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 655 43,700 SH   SOLE   43,700 0 0
ADVANCED MICRO DEVICES INC COM 007903107 29,980 2,000,000 SH Call DFND 1 2,000,000 0 0
ALLEGHENY TECHNOLOGIES INC COM 01741R102 691 27,500 SH   SOLE   27,500 0 0
ALLEGHENY TECHNOLOGIES INC COM 01741R102 10,927 435,000 SH   DFND 1 435,000 0 0
ALLEGHENY TECHNOLOGIES INC NOTE 4.750% 7/0 01741RAG7 14,194 7,500,000 PRN   DFND 1 7,500,000 0 0
ARCONIC INC COM 03965L100 1,650 97,000 SH Call SOLE   97,000 0 0
ARCONIC INC COM 03965L100 9,328 548,400 SH   SOLE   548,400 0 0
ARCONIC INC COM 03965L100 23,389 1,375,000 SH   DFND 1 1,375,000 0 0
ASCENT CAP GROUP INC COM SER A 043632108 121 43,000 SH   SOLE   43,000 0 0
ASCENT CAP GROUP INC COM SER A 043632108 2,417 860,000 SH   DFND 1 860,000 0 0
ASCENT CAP GROUP INC NOTE 4.000% 7/1 043632AA6 2,508 4,305,000 PRN   DFND 1 4,305,000 0 0
ASSURED GUARANTY LTD COM G0585R106 418 11,700 SH   SOLE   11,700 0 0
ASSURED GUARANTY LTD COM G0585R106 10,719 300,000 SH   DFND 1 300,000 0 0
BONANZA CREEK ENERGY INC COM NEW 097793400 19,805 522,971 SH   SOLE   522,971 0 0
CAESARS ENTMT CORP NOTE 5.000%10/0 127686AA1 4,396 2,554,194 PRN   DFND 1 2,554,194 0 0
CAESARS ENTMT CORP COM 127686103 6,484 606,000 SH   DFND 1 606,000 0 0
CHENIERE ENERGY INC COM NEW 16411R208 24,042 368,800 SH   SOLE   368,800 0 0
CONSTELLIUM NV CL A N22035104 345 33,500 SH   SOLE   33,500 0 0
CONSTELLIUM NV CL A N22035104 11,485 1,115,000 SH   DFND 1 1,115,000 0 0
DELL TECHNOLOGIES INC COM CL V 24703L103 13,268 156,868 SH   SOLE   156,868 0 0
DELL TECHNOLOGIES INC COM CL V 24703L103 21,861 258,465 SH   DFND 1 258,465 0 0
ENSCO PLC SHS CLASS A G3157S106 13,518 1,862,000 SH   SOLE   1,862,000 0 0
FERRO CORP COM 315405100 391 18,750 SH   SOLE   18,750 0 0
FERRO CORP COM 315405100 10,842 520,000 SH   DFND 1 520,000 0 0
FORTERRA INC COM 34960W106 528 54,250 SH   SOLE   54,250 0 0
FORTERRA INC COM 34960W106 8,929 917,726 SH   DFND 1 917,726 0 0
GENWORTH FINL INC COM CL A 37247D106 450 100,000 SH   DFND 1 100,000 0 0
HALCON RES CORP COM PAR NEW 40537Q605 13,541 3,084,470 SH   SOLE   3,084,470 0 0
HALCON RES CORP COM PAR NEW 40537Q605 6,058 1,380,000 SH   DFND 1 1,380,000 0 0
INVESCO QQQ TR UNIT SER 1 46090E103 2,575 15,000 SH Call SOLE   15,000 0 0
IRSA INVERSIONES Y REP S A GLOBL DEP RCPT 450047204 532 30,798 SH   SOLE   30,798 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 2,866 17,500 SH Put SOLE   17,500 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 99,490 607,500 SH Put DFND 1 607,500 0 0
KINDRED HEALTHCARE INC COM 494580103 9,068 1,007,571 SH   SOLE   1,007,571 0 0
KINDRED HEALTHCARE INC COM 494580103 52,956 5,884,031 SH   DFND 1 5,884,031 0 0
KROGER CO COM 501044101 28,450 1,000,000 SH Call DFND 1 1,000,000 0 0
LIBBEY INC COM 529898108 1,469 180,699 SH   SOLE   180,699 0 0
LIBBEY INC COM 529898108 11,549 1,420,597 SH   DFND 1 1,420,597 0 0
LIBERTY MEDIA CORP DEB 3.750% 2/1 530715AL5 64,562 93,230,000 PRN   SOLE   93,230,000 0 0
LIBERTY MEDIA CORP DEB 3.750% 2/1 530715AL5 18,189 26,265,000 PRN   DFND 1 26,265,000 0 0
LIBERTY MEDIA CORP DEB 3.750% 2/1 530715AL5 12,472 18,010,000 PRN   DFND 2 18,010,000 0 0
LIBERTY MEDIA CORP DEB 4.000%11/1 530715AG6 31,359 44,633,000 PRN   SOLE   44,633,000 0 0
LIBERTY MEDIA CORP DEB 4.000%11/1 530715AG6 5,691 8,100,000 PRN   DFND 2 8,100,000 0 0
