NEW Y2187A143 4,047 877,892 SH   SOLE   877,892 0 0
ENERGY TRANSFER LP COM UT LTD PTN 29273V100 15,852 1,200,000 SH Call SOLE   1,200,000 0 0
ENERGY TRANSFER LP COM UT LTD PTN 29273V100 13,135 994,300 SH Call DFND 1 994,300 0 0
ENSCO JERSEY FIN LTD NOTE 3.000% 1/3 29359WAB1 1,631 2,417,000 PRN   SOLE   2,417,000 0 0
FERROGLOBE PLC SHS G33856108 266 167,221 SH   SOLE   167,221 0 0
FERROGLOBE PLC SHS G33856108 1,278 803,809 SH   DFND 1 803,809 0 0
FRONTIER COMMUNICATIONS CORP COM NEW 35906A306 381 160,275 SH   SOLE   160,275 0 0
FRONTIER COMMUNICATIONS CORP COM NEW 35906A306 2,427 1,019,955 SH   DFND 1 1,019,955 0 0
FTS INTERNATIONAL INC COM 30283W104 1,839 258,627 SH   SOLE   258,627 0 0
HC2 HLDGS INC COM 404139107 748 283,478 SH   SOLE   283,478 0 0
NII HLDGS INC COM PAR 62913F508 9,804 2,223,212 SH   DFND 1 2,223,212 0 0
NII HLDGS INC COM PAR 62913F508 154 34,900 SH Call SOLE   34,900 0 0
NII HLDGS INC COM PAR 62913F508 4,881 1,106,855 SH   SOLE   1,106,855 0 0
NII HLDGS INC COM PAR 62913F508 728 165,100 SH Call DFND 1 165,100 0 0
OI S A SPONSORED ADR NE 670851500 23,945 14,965,857 SH   DFND 1 14,965,857 0 0
OI S A SPONSORED ADR NE 670851500 7,590 4,743,833 SH   SOLE   4,743,833 0 0
SANCHEZ ENERGY CORP COM 79970Y105 92 339,700 SH   SOLE   339,700 0 0
SANCHEZ ENERGY CORP COM 79970Y105 56 206,424 SH   DFND 1 206,424 0 0
SANDRIDGE ENERGY INC COM NEW 80007P869 7,616 1,000,822 SH   SOLE   1,000,822 0 0
SCORPIO TANKERS INC SHS Y7542C106 12,947 7,356,425 SH   SOLE   7,356,425 0 0
SCORPIO TANKERS INC SHS Y7542C106 6,775 3,849,423 SH   DFND 1 3,849,423 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 219,805 879,500 SH Put SOLE   879,500 0 0
SPECTRUM BRANDS HLDGS INC NE COM 84790A105 2,037 48,205 SH   SOLE   48,205 0 0
SYNACOR INC COM 871561106 88 59,785 SH   SOLE   59,785 0 0
T MOBILE US INC COM 872590104 1,669 26,236 SH   SOLE   26,236 0 0
T MOBILE US INC COM 872590104 8,852 139,162 SH   DFND 1 139,162 0 0
TENET HEALTHCARE CORP COM NEW 88033G407 2,109 123,021 SH   DFND 1 123,021 0 0
TENET HEALTHCARE CORP COM NEW 88033G407 436 25,430 SH   SOLE   25,430 0 0
VISTRA ENERGY CORP COM 92840M102 12,411 542,218 SH   SOLE   542,218 0 0
WEATHERFORD INTL LTD NOTE 5.875% 7/0 947075AH0 6,384 10,134,000 PRN   SOLE   10,134,000 0 0
WEATHERFORD INTL LTD NOTE 5.875% 7/0 947075AH0 27,979 44,411,000 PRN   DFND 1 44,411,000 0 0
WPX ENERGY INC COM 98212B103 2,758 243,000 SH Put SOLE   243,000 0 0