SECURITIES AND EXCHANGE COMMISSION | |
Washington, D.C. 20549 | |
SCHEDULE 13G | |
Under the Securities Exchange Act of 1934 | |
(Amendment No. )* | |
Brixmor Property Group Inc. | |
(Name of Issuer) | |
Common Stock, $0.01 par value | |
(Title of Class of Securities) | |
11120U105 | |
(CUSIP Number) | |
December 31, 2013 | |
(Date of Event Which Requires Filing of This Statement) | |
Check the appropriate box to designate the rule pursuant to which this Schedule is filed: | |
¨ | Rule 13d-1(b) |
¨ | Rule 13d-1(c) |
x | Rule 13d-1(d) |
(Page 1 of 25 Pages) |
______________________________
*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
CUSIP No. 11120U105 | 13G | Page 2 of 25 Pages |
1 |
NAME OF REPORTING PERSON Centerbridge Credit Partners, L.P. | |||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP |
(a) ¨ (b) x | ||
3 | SEC USE ONLY | |||
4 |
CITIZENSHIP OR PLACE OF ORGANIZATION Delaware | |||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 |
SOLE VOTING POWER -0- | ||
6 |
SHARED VOTING POWER 4,733,857 | |||
7 |
SOLE DISPOSITIVE POWER -0- | |||
8 |
SHARED DISPOSITIVE POWER 4,733,857 | |||
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,733,857 | |||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES | ¨ | ||
11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 2.1% | |||
12 |
TYPE OF REPORTING PERSON PN | |||
CUSIP No. 11120U105 | 13G | Page 3 of 25 Pages |
1 |
NAME OF REPORTING PERSON Centerbridge Credit Partners TE Intermediate I, L.P. | |||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP |
(a) ¨ (b) x | ||
3 | SEC USE ONLY | |||
4 |
CITIZENSHIP OR PLACE OF ORGANIZATION Delaware | |||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 |
SOLE VOTING POWER -0- | ||
6 |
SHARED VOTING POWER 6,213,100 | |||
7 |
SOLE DISPOSITIVE POWER -0- | |||
8 |
SHARED DISPOSITIVE POWER 6,213,100 | |||
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 6,213,100 | |||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES | ¨ | ||
11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 2.7% | |||
12 |
TYPE OF REPORTING PERSON PN | |||
CUSIP No. 11120U105 | 13G | Page 4 of 25 Pages |
1 |
NAME OF REPORTING PERSON Centerbridge Credit Partners General Partner, L.P. | |||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP |
(a) ¨ (b) x | ||
3 | SEC USE ONLY | |||
4 |
CITIZENSHIP OR PLACE OF ORGANIZATION Delaware | |||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 |
SOLE VOTING POWER -0- | ||
6 |
SHARED VOTING POWER 10,946,957 | |||
7 |
SOLE DISPOSITIVE POWER -0- | |||
8 |
SHARED DISPOSITIVE POWER 10,946,957 | |||
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 10,946,957 | |||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES | ¨ | ||
11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 4.8% | |||
12 |
TYPE OF REPORTING PERSON PN | |||
CUSIP No. 11120U105 | 13G | Page 5 of 25 Pages |
1 |
NAME OF REPORTING PERSON Centerbridge Credit GP Investors, L.L.C. | |||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP |
(a) ¨ (b) x | ||
3 | SEC USE ONLY | |||
4 |
CITIZENSHIP OR PLACE OF ORGANIZATION Delaware | |||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 |
SOLE VOTING POWER -0- | ||
6 |
SHARED VOTING POWER 10,946,957 | |||
7 |
SOLE DISPOSITIVE POWER -0- | |||
8 |
SHARED DISPOSITIVE POWER 10,946,957 | |||
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 10,946,957 | |||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES | ¨ | ||
11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 4.8% | |||
12 |
TYPE OF REPORTING PERSON OO | |||
CUSIP No. 11120U105 | 13G | Page 6 of 25 Pages |
1 |
NAME OF REPORTING PERSON Centerbridge Special Credit Partners, L.P. | |||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP |
(a) ¨ (b) x | ||
3 | SEC USE ONLY | |||
4 |
CITIZENSHIP OR PLACE OF ORGANIZATION Delaware | |||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 |
SOLE VOTING POWER -0- | ||
6 |
SHARED VOTING POWER 5,157,648 | |||
7 |
SOLE DISPOSITIVE POWER -0- | |||
8 |
SHARED DISPOSITIVE POWER 5,157,648 | |||
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,157,648 | |||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES | ¨ | ||
11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 2.2% | |||
12 |
TYPE OF REPORTING PERSON PN | |||
CUSIP No. 11120U105 | 13G | Page 7 of 25 Pages |
1 |
NAME OF REPORTING PERSON Centerbridge Special Credit Partners General Partner, L.P. | |||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP |
(a) ¨ (b) x | ||
3 | SEC USE ONLY | |||
4 |
CITIZENSHIP OR PLACE OF ORGANIZATION Delaware | |||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 |
SOLE VOTING POWER -0- | ||
6 |
SHARED VOTING POWER 5,157,648 | |||
7 |
SOLE DISPOSITIVE POWER -0- | |||
8 |
