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
AMBAC FINANCIAL GROUP, INC 16.6700 EXP04/30/2023 COMMON 023139116 2,958 355,549 SH Call SOLE NONE 355,549 0 0
AMBAC FINANCIAL GROUP, INC COMMON 023139884 4,621 236,345 SH   SOLE NONE 236,345 0 0
BLUELINX HLDGS INC COMMON 09624H208 11,826 365,805 SH   SOLE NONE 365,805 0 0
BONANZA CREEK ENERGY, INC COMMON 097793400 1,952 87,182 SH   SOLE NONE 87,182 0 0
C&J OLDCO, INC COMMON 12674R100 2,866 267,123 SH   SOLE NONE 267,123 0 0
CIVEO CORP COMMON 17878Y108 5,004 3,940,296 SH   SOLE NONE 3,940,296 0 0
CLEAR CHANNEL OUTDOOR HOLDINGS, INC COMMON 18453H106 444 176,269 SH   SOLE NONE 176,269 0 0
CONTURA ENERGY, INC COMMON 21241B100 3,970 141,987 SH   SOLE NONE 141,987 0 0
CUMULUS MEDIA INC CL A 231082801 3,081 211,899 SH   SOLE NONE 211,899 0 0
GENWORTH FINANCIAL INC CL A 37247D106 13,325 3,028,370 SH   SOLE NONE 3,028,370 0 0
GLOBALSTAR, INC COMMON 378973408 3,929 9,497,881 SH   SOLE NONE 9,497,881 0 0
HIGHPOINT RESOURCES CORP COMMON 43114K108 1,516 953,210 SH   SOLE NONE 953,210 0 0
HOVNANIAN ENTERPRISES, INC COMMON 442487401 196 10,200 SH   SOLE NONE 10,200 0 0
IHEARTMEDIA, INC CL A 45174J509 1,039 69,268 SH   SOLE NONE 69,268 0 0
INTELSAT S.A. COMMON L5140P101 11,084 486,142 SH   SOLE NONE 486,142 0 0
NII HOLDINGS, INC CL B 62913F508 12,336 6,293,953 SH   SOLE NONE 6,293,953 0 0
P G & E CORP COMMON 69331C108 2,795 279,492 SH   SOLE NONE 279,492 0 0
PACIFIC DRILLING S.A. COMMON L7257P205 956 244,394 SH   SOLE NONE 244,394 0 0
PENN VIRGINIA CORP COMMON 70788V102 2,817 96,902 SH   SOLE NONE 96,902 0 0
SANDRIDGE ENERGY, INC COMMON 80007P869 1,806 384,263 SH   SOLE NONE 384,263 0 0
SANOFI-AVENTIS EXP12/31/2020 RTS 80105N113 3,387 5,941,870 SH   SOLE NONE 5,941,870 0 0
SEADRILL LIMITED COMMON G7998G106 688 327,526 SH   SOLE NONE 327,526 0 0
SILVERBOW RESOURCES, INC COMMON 82836G102 1,926 198,724 SH   SOLE NONE 198,724 0 0
TETRA TECHNOLOGIES INC COMMON 88162F105 4,699 2,337,889 SH   SOLE NONE 2,337,889 0 0
URBAN ONE INC COMMON 91705J204 1,620 843,869 SH   SOLE NONE 843,869 0 0
VALARIS PLC COMMON G9402V109 2,703 561,981 SH   SOLE NONE 561,981 0 0
VISTRA ENERGY CORP 35.0000 EXP02/02/2024 COMMON 92840M128 189 92,138 SH Call SOLE NONE 92,138 0 0
VISTRA ENERGY CORP COMMON 92840M102 3,247 121,462 SH   SOLE NONE 121,462 0 0