LSB INDS INC COM 502160104 392 74,000 SH   SOLE   74,000 0 0
MAGNACHIP SEMICONDUCTOR CORP COM 55933J203 30,296 2,955,706 SH   DFND 1 2,955,706 0 0
MAGNACHIP SEMICONDUCTOR SA NOTE 5.000% 3/0 55932XAB0 9,800 7,050,000 PRN   SOLE   7,050,000 0 0
MAGNACHIP SEMICONDUCTOR SA NOTE 5.000% 3/0 55932XAB0 19,808 14,250,000 PRN   DFND 1 14,250,000 0 0
MAGNACHIP SEMICONDUCTOR SA NOTE 5.000% 3/0 55932XAB0 1,529 1,100,000 PRN   DFND 2 1,100,000 0 0
MARATHON PETE CORP COM 56585A102 18,242 260,000 SH   SOLE   260,000 0 0
NRG ENERGY INC COM NEW 629377508 20,816 678,036 SH   SOLE   678,036 0 0
NRG ENERGY INC COM NEW 629377508 19,341 630,000 SH   DFND 1 630,000 0 0
OCLARO INC COM NEW 67555N206 214 24,000 SH   SOLE   24,000 0 0
OCLARO INC COM NEW 67555N206 8,662 970,000 SH   DFND 1 970,000 0 0
PARKER DRILLING CO COM 701081101 4,292 11,295,000 SH   SOLE   11,295,000 0 0
PARKER DRILLING CO COM 701081101 549 1,444,400 SH   DFND 1 1,444,400 0 0
PEABODY ENERGY CORP NEW COM 704551100 11,134 244,813 SH   SOLE   244,813 0 0
PEABODY ENERGY CORP NEW COM 704551100 20,647 453,986 SH   DFND 1 453,986 0 0
PENN NATL GAMING INC COM 707569109 353 10,500 SH   SOLE   10,500 0 0
PLATFORM SPECIALTY PRODS COR COM 72766Q105 13,384 1,153,800 SH   SOLE   1,153,800 0 0
PLATFORM SPECIALTY PRODS COR COM 72766Q105 29,348 2,530,000 SH   DFND 1 2,530,000 0 0
RANGE RES CORP COM 75281A109 14,179 847,500 SH   SOLE   847,500 0 0
ROWAN COMPANIES PLC SHS CL A G7665A101 1,362 84,000 SH   SOLE   84,000 0 0
ROWAN COMPANIES PLC SHS CL A G7665A101 7,137 440,000 SH   DFND 1 440,000 0 0
SANCHEZ ENERGY CORP COM 79970Y105 3,681 814,378 SH   SOLE   814,378 0 0
SANDRIDGE ENERGY INC COM NEW 80007P869 1,759 99,155 SH   SOLE   99,155 0 0
SANDRIDGE ENERGY INC COM NEW 80007P869 446 25,161 SH   DFND 2 25,161 0 0
SANOFI RIGHT 12/31/2020 80105N113 1,210 2,419,736 SH   SOLE   2,419,736 0 0
SANOFI RIGHT 12/31/2020 80105N113 4,924 9,848,889 SH   DFND 1 9,848,889 0 0
SINCLAIR BROADCAST GROUP INC CL A 829226109 780 24,250 SH   SOLE   24,250 0 0
SINCLAIR BROADCAST GROUP INC CL A 829226109 27,070 842,000 SH   DFND 1 842,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 378,436 1,395,000 SH Put SOLE   1,395,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 61,038 225,000 SH Put DFND 1 225,000 0 0
TARGA RES CORP COM 87612G101 14,849 300,047 SH   SOLE   300,047 0 0
TENET HEALTHCARE CORP COM NEW 88033G407 1,151 34,300 SH   SOLE   34,300 0 0
TENET HEALTHCARE CORP COM NEW 88033G407 19,202 572,000 SH   DFND 1 572,000 0 0
TESLA INC COM 88160R101 343 1,000 SH Put SOLE   1,000 0 0
TESLA INC COM 88160R101 4,115 12,000 SH Put DFND 1 12,000 0 0
TRECORA RES COM 894648104 6,741 453,950 SH   SOLE   453,950 0 0
TRECORA RES COM 894648104 1,313 88,407 SH   DFND 1 88,407 0 0
TURNING PT BRANDS INC COM 90041L105 2,175 68,191 SH   SOLE   68,191 0 0
ULTRA PETROLEUM CORP COM NEW 903914208 222 96,018 SH   SOLE   96,018 0 0
URBAN ONE INC CL D NON VTG 91705J204 8,281 3,943,221 SH   DFND 1 3,943,221 0 0
VISTRA ENERGY CORP *W EXP 02/02/202 92840M128 45 36,934 SH   SOLE   36,934 0 0
VISTRA ENERGY CORP COM 92840M102 83,720 3,538,483 SH   SOLE   3,538,483 0 0
VISTRA ENERGY CORP COM 92840M102 32,659 1,380,364 SH   DFND 1 1,380,364 0 0
VISTRA ENERGY CORP COM 92840M102 12,236 517,143 SH   DFND 2 517,143 0 0
XERIUM TECHNOLOGIES INC COM NEW 98416J118 381 28,750 SH   SOLE   28,750 0 0