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 2,231 246,000 SH   SOLE   246,000 0 0
ADIENT PLC ORD SHS G0084W101 4,308 475,000 SH   DFND 1 475,000 0 0
AMPLIFY ENERGY CORP NEW COM 03212B103 1,782 3,134,484 SH   SOLE   3,134,484 0 0
AMPLIFY ENERGY CORP NEW COM 03212B103 328 577,134 SH   DFND 1 577,134 0 0
AMPLIFY ENERGY CORP NEW COM 03212B103 140 246,700 SH   DFND 2 246,700 0 0
ARCONIC INC COM 03965L100 546 34,000 SH   SOLE   34,000 0 0
ASSURED GUARANTY LTD COM G0585R106 2,237 86,700 SH   SOLE   86,700 0 0
ASSURED GUARANTY LTD COM G0585R106 6,762 262,100 SH   DFND 1 262,100 0 0
CHENIERE ENERGY INC COM NEW 16411R208 3,703 111,000 SH   SOLE   111,000 0 0
CLEAR CHANNEL OUTDOOR HLDGS COM 18453H106 219 348,687 SH   DFND 2 348,687 0 0
CLEAR CHANNEL OUTDOOR HLDGS COM 18453H106 5,549 8,846,976 SH   DFND 1 8,846,976 0 0
CLEAR CHANNEL OUTDOOR HLDGS COM 18453H106 3,403 5,425,205 SH   SOLE   5,425,205 0 0
CLIPPER RLTY INC COM 18885T306 1,366 265,257 SH   SOLE   265,257 0 0
CLIPPER RLTY INC COM 18885T306 4,124 800,843 SH   DFND 1 800,843 0 0
CNX RESOURCES CORPORATION COM 12653C108 192 36,000 SH   SOLE   36,000 0 0
COLONY CAP INC NEW CL A COM 19626G108 1,825 1,067,155 SH   DFND 1 1,067,155 0 0
COLONY CAP INC NEW CL A COM 19626G108 1,417 828,845 SH   SOLE   828,845 0 0
COLONY CR REAL ESTATE INC COM CL A 19625T101 584 150,500 SH   SOLE   150,500 0 0
COMMSCOPE HLDG CO INC COM 20337X109 2,750 302,809 SH   SOLE   302,809 0 0
COMMSCOPE HLDG CO INC COM 20337X109 5,352 589,445 SH   DFND 1 589,445 0 0
CONSTELLIUM SE CL A SHS F21107101 2,334 448,000 SH   SOLE   448,000 0 0
CONSTELLIUM SE CL A SHS F21107101 6,763 1,298,000 SH   DFND 1 1,298,000 0 0
CORNERSTONE BLDG BRANDS INC COM 21925D109 413 90,500 SH   SOLE   90,500 0 0
CUMULUS MEDIA INC COM CLASS A 231082801 1,233 229,262 SH   DFND 2 229,262 0 0
CUMULUS MEDIA INC COM CLASS A 231082801 2,236 415,559 SH   DFND 1 415,559 0 0
CUMULUS MEDIA INC COM CLASS A 231082801 6,997 1,300,508 SH   SOLE   1,300,508 0 0
DIEBOLD NXDF INC COM 253651103 2,252 639,775 SH   DFND 1 639,775 0 0
DIEBOLD NXDF INC COM 253651103 1,134 322,225 SH   SOLE   322,225 0 0
DISH NETWORK CORPORATION CL A 25470M109 440 22,000 SH   SOLE   22,000 0 0
DISH NETWORK CORPORATION NOTE 3.375% 8/1 25470MAB5 1,515 1,915,000 PRN   SOLE   1,915,000 0 0
DISH NETWORK CORPORATION NOTE 3.375% 8/1 25470MAB5 6,397 8,085,000 PRN   DFND 1 8,085,000 0 0
DONNELLEY R R & SONS CO COM 257867200 1,152 1,215,000 SH   DFND 1 1,215,000 0 0
DONNELLEY R R & SONS CO COM 257867200 588 620,000 SH   SOLE   620,000 0 0
ELEMENT SOLUTIONS INC COM 28618M106 163 19,500 SH   SOLE   19,500 0 0
FERRO CORP COM 315405100 5,756 615,000 SH   SOLE   615,000 0 0
FERRO CORP COM 315405100 11,410 1,219,000 SH   DFND 1 1,219,000 0 0
FORTERRA INC COM 34960W106 4,381 728,954 SH   DFND 1 728,954 0 0
FORTERRA INC COM 34960W106 1,558 259,220 SH   SOLE   259,220 0 0
GLOBAL SHIP LEASE INC NEW COM CL A Y27183600 1,110 300,000 SH   SOLE   300,000 0 0
IHEARTMEDIA INC COM CL A 45174J509 1,632 223,267 SH   DFND 2 223,267 0 0
IHEARTMEDIA INC COM CL A 45174J509 7,174 981,452 SH   DFND 1 981,452 0 0
IHEARTMEDIA INC COM CL A 45174J509 11,725 1,603,911 SH   SOLE   1,603,911 0 0
INVESCO QQQ TR UNIT SER 1 46090E103 54,664 287,100 SH Call DFND 1 287,100 0 0
INVESCO QQQ TR UNIT SER 1 46090E103 13,880 72,900 SH Call SOLE   72,900 0 0
