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
ADVANCED MICRO DEVICES INC COM 007903107 472 47,000 SH   SOLE   47,000 0 0
ADVANCED MICRO DEVICES INC COM 007903107 15,075 1,500,000 SH Call DFND 1 1,500,000 0 0
ADVANCED MICRO DEVICES INC NOTE 2.125% 9/0 007903BD8 9,580 6,550,000 PRN   SOLE   6,550,000 0 0
ADVANCED MICRO DEVICES INC NOTE 2.125% 9/0 007903BD8 2,121 1,450,000 PRN   DFND 2 1,450,000 0 0
ALLEGHENY TECHNOLOGIES INC COM 01741R102 332 14,000 SH   SOLE   14,000 0 0
ALLEGHENY TECHNOLOGIES INC COM 01741R102 8,051 340,000 SH   DFND 1 340,000 0 0
ALLEGHENY TECHNOLOGIES INC NOTE 4.750% 7/0 01741RAG7 13,247 7,500,000 PRN   DFND 1 7,500,000 0 0
ARCONIC INC COM 03965L100 8,772 380,750 SH   SOLE   380,750 0 0
ARCONIC INC COM 03965L100 28,604 1,241,500 SH   DFND 1 1,241,500 0 0
ASCENT CAP GROUP INC COM SER A 043632108 158 43,000 SH   SOLE   43,000 0 0
ASCENT CAP GROUP INC NOTE 4.000% 7/1 043632AA6 3,260 4,305,000 PRN   DFND 1 4,305,000 0 0
ASCENT CAP GROUP INC COM SER A 043632108 3,165 860,000 SH   DFND 1 860,000 0 0
ASSURED GUARANTY LTD COM G0585R106 235 6,500 SH   SOLE   6,500 0 0
BONANZA CREEK ENERGY INC COM NEW 097793400 14,492 522,971 SH   SOLE   522,971 0 0
CAESARS ENTMT CORP COM 127686103 8,206 729,443 SH   DFND 1 729,443 0 0
CAESARS ENTMT CORP NOTE 5.000%10/0 127686AA1 4,349 2,554,194 PRN   DFND 1 2,554,194 0 0
CHENIERE ENERGY INC COM NEW 16411R208 19,365 362,300 SH   SOLE   362,300 0 0
CONSTELLIUM NV CL A N22035104 326 30,000 SH   SOLE   30,000 0 0
CONSTELLIUM NV CL A N22035104 12,640 1,165,000 SH   DFND 1 1,165,000 0 0
DELL TECHNOLOGIES INC COM CL V 24703L103 5,546 75,753 SH   SOLE   75,753 0 0
DELL TECHNOLOGIES INC COM CL V 24703L103 14,560 198,875 SH   DFND 1 198,875 0 0
DYNEGY INC NEW DEL *W EXP 02/02/202 26817R157 10 36,934 SH   SOLE   36,934 0 0
ENSCO PLC SHS CLASS A G3157S106 10,273 2,340,000 SH   SOLE   2,340,000 0 0
FERRO CORP COM 315405100 348 15,000 SH   SOLE   15,000 0 0
FERRO CORP COM 315405100 12,074 520,000 SH   DFND 1 520,000 0 0
FORTERRA INC COM 34960W106 433 52,000 SH   SOLE   52,000 0 0
FORTERRA INC COM 34960W106 8,154 980,000 SH   DFND 1 980,000 0 0
HALCON RES CORP COM PAR NEW 40537Q605 7,229 1,484,445 SH   SOLE   1,484,445 0 0
HALCON RES CORP COM PAR NEW 40537Q605 1,364 280,000 SH   DFND 1 280,000 0 0
ISHARES TR IBOXX HI YD ETF 464288513 4,635 54,126 SH   SOLE   54,126 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 9,110 60,000 SH Put SOLE   60,000 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 660,461 4,350,000 SH Put DFND 1 4,350,000 0 0
KINDRED HEALTHCARE INC COM 494580103 9,219 1,007,571 SH   SOLE   1,007,571 0 0
KINDRED HEALTHCARE INC COM 494580103 53,839 5,884,031 SH   DFND 1 5,884,031 0 0
KROGER CO COM 501044101 23,940 1,000,000 SH Call DFND 1 1,000,000 0 0
LIBBEY INC COM 529898108 440 90,000 SH   SOLE   90,000 0 0
LIBBEY INC COM 529898108 4,890 1,000,000 SH   DFND 1 1,000,000 0 0
LIBERTY MEDIA CORP DEB 3.750% 2/1 530715AL5 64,686 94,260,000 PRN   SOLE   94,260,000 0 0
LIBERTY MEDIA CORP DEB 3.750% 2/1 530715AL5 24,887 36,265,000 PRN   DFND 1 36,265,000 0 0
LIBERTY MEDIA CORP DEB 3.750% 2/1 530715AL5 12,359 18,010,000 PRN   DFND 2 18,010,000 0 0
LIBERTY MEDIA CORP DEB 4.000%11/1 530715AG6 33,612 47,677,000 PRN   SOLE   47,677,000 0 0
LIBERTY MEDIA CORP DEB 4.000%11/1 530715AG6 5,711 8,100,000 PRN   DFND 2 8,100,000 0 0
MAGNACHIP SEMICONDUCTOR CORP COM 55933J203 28,375 2,955,706 SH   DFND 1 2,955,706 0 0
MAGNACHIP SEMICONDUCTOR SA NOTE 5.000% 3/0 55932XAB0 9,385 7,050,000 PRN   SOLE   7,050,000 0 0
MAGNACHIP SEMICONDUCTOR SA NOTE 5.000% 3/0 55932XAB0 18,970 14,250,000 PRN   DFND 1 14,250,000 0 0
MAGNACHIP SEMICONDUCTOR SA NOTE 5.000% 3/0 55932XAB0 1,464 1,100,000 PRN   DFND 2 1,100,000 0 0
