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 6,493 501,000 SH   DFND 1 501,000 0 0
ADIENT PLC ORD SHS G0084W101 1,520 117,300 SH   SOLE   117,300 0 0
ADIENT PLC ORD SHS G0084W101 823 63,500 SH Call SOLE   63,500 0 0
ALCOA CORP COM 013872106 14,798 525,500 SH   DFND 1 525,500 0 0
ALCOA CORP COM 013872106 8,958 318,125 SH   SOLE   318,125 0 0
ALLEGHENY TECHNOLOGIES INC COM 01741R102 13,680 535,000 SH   DFND 1 535,000 0 0
ALLEGHENY TECHNOLOGIES INC COM 01741R102 1,087 42,500 SH   SOLE   42,500 0 0
ARCONIC INC COM 03965L100 13,377 700,000 SH   DFND 1 700,000 0 0
ARCONIC INC COM 03965L100 5,227 273,500 SH   SOLE   273,500 0 0
ASCENT CAP GROUP INC COM SER A 043632108 128 170,000 SH   DFND 1 170,000 0 0
ASCENT CAP GROUP INC COM SER A 043632108 130 173,000 SH   SOLE   173,000 0 0
ASSURED GUARANTY LTD COM G0585R106 13,329 300,000 SH   DFND 1 300,000 0 0
ASSURED GUARANTY LTD COM G0585R106 631 14,200 SH   SOLE   14,200 0 0
BONANZA CREEK ENERGY INC COM NEW 097793400 4,384 193,204 SH   SOLE   193,204 0 0
BONANZA CREEK ENERGY INC COM NEW 097793400 9,643 425,000 SH   DFND 4 425,000 0 0
BRISTOW GROUP INC COM 110394103 100 90,000 SH Call SOLE   90,000 0 0
CAESARS ENTMT CORP COM 127686103 20,904 2,405,580 SH   DFND 1 2,405,580 0 0
CAESARS ENTMT CORP COM 127686103 1,008 116,000 SH   SOLE   116,000 0 0
CHENIERE ENERGY INC COM NEW 16411R208 7,885 115,340 SH   SOLE   115,340 0 0
CHENIERE ENERGY INC COM NEW 16411R208 14,572 213,160 SH   DFND 4 213,160 0 0
CONSTELLIUM NV CL A N22035104 13,339 1,671,500 SH   DFND 1 1,671,500 0 0
CONSTELLIUM NV CL A N22035104 686 86,000 SH   SOLE   86,000 0 0
CUMULUS MEDIA INC COM CLASS A 231082801 13,632 756,888 SH   DFND 1 756,888 0 0
CUMULUS MEDIA INC COM CLASS A 231082801 24,913 1,383,294 SH   SOLE   1,383,294 0 0
CUMULUS MEDIA INC COM CLASS A 231082801 4,129 229,262 SH   DFND 2 229,262 0 0
DELL TECHNOLOGIES INC CL C 24703L202 9,736 165,894 SH   DFND 1 165,894 0 0
DELL TECHNOLOGIES INC CL C 24703L202 5,273 89,839 SH   SOLE   89,839 0 0
DIEBOLD NXDF INC COM 253651103 6,642 600,000 SH   DFND 1 600,000 0 0
DIEBOLD NXDF INC COM 253651103 1,661 150,000 SH   SOLE   150,000 0 0
DONNELLEY R R & SONS CO COM 257867200 3,752 795,000 SH   DFND 1 795,000 0 0
DONNELLEY R R & SONS CO COM 257867200 826 175,000 SH   SOLE   175,000 0 0
ELEMENT SOLUTIONS INC COM 28618M106 197 19,500 SH   SOLE   19,500 0 0
FERRO CORP COM 315405100 12,494 660,000 SH   DFND 1 660,000 0 0
FERRO CORP COM 315405100 852 45,000 SH   SOLE   45,000 0 0
FORTERRA INC COM 34960W106 8,744 2,072,000 SH   DFND 1 2,072,000 0 0
FORTERRA INC COM 34960W106 565 134,000 SH   SOLE   134,000 0 0
GENERAL ELECTRIC CO COM 369604103 22,478 2,250,000 SH Call DFND 1 2,250,000 0 0
GENERAL ELECTRIC CO COM 369604103 749 75,000 SH Call SOLE   75,000 0 0
HALCON RES CORP COM PAR NEW 40537Q605 2,259 1,673,134 SH   SOLE   1,673,134 0 0
HALCON RES CORP COM PAR NEW 40537Q605 4,969 3,680,483 SH   DFND 4 3,680,483 0 0
IRSA INVERSIONES Y REP S A GLOBL DEP RCPT 450047204 1,125 103,175 SH   SOLE   103,175 0 0
IRSA PROPIEDADES COMERCIALES SPONSORED ADR 463588103 464 22,860 SH   SOLE   22,860 0 0
ISHARES TR IBOXX HI YD ETF 464288513 3,459 40,000 SH   SOLE   40,000 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 76,545 500,000 SH Put SOLE   500,000 0 0
LCI INDS COM 50189K103 15,541 202,300 SH Call DFND 1 202,300 0 0
LCI INDS COM 50189K103 576 7,500 SH Call SOLE   7,500 0 0
LIBBEY INC COM 529898108 6,504 2,290,000 SH   DFND 1 2,290,000 0 0
LIBBEY INC COM 529898108 341 120,000 SH   SOLE   120,000 0 0
LIBERTY MEDIA CORP DEB 4.000%11/1 530715AG6 27,568 39,953,000 PRN   SOLE   39,953,000 0 0
LIBERTY MEDIA CORP DEB 4.000%11/1 530715AG6 3,412 4,945,000 PRN   DFND 2 4,945,000 0 0
