0000919574-13-003407.txt : 20130515 0000919574-13-003407.hdr.sgml : 20130515 20130515111143 ACCESSION NUMBER: 0000919574-13-003407 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20130331 FILED AS OF DATE: 20130515 DATE AS OF CHANGE: 20130515 EFFECTIVENESS DATE: 20130515 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BRIGADE CAPITAL MANAGEMENT, LLC CENTRAL INDEX KEY: 0001421306 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-12820 FILM NUMBER: 13844566 BUSINESS ADDRESS: STREET 1: 399 PARK AVENUE STREET 2: 16TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-745-9717 MAIL ADDRESS: STREET 1: 399 PARK AVENUE STREET 2: 16TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 13F-HR 1 d1380427_13f-hr.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F Cover Page Report for the Calendar Year or Quarter Ended March 31, 2013 Check here if Amendment: |_|; Amendment Number: This Amendment (Check only one): |_| is a restatement |_| adds new holding entries. Institutional Manager Filing this Report: Name: Brigade Capital Management, LLC Address: 399 Park Avenue, 16th Floor New York, New York 10022 13F File Number: 028-12820 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Donald E. Morgan, III Title: Managing Member Phone: (212) 745-9700 Signature, Place and Date of Signing: /s/ Donald E. Morgan, III New York, New York May 15, 2013 -------------------------- ---------------------- ---------------------- [Signature] [City, State] [Date] Report Type: (Check only one): [_] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report). [_] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting managers(s).) [X] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) List of Other Managers Reporting for this Manager: Form 13F File Number Name 028-01190 Frank Russell Company Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 1 Form 13F Information Table Entry Total: 70 Form 13F Information Table Value Total: $1,514,661 (thousands) List of Other Included Managers: Form 13F File Number Name 1. 028-12821 Brigade Leveraged Capital Structures Fund Ltd. FORM 13F INFORMATION TABLE March 31, 2013

COL 1 COL 2 COL 3 COL 4 COL 5 COL 6 COL 7 COL 8 VALUE SHRS OR SH/ PUT/ INVESTMENT OTHR VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) PRN AMT PRN CALL DISCRETION MGRS SOLE SHARED NONE -------------- -------------- ------ -------- -------- --- ---- ----------- ----- ---- ------ ---- ALLIANCE HEALTHCARE SRVCS IN COM PAR $0.01 018606301 7,491 964,143 SH Shared-Defined 1 964,143 AMERISTAR CASINOS INC COM 03070Q101 9,800 373,618 SH Shared-Defined 1 373,618 BEAZER HOMES USA INC COM NEW 07556Q881 20,063 1,266,600 SH Shared-Defined 1 1,266,600 BOEING CO COM 097023105 12,878 150,000 SH Shared-Defined 1 150,000 CARROLS RESTAURANT GROUP INC COM 14574X104 9,861 1,900,000 SH Shared-Defined 1 1,900,000 CEMEX SAB DE CV SPON ADR NEW 151290889 21,978 1,800,000 SH Shared-Defined 1 1,800,000 CENTRAL EUROPEAN MEDIA ENTRP CL A NEW G20045202 3,367 819,300 CALL Shared-Defined 1 819,300 CHENIERE ENERGY INC COM NEW 16411R208 812 29,000 SH Sole 29,000 CHENIERE ENERGY INC COM NEW 16411R208 23,520 840,000 SH Shared-Defined 1 840,000 CHESAPEAKE ENERGY CORP COM 165167107 12,210 600,000 PUT Shared-Defined 1 600,000 CHIPOTLE MEXICAN GRILL INC COM 169656105 8,027 25,000 PUT Shared-Defined 1 25,000 COMMUNITY HEALTH SYS INC NEW COM 203668108 16,160 341,000 SH Shared-Defined 1 341,000 CROSSTEX ENERGY INC COM 22765Y104 636 33,000 SH Sole 33,000 DRYSHIPS INC. NOTE 5.000%12/0 262498AB4 20,544 23,836,000 PRN Sole 23,836,000 DRYSHIPS INC. NOTE 5.000%12/0 262498AB4 35,720 41,445,000 PRN Shared-Defined 1 41,445,000 DYNEGY INC NEW DEL COM 26817R108 8,792 366,476 SH Sole 366,476 DYNEGY INC NEW DEL COM 26817R108 57,630 2,402,250 SH Shared-Defined 1 2,402,250 ENERGY XXI (BERMUDA) LTD USD UNRS SHS G10082140 20,959 770,000 SH Shared-Defined 1 770,000 FELCOR LODGING TR INC COM 31430F101 1,488 250,000 SH Sole 250,000 FELCOR LODGING