SHARED DISPOSITIVE POWER 5,157,648 | |||
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,157,648 | |||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES | ¨ | ||
11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 2.2% | |||
12 |
TYPE OF REPORTING PERSON PN | |||
CUSIP No. 11120U105 | 13G | Page 8 of 25 Pages |
1 |
NAME OF REPORTING PERSON Centerbridge Special GP Investors, L.L.C. | |||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP |
(a) ¨ (b) x | ||
3 | SEC USE ONLY | |||
4 |
CITIZENSHIP OR PLACE OF ORGANIZATION Delaware | |||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 |
SOLE VOTING POWER -0- | ||
6 |
SHARED VOTING POWER 5,157,648 | |||
7 |
SOLE DISPOSITIVE POWER -0- | |||
8 |
SHARED DISPOSITIVE POWER 5,157,648 | |||
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,157,648 | |||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES | ¨ | ||
11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 2.2% | |||
12 |
TYPE OF REPORTING PERSON OO | |||
CUSIP No. 11120U105 | 13G | Page 9 of 25 Pages |
1 |
NAME OF REPORTING PERSON Centerbridge Credit Partners Offshore Intermediate III, L.P. | |||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP |
(a) ¨ (b) x | ||
3 | SEC USE ONLY | |||
4 |
CITIZENSHIP OR PLACE OF ORGANIZATION Delaware | |||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 |
SOLE VOTING POWER -0- | ||
6 |
SHARED VOTING POWER 2,042,508 | |||
7 |
SOLE DISPOSITIVE POWER -0- | |||
8 |
SHARED DISPOSITIVE POWER 2,042,508 | |||
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,042,508 | |||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES | ¨ | ||
11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.9% | |||
12 |
TYPE OF REPORTING PERSON PN | |||
CUSIP No. 11120U105 | 13G | Page 10 of 25 Pages |
1 |
NAME OF REPORTING PERSON Centerbridge Credit Partners Offshore General Partner, L.P. | |||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP |
(a) ¨ (b) x | ||
3 | SEC USE ONLY | |||
4 |
CITIZENSHIP OR PLACE OF ORGANIZATION Delaware | |||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 |
SOLE VOTING POWER -0- | ||
6 |
SHARED VOTING POWER 2,042,508 | |||
7 |
SOLE DISPOSITIVE POWER -0- | |||
8 |
SHARED DISPOSITIVE POWER 2,042,508 | |||
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,042,508 | |||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES | ¨ | ||
11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.9% | |||
12 |
TYPE OF REPORTING PERSON PN | |||
CUSIP No. 11120U105 | 13G | Page 11 of 25 Pages |
1 |
NAME OF REPORTING PERSON Centerbridge Credit Offshore GP Investors, L.L.C. | |||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP |
(a) ¨ (b) x | ||
3 | SEC USE ONLY | |||
4 |
CITIZENSHIP OR PLACE OF ORGANIZATION Delaware | |||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 |
SOLE VOTING POWER -0- | ||
6 |
SHARED VOTING POWER 2,042,508 | |||
7 |
SOLE DISPOSITIVE POWER -0- | |||
8 |
SHARED DISPOSITIVE POWER 2,042,508 | |||
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,042,508 | |||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES | ¨ | ||
11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.9% | |||
12 |
TYPE OF REPORTING PERSON OO | |||
CUSIP No. 11120U105 | 13G | Page 12 of 25 Pages |
1 |
NAME OF REPORTING PERSON Mark T. Gallogly | |||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP |
(a) ¨ (b) x | ||
3 | SEC USE ONLY | |||
4 |
CITIZENSHIP OR PLACE OF ORGANIZATION United States | |||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 |
SOLE VOTING POWER -0- | ||
6 |
SHARED VOTING POWER 18,147,113 | |||
7 |
SOLE DISPOSITIVE POWER -0- | |||
8 |
SHARED DISPOSITIVE POWER 18,147,113 | |||
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 18,147,113 | |||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES | ¨ | ||
11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 7.9% | |||
12 |
TYPE OF REPORTING PERSON IN | |||
CUSIP No. 11120U105 | 13G | Page 13 of 25 Pages |
1 |
NAME OF REPORTING PERSON Jeffrey H. Aronson | |||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP |
(a) ¨ (b) x | ||
3 | SEC USE ONLY | |||
4 |
CITIZENSHIP OR PLACE OF ORGANIZATION United States | |||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 |
SOLE VOTING POWER -0- | ||
6 |
SHARED VOTING POWER 18,147,113 | |||
7 |
SOLE DISPOSITIVE POWER -0- | |||
8 |
SHARED DISPOSITIVE POWER 18,147,113 | |||
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 18,147,113 | |||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES | ¨ | ||
11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 7.9% | |||
12 |
TYPE OF REPORTING PERSON IN | |||
CUSIP No. 11120U105 | 13G | Page 14 of 25 Pages |
Item 1(a). | NAME OF ISSUER |
The name of the issuer is Brixmor Property Group Inc. (the "Company"). |