IRSA INVERSIONES Y REP S A GLOBL DEP RCPT 450047204 359 103,175 SH   SOLE   103,175 0 0
IRSA PROPIEDADES COMERCIALES SPONSORED ADR 463588103 173 23,903 SH   SOLE   23,903 0 0
ISHARES TR IBOXX HI YD ETF 464288513 163,697 2,124,000 SH Put DFND 1 2,124,000 0 0
ISHARES TR IBOXX HI YD ETF 464288513 67,513 876,000 SH Put SOLE   876,000 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 113,750 993,800 SH Call DFND 1 993,800 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 45,784 400,000 SH Put SOLE   400,000 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 55,937 488,700 SH Call SOLE   488,700 0 0
LCI INDS COM 50189K103 2,773 41,500 SH Call SOLE   41,500 0 0
LCI INDS COM 50189K103 11,261 168,500 SH Call DFND 1 168,500 0 0
LIBERTY MEDIA CORP DEB 4.000%11/1 530715AG6 3,474 4,945,000 PRN   DFND 2 4,945,000 0 0
LIBERTY MEDIA CORP DEB 4.000%11/1 530715AG6 26,911 38,308,000 PRN   SOLE   38,308,000 0 0
LIBERTY MEDIA CORP DEB 3.750% 2/1 530715AL5 108,070 152,211,000 PRN   SOLE   152,211,000 0 0
LIBERTY MEDIA CORP DEB 3.750% 2/1 530715AL5 12,343 17,385,000 PRN   DFND 2 17,385,000 0 0
MAGNACHIP SEMICONDUCTOR CORP COM 55933J203 17,760 1,613,041 SH   DFND 1 1,613,041 0 0
MAGNACHIP SEMICONDUCTOR CORP COM 55933J203 4,886 443,765 SH   SOLE   443,765 0 0
MAGNACHIP SEMICONDUCTOR SA NOTE 5.000% 3/0 55932XAB0 1,400 1,100,000 PRN   DFND 2 1,100,000 0 0
MAGNACHIP SEMICONDUCTOR SA NOTE 5.000% 3/0 55932XAB0 11,431 8,979,000 PRN   SOLE   8,979,000 0 0
MAGNACHIP SEMICONDUCTOR SA NOTE 5.000% 3/0 55932XAB0 15,125 11,880,000 PRN   DFND 1 11,880,000 0 0
MARATHON PETE CORP COM 56585A102 591 25,000 SH Call SOLE   25,000 0 0
NESCO HLDGS INC COM 64083J104 557 175,000 SH   SOLE   175,000 0 0
NOBLE CORP PLC SHS USD G65431101 217 834,148 SH   DFND 1 834,148 0 0
NOBLE CORP PLC SHS USD G65431101 59 225,852 SH   SOLE   225,852 0 0
NORWEGIAN CRUISE LINE HLDG L SHS G66721104 153 14,000 SH   SOLE   14,000 0 0
PEABODY ENERGY CORP NEW COM 704551100 961 336,134 SH   SOLE   336,134 0 0
PG&E CORP COM 69331C108 6,720 747,500 SH Call SOLE   747,500 0 0
PG&E CORP COM 69331C108 19,860 2,209,100 SH Call DFND 1 2,209,100 0 0
SANDRIDGE ENERGY INC COM NEW 80007P869 22 25,161 SH   DFND 2 25,161 0 0
SANDRIDGE ENERGY INC COM NEW 80007P869 80 90,389 SH   SOLE   90,389 0 0
SCIENTIFIC GAMES CORP COM 80874P109 238 24,500 SH   SOLE   24,500 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 329,688 1,279,100 SH Call DFND 1 1,279,100 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 379,150 1,471,000 SH Put SOLE   1,471,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 416,756 1,616,900 SH Call SOLE   1,616,900 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 193,313 750,000 SH Put DFND 1 750,000 0 0
TRANSOCEAN LTD REG SHS H8817H100 406 350,014 SH   SOLE   350,014 0 0
TRANSOCEAN LTD REG SHS H8817H100 1,566 1,350,000 SH   DFND 1 1,350,000 0 0
TRECORA RES COM 894648104 766 131,457 SH   SOLE   131,457 0 0
TURNING PT BRANDS INC COM 90041L105 6,607 313,000 SH   SOLE   313,000 0 0
URBAN ONE INC CL D NON VTG 91705J204 623 655,844 SH   SOLE   655,844 0 0
URBAN ONE INC CL D NON VTG 91705J204 3,123 3,287,377 SH   DFND 1 3,287,377 0 0
VISTRA ENERGY CORP COM 92840M102 1,619 101,447 SH   DFND 2 101,447 0 0
VISTRA ENERGY CORP COM 92840M102 11,878 744,226 SH   SOLE   744,226 0 0
VISTRA ENERGY CORP *W EXP 02/02/202 92840M128 22 29,389 SH   SOLE   29,389 0 0