TR INC COM 31430F101 12,495 2,100,000 SH Shared-Defined 1 2,100,000 FERRO CORP COM 315405100 992 147,000 SH Sole 147,000 FERRO CORP COM 315405100 30,259 4,482,769 SH Shared-Defined 1 4,482,769 FIFTH & PAC COS INC COM 316645100 25,501 1,350,700 SH Shared-Defined 1 1,350,700 FINISAR CORP COM NEW 31787A507 10,552 800,000 SH Shared-Defined 1 800,000 FOREST OIL CORP COM PAR $0.01 346091705 1,762 335,000 SH Sole 335,000 FOREST OIL CORP COM PAR $0.01 346091705 24,722 4,700,000 SH Shared-Defined 1 4,700,000 GENERAL MTRS CO COM 37045V100 13,910 500,000 SH Shared-Defined 1 500,000 GENERAL MTRS CO COM 37045V100 22,240 800,000 CALL Shared-Defined 1 800,000 HEALTH MGMT ASSOC INC NEW CL A 421933102 13,192 1,025,000 SH Shared-Defined 1 1,025,000 HOVNANIAN ENTERPRISES INC CL A 442487203 11,252 1,950,000 SH Shared-Defined 1 1,950,000 HOWARD HUGHES CORP COM 44267D107 25,143 300,000 SH Shared-Defined 1 300,000 ISHARES TR RUSSELL 2000 464287655 28,329 300,000 SH Shared-Defined 1 300,000 ISHARES TR RUSSELL 2000 464287655 251,532 2,700,000 CALL Shared-Defined 1 2,700,000 ISHARES TR RUSSELL 2000 464287655 186,320 2,000,000 PUT Shared-Defined 1 2,000,000 ISTAR FINL INC COM 45031U101 5,445 500,000 SH Shared-Defined 1 500,000 LEAP WIRELESS INTL INC NOTE 4.500% 7/1 521863AL4 20,375 20,000,000 PRN Sole 20,000,000 LEAP WIRELESS INTL INC NOTE 4.500% 7/1 521863AL4 30,546 29,984,000 PRN Shared-Defined 1 29,984,000 LIBERTY MEDIA CORP DEB 4.000%11/1 530715AG6 39,737 56,970,000 PRN Sole 56,970,000 LIBERTY MEDIA CORP DEB 4.000%11/1 530715AG6 26,296 37,700,000 PRN Shared-Defined 1 37,700,000 MASCO CORP COM 574599106 15,593 770,000 SH Shared-Defined 1 770,000 MTR GAMING GROUP INC COM 553769100 165 50,000 SH Sole 50,000 MTR GAMING GROUP INC COM 553769100 8,811 2,670,022 SH Shared-Defined 1 2,670,022 NAVISTAR INTL CORP NEW COM 63934E108 33,410 1,000,000 CALL Shared-Defined 1 1,000,000 NRG ENERGY INC COM NEW 629377508 1,761 66,479 SH Sole 66,479 NRG ENERGY INC COM NEW 629377508 47,682 1,800,000 SH Shared-Defined 1 1,800,000 OCEAN RIG UDW INC SHS Y64354205 8,055 500,000 SH Shared-Defined 1 500,000 PEABODY ENERGY CORP COM 704549104 740 35,000 SH Sole 35,000 RITE AID CORP COM 767754104 20,612 10,848,569 SH Shared-Defined 1 10,848,569 SAIC INC COM 78390X101 8,250 600,000 CALL Shared-Defined 1 600,000 SANDRIDGE ENERGY INC COM 80007P307 13,175 2,500,000 SH Shared-Defined 1 2,500,000 SHIP FINANCE INTERNATIONAL L NOTE 3.250% 2/0 G81075AE6 10,609 10,344,000 PRN Shared-Defined 1 10,344,000 SHIP FINANCE INTERNATIONAL L SHS G81075106 10,584 600,000 SH Shared-Defined 1 600,000 SILVER BAY RLTY TR CORP COM 82735Q102 2,358 113,925 SH Shared-Defined 1 113,925 SINCLAIR BROADCAST GROUP INC CL A 829226109 13,189 650,000 SH Shared-Defined 1 650,000 SPDR S&P 500 ETF TR TR UNIT 78462F103 18,800 120,000 SH Shared-Defined 1 120,000 SUPERIOR ENERGY SVCS INC COM 868157108 473 18,202 SH Sole 18,202 SUPERIOR ENERGY SVCS INC COM 868157108 9,526 366,798 SH Shared-Defined 1 366,798 SUPERVALU INC COM 868536103 2,232 442,900 SH Sole 442,900 SUPERVALU INC COM 868536103 33,838 6,713,900 SH Shared-Defined 1 6,713,900 TWO HBRS INVT CORP COM 90187B101 29,318 2,325,000 SH Shared-Defined 1 2,325,000 U S G CORP COM NEW 903293405 15,071 570,000 SH Shared-Defined 1 570,000 UNITED CONTL HLDGS INC COM 910047109 19,356 625,000 PUT Shared-Defined 1 625,000 UNIVERSAL HLTH SVCS INC CL B 913903100 14,051 220,000 SH Shared-Defined 1 220,000 WALGREEN CO COM 931422109 9,536 200,000 SH Shared-Defined 1 200,000 WALGREEN CO COM 931422109 46,970 1,000,000 CALL Shared-Defined 1 1,000,000 WALTER ENERGY INC COM 93317Q105 1,040 36,500 SH Sole 36,500 WALTER ENERGY INC COM 93317Q105 10,260 360,000 SH Shared-Defined 1 360,000 WALTER INVT MGMT CORP NOTE 4.500%11/0 93317WAA0 25,872 24,095,000 PRN Shared-Defined 1 24,095,000 WALTER INVT MGMT CORP COM 93317W102 10,244 275,000 SH Shared-Defined 1 275,000 YRC WORLDWIDE INC NOTE 10.000% 3/3 984249AB8 546 1,102,499 PRN Shared-Defined 1 1,102,499