Item 1(b). | ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES |
The Company's principal executive offices are located at 420 Lexington Avenue, New York, New York 10170. |
Item 2(a). | NAME OF PERSON FILING |
This statement is filed by: | ||
(i) | Centerbridge Credit Partners, L.P., a Delaware limited partnership ("CCP"), with respect to the Common Stock (as defined in Item 2(d) below) beneficially owned by it; | |
(ii) | Centerbridge Credit Partners TE Intermediate I, L.P., a Delaware limited partnership ("CCPTE"), with respect to the Common Stock beneficially owned by it; | |
(iii) | Centerbridge Credit Partners General Partner, L.P., a Delaware limited partnership ("CCPGP"), as general partner of CCP and CCPTE, with respect to the Common Stock beneficially owned by CCP and CCPTE; | |
(iv) | Centerbridge Credit GP Investors, L.L.C., a Delaware limited liability company ("CCGPI"), as general partner of CCPGP, with respect to the Common Stock beneficially owned by CCP and CCPTE; | |
(v) | Centerbridge Special Credit Partners, L.P., a Delaware limited partnership ("CSCP"), with respect to the Common Stock beneficially owned by it; | |
(vi) | Centerbridge Special Credit Partners General Partner, L.P., a Delaware limited partnership ("CSCPGP"), as general partner of CSCP, with respect to the Common Stock beneficially owned by CSCP; | |
(vii) | Centerbridge Special GP Investors, L.L.C., a Delaware limited liability company ("CSGPI"), as general partner of CSCPGP, with respect to the Common Stock beneficially owned by CSCP; | |
(viii) | Centerbridge Credit Partners Offshore Intermediate III, L.P., a Delaware limited partnership ("CCPOI") , with respect to the Common Stock beneficially owned by it; | |
(ix) | Centerbridge Credit Partners Offshore General Partner, L.P., a Delaware limited partnership ("CCPOGP"), as general partner of CCPOI, with respect to the Common Stock beneficially owned by CCPOI; | |
(x) | Centerbridge Credit Offshore GP Investors, L.L.C., a Delaware limited liability company ("CCOGPI"), as general partner of CCPOGP with respect to the Common Stock beneficially owned by CCPOI; | |
(xi) | Mark T. Gallogly ("Mr. Gallogly"), as managing member of CCGPI, CSGPI and CCOGPI, with respect to the Common Stock beneficially owned CCP, CCPTE, CSCP and CCPOI; and |
CUSIP No. 11120U105 | 13G | Page 15 of 25 Pages |
(xxii) | Jeffrey H. Aronson ("Mr. Aronson"), as managing member of CCGPI, CSGPI and CCOGPI, with respect to the Common Stock beneficially owned CCP, CCPTE, CSCP and CCPOI. | |
The foregoing persons are hereinafter sometimes collectively referred to as the "Reporting Persons." Any disclosures herein with respect to persons other than the Reporting Persons are made on information and belief after making inquiry to the appropriate party. |
Item 2(b). | ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE |
The address of the business office of each of the Reporting Persons is 375 Park Avenue, 12th Floor, New York, NY 10152. |
Item 2(c). | CITIZENSHIP |
CCP, CCPTE, CCPGP, CSCP, CSCPGP, CCPOI and CCPOGP are limited partnerships organized under the laws of the State of Delaware. CCGPI, CSGPI and CCOGPI are limited liability companies organized under the laws of the State of Delaware. Messrs. Gallogly and Aronson are citizens of the United States. |
Item 2(d). | TITLE OF CLASS OF SECURITIES |
Common Stock, $0.01 par value per share ("Common Stock"). |
Item 2(e). | CUSIP NUMBER |
11120U105 |
Item 3. | IF THIS STATEMENT IS FILED PURSUANT TO Rules 13d-1(b), OR 13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A: |
(a) | ¨ | Broker or dealer registered under Section 15 of the Act; | |
(b) | ¨ | Bank as defined in Section 3(a)(6) of the Act; | |
(c) | ¨ | Insurance company as defined in Section 3(a)(19) of the Act; | |
(d) | ¨ | Investment company registered under Section 8 of the Investment Company Act of 1940; | |
(e) | ¨ | An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); | |
(f) | ¨ |
An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F);
| |
(g) | ¨ |
A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G);
|
CUSIP No. 11120U105 | 13G | Page 16 of 25 Pages |
(h) | ¨ |
A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act;
| |
(i) | ¨ |
A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act;
| |
(j) | ¨ | A non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J); | |
(k) | ¨ | Group, in accordance with Rule 13d-1(b)(1)(ii)(K). |
If filing as a non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J), please | |||
specify the type of institution: |
Item 4. | OWNERSHIP |
This Schedule 13G reports beneficial ownership of the shares of Common Stock beneficially owned by the Reporting Persons as of the date hereof.