LIBERTY MEDIA CORP DEB 3.750% 2/1 530715AL5 72,738 107,165,000 PRN   SOLE   107,165,000 0 0
LIBERTY MEDIA CORP DEB 3.750% 2/1 530715AL5 11,817 17,410,000 PRN   DFND 2 17,410,000 0 0
MAGNACHIP SEMICONDUCTOR CORP COM 55933J203 25,572 3,455,706 SH   DFND 1 3,455,706 0 0
MAGNACHIP SEMICONDUCTOR CORP COM 55933J203 1,496 202,229 SH   SOLE   202,229 0 0
MAGNACHIP SEMICONDUCTOR SA NOTE 5.000% 3/0 55932XAB0 16,111 14,250,000 PRN   DFND 1 14,250,000 0 0
MAGNACHIP SEMICONDUCTOR SA NOTE 5.000% 3/0 55932XAB0 7,971 7,050,000 PRN   SOLE   7,050,000 0 0
MAGNACHIP SEMICONDUCTOR SA NOTE 5.000% 3/0 55932XAB0 1,244 1,100,000 PRN   DFND 2 1,100,000 0 0
MARATHON PETE CORP COM 56585A102 11,790 197,000 SH   DFND 1 197,000 0 0
MARATHON PETE CORP COM 56585A102 5,994 100,152 SH   SOLE   100,152 0 0
MARATHON PETE CORP COM 56585A102 11,521 192,498 SH   DFND 4 192,498 0 0
NOBLE CORP PLC SHS USD G65431101 953 331,886 SH   SOLE   331,886 0 0
NOBLE CORP PLC SHS USD G65431101 2,073 722,270 SH   DFND 4 722,270 0 0
PEABODY ENERGY CORP NEW COM 704551100 15,873 560,303 SH   DFND 1 560,303 0 0
PEABODY ENERGY CORP NEW COM 704551100 7,940 280,271 SH   SOLE   280,271 0 0
ROWAN COMPANIES PLC SHS CL A G7665A101 10,035 930,000 SH   DFND 1 930,000 0 0
ROWAN COMPANIES PLC SHS CL A G7665A101 6,060 561,615 SH   SOLE   561,615 0 0
ROWAN COMPANIES PLC SHS CL A G7665A101 8,011 742,426 SH   DFND 4 742,426 0 0
SANDRIDGE ENERGY INC COM NEW 80007P869 725 90,389 SH   SOLE   90,389 0 0
SANDRIDGE ENERGY INC COM NEW 80007P869 202 25,161 SH   DFND 2 25,161 0 0
SANOFI RIGHT 12/31/2020 80105N113 4,432 9,848,889 SH   DFND 1 9,848,889 0 0
SANOFI RIGHT 12/31/2020 80105N113 1,089 2,419,736 SH   SOLE   2,419,736 0 0
SCIENTIFIC GAMES CORP COM 80874P109 357 17,500 SH   SOLE   17,500 0 0
SINCLAIR BROADCAST GROUP INC CL A 829226109 14,738 383,000 SH   DFND 1 383,000 0 0
SINCLAIR BROADCAST GROUP INC CL A 829226109 885 23,000 SH   SOLE   23,000 0 0
SOUTHWEST AIRLS CO COM 844741108 389 7,500 SH Call SOLE   7,500 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 42,704 350,000 SH Call SOLE   350,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 112,992 400,000 SH Call SOLE   400,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 187,849 665,000 SH Put DFND 1 665,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 237,142 839,500 SH Put SOLE   839,500 0 0
SPDR SERIES TRUST S&P METALS MNG 78464A755 14,098 475,000 SH Call DFND 1 475,000 0 0
SPDR SERIES TRUST S&P METALS MNG 78464A755 861 29,000 SH Call SOLE   29,000 0 0
SPDR SERIES TRUST S&P OILGAS EXP 78464A730 21,518 700,000 SH Call DFND 1 700,000 0 0
SPDR SERIES TRUST S&P OILGAS EXP 78464A730 1,598 52,000 SH Call SOLE   52,000 0 0
SPDR SERIES TRUST S&P OILGAS EXP 78464A730 59,021 1,920,000 SH Put SOLE   1,920,000 0 0
SPDR SERIES TRUST S&P OILGAS EXP 78464A730 126,956 4,130,000 SH Put DFND 4 4,130,000 0 0
TENET HEALTHCARE CORP COM NEW 88033G407 16,006 555,000 SH   DFND 1 555,000 0 0
TESLA INC COM 88160R101 8,452 30,200 SH Put DFND 1 30,200 0 0
TESLA INC COM 88160R101 224 800 SH Put SOLE   800 0 0
TRECORA RES COM 894648104 6,272 690,013 SH   SOLE   690,013 0 0
TURNING PT BRANDS INC COM 90041L105 1,184 25,691 SH   SOLE   25,691 0 0
URBAN ONE INC CL D NON VTG 91705J204 7,886 3,943,221 SH   DFND 1 3,943,221 0 0
VISTRA ENERGY CORP COM 92840M102 28,373 1,090,000 SH   DFND 1 1,090,000 0 0
VISTRA ENERGY CORP COM 92840M102 57,840 2,222,033 SH   SOLE   2,222,033 0 0
VISTRA ENERGY CORP COM 92840M102 11,107 426,702 SH   DFND 2 426,702 0 0
VISTRA ENERGY CORP COM 92840M102 11,310 434,485 SH   DFND 4 434,485 0 0
VISTRA ENERGY CORP *W EXP 02/02/202 92840M128 64 29,389 SH   SOLE   29,389 0 0