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
ADIENT PLC ORD SHS G0084W101 2,390 40,000 SH   SOLE   40,000 0 0
AETNA INC NEW COM 00817Y108 135,087 799,330 SH   SOLE   799,330 0 0
ALLERGAN PLC SHS G0177J108 4,207 25,000 SH   SOLE   25,000 0 0
ALLY FINL INC COM 02005N100 2,715 100,000 SH   SOLE   100,000 0 0
ALTABA INC COM 021346101 488,112 6,592,547 SH   SOLE   6,592,547 0 0
ARCONIC INC COM 03965L100 2,906 126,126 SH   SOLE   126,126 0 0
AVAYA HLDGS CORP COM 05351X101 2,450 109,354 SH   SOLE   109,354 0 0
BANK AMER CORP COM 060505104 26,163 872,400 SH   SOLE   872,400 0 0
BRUNSWICK CORP COM 117043109 18,738 315,500 SH   SOLE   315,500 0 0
CBS CORP NEW CL B 124857202 4,111 80,000 SH   SOLE   80,000 0 0
CITIGROUP INC COM NEW 172967424 51,975 770,000 SH   SOLE   770,000 0 0
CONCORDIA INTERNATIONAL CORP COM 20653P102 15 30,000 SH   SOLE   30,000 0 0
DELL TECHNOLOGIES INC COM CL V 24703L103 49,108 670,781 SH   SOLE   670,781 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 54,810 1,000,000 SH   SOLE   1,000,000 0 0
ENVISION HEALTHCARE CORP COM 29414D100 13,685 356,100 SH   SOLE   356,100 0 0
ERA GROUP INC COM 26885G109 170 18,206 SH   SOLE   18,206 0 0
FORTERRA INC COM 34960W106 11,813 1,419,830 SH   SOLE   1,419,830 0 0
GENERAL MTRS CO COM 37045V100 18,170 500,000 SH Call SOLE   500,000 0 0
GENERAL MTRS CO COM 37045V100 14,536 400,000 SH   SOLE   400,000 0 0
HERC HLDGS INC COM 42704L104 10,195 156,961 SH   SOLE   156,961 0 0
JPMORGAN CHASE & CO COM 46625H100 38,852 353,300 SH   SOLE   353,300 0 0
KINDER MORGAN INC DEL COM 49456B101 13,855 920,000 SH   SOLE   920,000 0 0
MACQUARIE INFRASTRUCTURE COR COM 55608B105 5,540 150,000 SH   SOLE   150,000 0 0
MAGNA INTL INC COM 559222401 17,271 306,500 SH   SOLE   306,500 0 0
MDC PARTNERS INC CL A SUB VTG 552697104 9,121 1,266,759 SH   SOLE   1,266,759 0 0
MERCER INTL INC COM 588056101 25,392 2,039,496 SH   SOLE   2,039,496 0 0
MICRON TECHNOLOGY INC COM 595112103 36,498 700,000 SH   SOLE   700,000 0 0
NEWELL BRANDS INC COM 651229106 5,096 200,000 SH   SOLE   200,000 0 0
NRG ENERGY INC COM NEW 629377508 1,375 45,042 SH   SOLE   45,042 0 0
PG&E CORP COM 69331C108 31,630 720,000 SH   SOLE   720,000 0 0
PRUDENTIAL FINL INC COM 744320102 10,355 100,000 SH   SOLE   100,000 0 0
QUALCOMM INC COM 747525103 12,467 225,000 SH   SOLE   225,000 0 0
QUALITY CARE PPTYS INC COM 747545101 6,329 325,753 SH   SOLE   325,753 0 0
SANDRIDGE ENERGY INC COM NEW 80007P869 1,732 119,347 SH   SOLE   119,347 0 0
SOLARCITY CORP NOTE 1.625%11/0 83416TAC4 894 980,000 PRN   SOLE   980,000 0 0
STEALTHGAS INC SHS Y81669106 9,734 2,415,287 SH   SOLE   2,415,287 0 0
TELECOM ARGENTINA S A SPON ADR REP B 879273209 23,352 745,362 SH   SOLE   745,362 0 0
TENET HEALTHCARE CORP COM NEW 88033G407 22,431 925,000 SH   SOLE   925,000 0 0
TIME WARNER INC COM NEW 887317303 87,007 919,925 SH   SOLE   919,925 0 0
TPI COMPOSITES INC COM 87266J104 10,906 485,792 SH   SOLE   485,792 0 0
ULTRA PETROLEUM CORP COM NEW 903914208 989 237,139 SH   SOLE   237,139 0 0
UNITED CONTL HLDGS INC COM 910047109 20,841 300,000 SH   SOLE   300,000 0 0
VEREIT INC COM 92339V100 64,740 9,301,777 SH   SOLE   9,301,777 0 0
VERSO CORP CL A 92531L207 20,210 1,200,098 SH   SOLE   1,200,098 0 0
VIACOM INC NEW CL B 92553P201 10,560 340,000 SH   SOLE   340,000 0 0
VISTA OUTDOOR INC COM 928377100 5,943 364,161 SH   SOLE   364,161 0 0
WELLS FARGO CO NEW COM 949746101 5,241 100,000 SH   SOLE   100,000 0 0
XERIUM TECHNOLOGIES INC COM NEW 98416J118 854 132,423 SH   SOLE   132,423 0 0
YPF SOCIEDAD ANONIMA SPON ADR CL D 984245100 19,034 880,385 SH   SOLE   880,385 0 0