A. | Centerbridge Credit Partners, L.P. | ||||
(a) | Amount beneficially owned: 4,733,857 | ||||
(b) | Percent of class: 2.1%. The percentages used herein and in the rest of Item 4 are calculated based upon the 229,689,960 shares of Common Stock issued and outstanding as of December 2, 2013, as disclosed in the Company's Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2013 filed on December 3, 2013. | ||||
(c) | (i) | Sole power to vote or direct the vote: -0- | |||
(ii) | Shared power to vote or direct the vote: 4,733,857 | ||||
(iii) | Sole power to dispose or direct the disposition: -0- | ||||
(iv) |
Shared power to dispose or direct the disposition of: 4,733,857
| ||||
CCP has the power to dispose of and the power to vote the shares of Common Stock beneficially owned by it, which powers may also be exercised by CCPGP, its general partner and by CCGPI, the general partner of CCPGP. Neither of CCPGP nor CCGPI directly owns any of the shares of Common Stock. By reason of the provisions of Rule 13d-3 of the Act, each may be deemed to beneficially own the shares of Common Stock beneficially owned by CCP. However, none of the foregoing should be construed in and of itself as an admission by CCPGP or CCGPI or by any Reporting Person as to beneficial ownership of the shares of Common Stock owned by another Reporting Person. In addition, each of CCPGP and CCGPI expressly disclaims beneficial ownership of the shares of Common Stock owned by CCP. |
CUSIP No. 11120U105 | 13G | Page 17 of 25 Pages |
B. | Centerbridge Credit Partners TE Intermediate I, L.P. | ||||
(a) | Amount beneficially owned: 6,213,100 | ||||
(b) | Percent of class: 2.7% | ||||
(c) | (i) | Sole power to vote or direct the vote: -0- | |||
(ii) | Shared power to vote or direct the vote: 6,213,100 | ||||
(iii) | Sole power to dispose or direct the disposition: -0- | ||||
(iv) | Shared power to dispose or direct the disposition of: 6,213,100 | ||||
CCPTE has the power to dispose of and the power to vote the shares of Common Stock beneficially owned by it, which powers may also be exercised by CCPGP, its general partner and by CCGPI, the general partner of CCPGP. Neither of CCPGP nor CCGPI directly owns any of the shares of Common Stock. By reason of the provisions of Rule 13d-3 of the Act, each may be deemed to beneficially own the shares of Common Stock beneficially owned by CCPTE. However, none of the foregoing should be construed in and of itself as an admission by CCPGP or CCGPI or by any Reporting Person as to beneficial ownership of the shares of Common Stock owned by another Reporting Person. In addition, each of CCPGP and CCGPI expressly disclaims beneficial ownership of the shares of Common Stock owned by CCPTE. |
C. | Centerbridge Credit Partners General Partner, L.P. and Centerbridge Credit GP Investors, L.L.C. | ||||
(a) | Amount beneficially owned: 10,946,957 | ||||
(b) | Percent of class: 4.8% | ||||
(c) | (i) | Sole power to vote or direct the vote: -0- | |||
(ii) | Shared power to vote or direct the vote: 10,946,957 | ||||
(iii) | Sole power to dispose or direct the disposition: -0- | ||||
(iv) | Shared power to dispose or direct the disposition of: 10,946,957 | ||||
Each of CCP and CCPTE has the power to dispose of and the power to vote the shares of Common Stock beneficially owned by it, which powers may also be exercised by CCPGP, its general partner and by CCGPI, the general partner of CCPGP. Neither of CCPGP nor CCGPI directly owns any of the shares of Common Stock. By reason of the provisions of Rule 13d-3 of the Act, each may be deemed to beneficially own the shares of Common Stock beneficially owned by CCP and CCPTE. However, none of the foregoing should be construed in and of itself as an admission by CCPGP or CCGPI or by any Reporting Person as to beneficial ownership of the shares of Common Stock owned by another Reporting Person. In addition, each of CCPGP and CCGPI expressly disclaims beneficial ownership of the shares of Common Stock owned by CCP and CCPTE. |
