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

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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 (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ADVANCED MICRO DEVICES INC COM 007903107 14,550 1,000,000 SH Put DFND 1 1,000,000 0 0
AGROFRESH SOLUTIONS COM 00856G109 757 173,119 SH   SOLE   173,119 0 0
AGROFRESH SOLUTIONS COM 00856G109 4,234 968,791 SH   DFND 1 968,791 0 0
ALLEGHENY TECHNOLOGIES INC NOTE 4.750% 7/0 01741RAG7 11,100 7,500,000 PRN   DFND 1 7,500,000 0 0
ALLEGHENY TECHNOLOGIES INC COM 01741R102 6,106 340,000 SH   DFND 1 340,000 0 0
ARCONIC INC COM 03965L100 4,886 185,500 SH   SOLE   185,500 0 0
ARCONIC INC COM 03965L100 20,598 782,000 SH   DFND 1 782,000 0 0
ASCENT CAP GROUP INC NOTE 4.000% 7/1 043632AA6 782 1,035,000 PRN   SOLE   1,035,000 0 0
ASCENT CAP GROUP INC NOTE 4.000% 7/1 043632AA6 3,155 4,175,000 PRN   DFND 1 4,175,000 0 0
ASCENT CAP GROUP INC COM SER A 043632108 608 43,000 SH   SOLE   43,000 0 0
ASCENT CAP GROUP INC COM SER A 043632108 8,337 590,000 SH   DFND 1 590,000 0 0
BON-TON STORES INC COM 09776J101 1,108 1,318,356 SH   DFND 1 1,318,356 0 0
BON-TON STORES INC COM 09776J101 340 405,000 SH   SOLE   405,000 0 0
CALIFORNIA RES CORP COM NEW 13057Q206 7,971 530,000 SH   SOLE   530,000 0 0
CALIFORNIA RES CORP COM NEW 13057Q206 2,256 150,000 SH   DFND 1 150,000 0 0
CENVEO INC COM NEW 15670S402 2,410 480,000 SH   DFND 1 480,000 0 0
CHENIERE ENERGY INC COM NEW 16411R208 10,021 212,000 SH   SOLE   212,000 0 0
CONSOL ENERGY INC COM 20854P109 9,430 562,000 SH   SOLE   562,000 0 0
CSRA INC COM 12650T104 8,201 280,000 SH   DFND 1 280,000 0 0
DEERE & CO COM 244199105 15,240 140,000 SH Call DFND 1 140,000 0 0
DELL TECHNOLOGIES INC COM CL V 24703L103 3,460 54,000 SH   SOLE   54,000 0 0
DYNEGY INC NEW DEL COM 26817R108 8,038 1,022,594 SH   SOLE   1,022,594 0 0
DYNEGY INC NEW DEL COM 26817R108 4,402 560,000 SH   DFND 1 560,000 0 0
DYNEGY INC NEW DEL *W EXP 02/02/202 ADDED 26817R157 2 39,611 SH   SOLE   39,611 0 0
FERRO CORP COM 315405100 17,245 1,135,276 SH   DFND 1 1,135,276 0 0
GOODYEAR TIRE & RUBR CO COM 382550101 1,440 40,000 SH Put SOLE   40,000 0 0
GOODYEAR TIRE & RUBR CO COM 382550101 20,160 560,000 SH Put DFND 1 560,000 0 0
GRAY TELEVISION INC COM 389375106 6,163 425,000 SH   DFND 1 425,000 0 0
HALCON RES CORP COM PAR NEW 40537Q605 4,331 562,500 SH   SOLE   562,500 0 0
ISHARES TR IBOXX HI YD ETF 464288513 8,778 100,000 SH   SOLE   100,000 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 123,828 900,700 SH Put SOLE   900,700 0 0
KINDRED HEALTHCARE INC COM 494580103 985 118,000 SH   SOLE   118,000 0 0
KINDRED HEALTHCARE INC COM 494580103 1,133 135,722 SH   DFND 1 135,722 0 0
