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
ALTABA INC COM 021346101 5,388 72,745 SH   SOLE 72,745 0 0
AMC ENTMT HLDGS INC CL A COM 00165C104 14,244 1,013,777 SH   SOLE 1,013,777 0 0
ASSURED GUARANTY LTD COM G0585R106 42,164 1,164,113 SH   SOLE 1,164,113 0 0
CAESARS ENTMT CORP COM 127686103 9,619 855,000 SH   SOLE 855,000 0 0
CONSOLIDATED COMM HLDGS INC COM 209034107 15,025 1,370,908 SH   SOLE 1,370,908 0 0
CONSTELLIUM NV CL A N22035104 11,750 1,082,932 SH   SOLE 1,082,932 0 0
EAGLE BULK SHIPPING INC SHS NEW Y2187A143 54,918 11,097,962 SH   SOLE 11,097,962 0 0
EDISON INTL COM 281020107 19,735 310,000 SH   SOLE 310,000 0 0
ENERGEN CORP COM 29265N108 23,708 377,091 SH   SOLE 377,091 0 0
ENTERCOM COMMUNICATIONS CORP CL A 293639100 26,183 2,713,253 SH   SOLE 2,713,253 0 0
EQT CORP COM 26884L109 12,581 264,813 SH   SOLE 264,813 0 0
FIRSTENERGY CORP COM 337932107 21,324 626,810 SH   SOLE 626,810 0 0
FRONTIER COMMUNICATIONS CORP COM NEW 35906A306 4,978 670,908 SH   SOLE 670,908 0 0
HUNTSMAN CORP COM 447011107 8,604 294,165 SH   SOLE 294,165 0 0
INTEGER HLDGS CORP COM 45826H109 7,971 141,323 SH   SOLE 141,323 0 0
KADMON HLDGS INC COM 48283N106 8,752 2,059,254 SH   SOLE 2,059,254 0 0
MYLAN N V SHS EURO N59465109 17,279 419,696 SH   SOLE 419,696 0 0
NAVIENT CORPORATION COM 63938C108 11,973 912,614 SH   SOLE 912,614 0 0
NOMAD FOODS LTD USD ORD SHS G6564A105 15,503 984,943 SH   SOLE 984,943 0 0
OCEAN RIG UDW INC COM CL A G66964118 34,138 1,353,086 SH   SOLE 1,353,086 0 0
ORANGE SPONSORED ADR 684060106 282 16,650 SH   SOLE 16,650 0 0
PACCAR INC COM 693718108 21,309 322,035 SH   SOLE 322,035 0 0
PARSLEY ENERGY INC CL A 701877102 18,648 643,269 SH   SOLE 643,269 0 0
SPIRIT RLTY CAP INC NEW COM 84860W102 27,471 3,540,141 SH   SOLE 3,540,141 0 0
TEEKAY LNG PARTNERS L P PRTNRSP UNITS Y8564M105 463 25,855 SH   SOLE 25,855 0 0
TIME WARNER INC COM NEW 887317303 31,257 330,204 SH   SOLE 330,204 0 0
TRANSOCEAN LTD REG SHS H8817H100 11,880 1,200,000 SH   SOLE 1,200,000 0 0
US FOODS HLDG CORP COM 912008109 10,671 325,640 SH   SOLE 325,640 0 0
VALEANT PHARMACEUTICALS INTL COM 91911K102 37,330 2,344,833 SH   SOLE 2,344,833 0 0
VICI PPTYS INC COM 925652109 21,639 1,181,161 SH   SOLE 1,181,161 0 0
VISTRA ENERGY CORP COM 92840M102 23,872 1,146,017 SH   SOLE 1,146,017 0 0