NRG ENERGY INC COM NEW 629377508 15,385 503,925 SH   SOLE   503,925 0 0
NRG ENERGY INC COM NEW 629377508 27,935 915,000 SH   DFND 1 915,000 0 0
OCLARO INC COM NEW 67555N206 449 47,000 SH   SOLE   47,000 0 0
OCLARO INC COM NEW 67555N206 21,462 2,245,000 SH   DFND 1 2,245,000 0 0
PARKER DRILLING CO COM 701081101 5,885 9,267,500 SH   SOLE   9,267,500 0 0
PARKER DRILLING CO COM 701081101 1,435 2,260,259 SH   DFND 1 2,260,259 0 0
PEABODY ENERGY CORP NEW COM 704551100 8,948 245,159 SH   SOLE   245,159 0 0
PEABODY ENERGY CORP NEW COM 704551100 18,395 503,986 SH   DFND 1 503,986 0 0
PENN NATL GAMING INC COM 707569109 276 10,500 SH   SOLE   10,500 0 0
PLATFORM SPECIALTY PRODS COR COM 72766Q105 10,683 1,109,300 SH   SOLE   1,109,300 0 0
PLATFORM SPECIALTY PRODS COR COM 72766Q105 24,364 2,530,000 SH   DFND 1 2,530,000 0 0
PLAYAGS INC COM 72814N104 457 19,664 SH   SOLE   19,664 0 0
PLAYAGS INC COM 72814N104 5,260 226,136 SH   DFND 1 226,136 0 0
PLY GEM HLDGS INC COM 72941W100 113 5,250 SH   SOLE   5,250 0 0
PLY GEM HLDGS INC COM 72941W100 16,990 786,583 SH   DFND 1 786,583 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 8,007 50,000 SH Put SOLE   50,000 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 160,130 1,000,000 SH Put DFND 1 1,000,000 0 0
RANGE RES CORP COM 75281A109 6,121 421,000 SH   SOLE   421,000 0 0
ROWAN COMPANIES PLC SHS CL A G7665A101 1,084 93,900 SH   SOLE   93,900 0 0
ROWAN COMPANIES PLC SHS CL A G7665A101 5,078 440,000 SH   DFND 1 440,000 0 0
SANCHEZ ENERGY CORP COM 79970Y105 4,241 1,355,000 SH   SOLE   1,355,000 0 0
SANDRIDGE ENERGY INC COM NEW 80007P869 1,468 101,164 SH   SOLE   101,164 0 0
SANDRIDGE ENERGY INC COM NEW 80007P869 365 25,161 SH   DFND 2 25,161 0 0
SANOFI RIGHT 12/31/2020 80105N113 1,023 2,419,736 SH   SOLE   2,419,736 0 0
SANOFI RIGHT 12/31/2020 80105N113 4,162 9,848,889 SH   DFND 1 9,848,889 0 0
SELECT MED HLDGS CORP COM 81619Q105 4,916 285,000 SH   DFND 1 285,000 0 0
SINCLAIR BROADCAST GROUP INC CL A 829226109 391 12,500 SH   SOLE   12,500 0 0
SINCLAIR BROADCAST GROUP INC CL A 829226109 23,475 750,000 SH   DFND 1 750,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 6,579 25,000 SH Call SOLE   25,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 296,702 1,127,500 SH Put SOLE   1,127,500 0 0
TARGA RES CORP COM 87612G101 13,202 300,047 SH   SOLE   300,047 0 0
TENET HEALTHCARE CORP COM NEW 88033G407 954 39,350 SH   SOLE   39,350 0 0
TENET HEALTHCARE CORP COM NEW 88033G407 26,190 1,080,000 SH   DFND 1 1,080,000 0 0
TRECORA RES COM 894648104 6,174 453,950 SH   SOLE   453,950 0 0
TRECORA RES COM 894648104 1,202 88,407 SH   DFND 1 88,407 0 0
TURNING PT BRANDS INC COM 90041L105 4,772 245,473 SH   SOLE   245,473 0 0
ULTRA PETROLEUM CORP COM NEW 903914208 9,391 2,252,040 SH   SOLE   2,252,040 0 0
ULTRA PETROLEUM CORP COM NEW 903914208 3,187 764,311 SH   DFND 1 764,311 0 0
UNISYS CORP COM NEW 909214306 140 13,000 SH   SOLE   13,000 0 0
UNITED STATES OIL FUND LP UNITS 91232N108 6,267 478,800 SH Put DFND 1 478,800 0 0
URBAN ONE INC CL D NON VTG 91705J204 8,084 3,943,221 SH   DFND 1 3,943,221 0 0
VICI PPTYS INC COM 925652109 33,008 1,801,721 SH   SOLE   1,801,721 0 0
VICI PPTYS INC COM 925652109 25,719 1,403,874 SH   DFND 1 1,403,874 0 0
VICI PPTYS INC COM 925652109 4,907 267,863 SH   DFND 2 267,863 0 0
VISTRA ENERGY CORP COM 92840M102 75,231 3,611,678 SH   SOLE   3,611,678 0 0
VISTRA ENERGY CORP COM 92840M102 33,536 1,610,000 SH   DFND 1 1,610,000 0 0
VISTRA ENERGY CORP COM 92840M102 12,889 618,777 SH   DFND 2 618,777 0 0
VISTRA ENERGY CORP COM 92840M102 73,541 3,530,530 SH   DFND 3 3,530,530 0 0
WISDOMTREE TR JAPN HEDGE EQT 97717W851 560 10,000 SH Put SOLE   10,000 0 0