LIBERTY MEDIA CORP DEB 4.000%11/1 530715AG6 29,400 47,412,000 PRN   SOLE   47,412,000 0 0
LIBERTY MEDIA CORP DEB 4.000%11/1 530715AG6 5,469 8,820,000 PRN   DFND 2 8,820,000 0 0
LIBERTY MEDIA CORP DEB 3.750% 2/1 530715AL5 51,835 85,325,000 PRN   SOLE   85,325,000 0 0
LIBERTY MEDIA CORP DEB 3.750% 2/1 530715AL5 9,249 15,225,000 PRN   DFND 1 15,225,000 0 0
LIBERTY MEDIA CORP DEB 3.750% 2/1 530715AL5 10,771 17,730,000 PRN   DFND 2 17,730,000 0 0
MAGNACHIP SEMICONDUCTOR CORP COM 55933J203 29,892 3,130,000 SH   DFND 1 3,130,000 0 0
NRG ENERGY INC COM NEW 629377508 1,216 65,000 SH   SOLE   65,000 0 0
NRG ENERGY INC COM NEW 629377508 13,745 735,000 SH   DFND 1 735,000 0 0
OCLARO INC COM NEW 67555N206 9,820 1,000,000 SH   DFND 1 1,000,000 0 0
OCWEN FINL CORP COM NEW 675746309 10,065 1,840,000 SH   DFND 1 1,840,000 0 0
ORION ENGINEERED CARBONS S A COM L72967109 11,070 540,000 SH   DFND 1 540,000 0 0
PARKER DRILLING CO COM 701081101 9,977 5,701,250 SH   SOLE   5,701,250 0 0
PARKER DRILLING CO COM 701081101 4,200 2,400,000 SH   DFND 1 2,400,000 0 0
PINNACLE ENTMT INC NEW COM 72348Y105 10,248 525,000 SH   DFND 1 525,000 0 0
PLATFORM SPECIALTY PRODS COR COM 72766Q105 13,671 1,050,000 SH   DFND 1 1,050,000 0 0
RADIO ONE INC CL D NON VTG 75040P405 11,090 3,360,721 SH   DFND 1 3,360,721 0 0
RANGE RES CORP COM 75281A109 10,738 369,000 SH   SOLE   369,000 0 0
ROWAN COMPANIES PLC SHS CL A G7665A101 3,506 225,000 SH   DFND 1 225,000 0 0
SANCHEZ ENERGY CORP COM 79970Y105 2,385 250,000 SH   SOLE   250,000 0 0
SANDRIDGE ENERGY INC COM NEW 80007P869 1,871 101,164 SH   SOLE   101,164 0 0
SANDRIDGE ENERGY INC COM NEW 80007P869 465 25,161 SH   DFND 2 25,161 0 0
SANOFI RIGHT 12/31/2020 80105N113 1,089 2,419,736 SH   SOLE   2,419,736 0 0
SANOFI RIGHT 12/31/2020 80105N113 4,432 9,848,889 SH   DFND 1 9,848,889 0 0
SCIENTIFIC GAMES CORP CL A 80874P109 7,095 300,000 SH   DFND 1 300,000 0 0
SELECT MED HLDGS CORP COM 81619Q105 16,421 1,230,000 SH   DFND 1 1,230,000 0 0
SEMGROUP CORP CL A 81663A105 10,530 292,500 SH   SOLE   292,500 0 0
SINCLAIR BROADCAST GROUP INC CL A 829226109 6,075 150,000 SH   DFND 1 150,000 0 0
SOUTHWESTERN ENERGY CO COM 845467109 7,741 947,500 SH   SOLE   947,500 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 53,395 226,500 SH Put SOLE   226,500 0 0
SPDR SERIES TRUST S&P OILGAS EXP 78464A730 57,096 1,525,000 SH Put SOLE   1,525,000 0 0
TENET HEALTHCARE CORP COM NEW 88033G407 14,788 835,000 SH   DFND 1 835,000 0 0
TRECORA RES COM 894648104 1,721 155,000 SH   SOLE   155,000 0 0
TURNING PT BRANDS INC COM 90041L105 4,333 277,746 SH   SOLE   277,746 0 0
VALEANT PHARMACEUTICALS INTL COM 91911K102 607 55,000 SH   SOLE   55,000 0 0
VALEANT PHARMACEUTICALS INTL COM 91911K102 3,695 335,000 SH   DFND 1 335,000 0 0