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 1,572 40,000 SH   SOLE 1 40,000 0 0
AETNA INC NEW COM 00817Y108 187,500 924,330 SH   SOLE 1 924,330 0 0
AKORN INC COM 009728106 9,865 760,000 SH   SOLE 1 760,000 0 0
ALLERGAN PLC SHS G0177J108 4,762 25,000 SH   SOLE 1 25,000 0 0
ALLY FINL INC COM 02005N100 2,645 100,000 SH   SOLE 1 100,000 0 0
ALTABA INC COM 021346101 407,667 5,984,547 SH   SOLE 1 5,984,547 0 0
AMERICAN AXLE & MFG HLDGS IN COM 024061103 9,364 536,933 SH   SOLE 1 536,933 0 0
ARCONIC INC COM 03965L100 17,255 783,969 SH   SOLE 1 783,969 0 0
AVAYA HLDGS CORP COM 05351X101 2,421 109,354 SH   SOLE 1 109,354 0 0
BANK AMER CORP COM 060505104 14,730 500,000 SH   SOLE 1 500,000 0 0
BRUNSWICK CORP COM 117043109 3,351 50,000 SH   SOLE 1 50,000 0 0
CBS CORP NEW CL B 124857202 18,959 330,000 SH   SOLE 1 330,000 0 0
CITIGROUP INC COM NEW 172967424 55,240 770,000 SH   SOLE 1 770,000 0 0
DELL TECHNOLOGIES INC COM CL V 24703L103 75,753 780,000 SH   SOLE 1 780,000 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 52,047 900,000 SH   SOLE 1 900,000 0 0
DISCOVERY INC COM SER C 25470F302 2,958 100,000 SH   SOLE 1 100,000 0 0
ENVISION HEALTHCARE CORP COM 29414D100 25,463 556,803 SH   SOLE 1 556,803 0 0
ERA GROUP INC COM 26885G109 225 18,206 SH   SOLE 1 18,206 0 0
FACEBOOK INC CL A 30303M102 4,112 25,000 SH   SOLE 1 25,000 0 0
FORTERRA INC COM 34960W106 10,592 1,419,830 SH   SOLE 1 1,419,830 0 0
GENERAL MTRS CO COM 37045V100 13,468 400,000 SH   SOLE 1 400,000 0 0
GENERAL MTRS CO CALL 37045V100 16,835 500,000 SH Call SOLE 1 500,000 0 0
HERC HLDGS INC COM 42704L104 10,494 204,962 SH   SOLE 1 204,962 0 0
JPMORGAN CHASE & CO COM 46625H100 33,852 300,000 SH   SOLE 1 300,000 0 0
KINDER MORGAN INC DEL COM 49456B101 12,411 700,000 SH   SOLE 1 700,000 0 0
MAGNA INTL INC COM 559222401 5,253 100,000 SH   SOLE 1 100,000 0 0
MDC PARTNERS INC CL A SUB VTG 552697104 5,871 1,414,769 SH   SOLE 1 1,414,769 0 0
MERCER INTL INC COM 588056101 33,798 2,011,796 SH   SOLE 1 2,011,796 0 0
MICRON TECHNOLOGY INC COM 595112103 33,923 750,000 SH   SOLE 1 750,000 0 0
MYLAN N V SHS EURO N59465109 3,660 100,000 SH   SOLE 1 100,000 0 0
NEWELL BRANDS INC COM 651229106 11,804 581,456 SH   SOLE 1 581,456 0 0
NRG ENERGY INC COM NEW 629377508 1,685 45,042 SH   SOLE 1 45,042 0 0
NXP SEMICONDUCTORS N V COM N6596X109 8,550 100,000 SH   SOLE 1 100,000 0 0
OI S A SPONSORED ADR NE 670851500 9,962 3,649,165 SH   SOLE 1 3,649,165 0 0
PENNEY J C INC COM 708160106 2,490 1,500,000 SH   SOLE 1 1,500,000 0 0
PG&E CORP COM 69331C108 60,733 1,320,000 SH   SOLE 1 1,320,000 0 0
PRUDENTIAL FINL INC COM 744320102 10,132 100,000 SH   SOLE 1 100,000 0 0
SANDRIDGE ENERGY INC COM NEW 80007P869 1,297 119,347 SH   SOLE 1 119,347 0 0
SHIRE PLC SPONSORED ADR 82481R106 11,783 65,000 SH   SOLE 1 65,000 0 0
SOLARCITY CORP NOTE 1.625%11/0 83416TAC4 857 980,000 PRN   SOLE 1 980,000 0 0
STEALTHGAS INC SHS Y81669106 8,598 2,415,287 SH   SOLE 1 2,415,287 0 0
SYMANTEC CORP COM 871503108 4,682 220,000 SH   SOLE 1 220,000 0 0
T MOBILE US INC COM 872590104 1,691 24,102 SH   SOLE 1 24,102 0 0
TELECOM ARGENTINA S A SPON ADR REP B 879273209 22,332 1,281,992 SH   SOLE 1 1,281,992 0 0
TENET HEALTHCARE CORP COM NEW 88033G407 17,076 600,000 SH   SOLE 1 600,000 0 0
TPI COMPOSITES INC COM 87266J104 6,741 236,129 SH   SOLE 1 236,129 0 0
TWENTY FIRST CENTY FOX INC CL A 90130A101 12,278 265,000 SH   SOLE 1 265,000 0 0
VALERO ENERGY CORP NEW PUT 91913Y100 7,963 70,000 SH Put SOLE 1 70,000 0 0
VEREIT INC COM 92339V100 67,531 9,301,777 SH   SOLE 1 9,301,777 0 0
VERSO CORP CL A 92531L207 25,054 744,114 SH   SOLE 1 744,114 0 0
VIACOM INC NEW CL B 92553P201 14,854 440,000 SH   SOLE 1 440,000 0 0
XERIUM TECHNOLOGIES INC COM NEW 98416J118 1,782 132,423 SH   SOLE 1 132,423 0 0
YPF SOCIEDAD ANONIMA SPON ADR CL D 984245100 13,602 880,385 SH   SOLE 1 880,385 0 0