D. | Centerbridge Special Credit Partners, L.P., Centerbridge Special Credit Partners General Partner, L.P. and Centerbridge Special GP Investors, L.L.C. | ||||
(a) | Amount beneficially owned: 5,157,648 | ||||
(b) | Percent of class: 2.2% | ||||
(c) | (i) | Sole power to vote or direct the vote: -0- | |||
(ii) | Shared power to vote or direct the vote: 5,157,648 | ||||
(iii) | Sole power to dispose or direct the disposition: -0- | ||||
(iv) | Shared power to dispose or direct the disposition of: 5,157,648 |
CUSIP No. 11120U105 | 13G | Page 18 of 25 Pages |
CSCP has the power to dispose of and the power to vote the shares of Common Stock beneficially owned by it, which powers may also be exercised by CSCPGP, its general partner and by CSGPI, the general partner of CSCPGP. Neither of CSCPGP nor CSGPI directly owns any of the shares of Common Stock. By reason of the provisions of Rule 13d-3 of the Act, each may be deemed to beneficially own the shares of Common Stock beneficially owned by CSCP. However, none of the foregoing should be construed in and of itself as an admission by CSCPGP or CSGPI or by any Reporting Person as to beneficial ownership of the shares of Common Stock owned by another Reporting Person. In addition, each of CSCPGP and CSGPI expressly disclaims beneficial ownership of the shares of Common Stock owned by CSCP.
| |||||
E. | Centerbridge Credit Partners Offshore Intermediate III, L.P., Centerbridge Credit Partners Offshore General Partner, L.P. and Centerbridge Credit Offshore GP Investors, L.L.C. | ||||
(a) | Amount beneficially owned: 2,042,508 | ||||
(b) | Percent of class: 0.9% | ||||
(c) | (i) | Sole power to vote or direct the vote: -0- | |||
(ii) | Shared power to vote or direct the vote: 2,042,508 | ||||
(iii) | Sole power to dispose or direct the disposition: -0- | ||||
(iv) |
Shared power to dispose or direct the disposition of: 2,042,508
| ||||
CCPOI has the power to dispose of and the power to vote the shares of Common Stock beneficially owned by it, which powers may also be exercised by CCPOGP, its general partner and by CCOGPI, the general partner of CCPOGP. Neither of CCPOGP nor CCOGPI directly owns any of the shares of Common Stock. By reason of the provisions of Rule 13d-3 of the Act, each may be deemed to beneficially own the shares of Common Stock beneficially owned by CCPOI. However, none of the foregoing should be construed in and of itself as an admission by CCPOGP or CCOGPI or by any Reporting Person as to beneficial ownership of the shares of Common Stock owned by another Reporting Person. In addition, each of CCPOGP and CCOGPI expressly disclaims beneficial ownership of the shares of Common Stock owned by CCPOI. |
F. | Mark T. Gallogly and Jeffrey Aronson | ||||
(a) | Amount beneficially owned: 18,147,113 | ||||
(b) | Percent of class: 7.9% | ||||
(c) | (i) | Sole power to vote or direct the vote: -0- | |||
(ii) | Shared power to vote or direct the vote: 18,147,113 | ||||
(iii) | Sole power to dispose or direct the disposition: -0- | ||||
(iv) |
Shared power to dispose or direct the disposition of: 18,147,113
| ||||
Messrs. Gallogly and Aronson, as managing members of CCGPI, CSGPI and CCOGPI, share power to vote the Common Stock beneficially owned by CCP, CCPTE, CSCP and CCPOI. Neither Mr. Gallogly nor Mr. Aronson directly owns any of the shares of Common Stock. By reason of the provisions of Rule 13d-3 of the Act, each may be deemed to beneficially own the shares of Common Stock beneficially owned by CCP, CCPTE, CSCP and CCPOI. However, none of the foregoing should be construed in and of itself as an admission by Messrs. Gallogly or Aronson or by any Reporting Person as to beneficial ownership of the shares of Common Stock owned by another Reporting Person. In addition, each of Mr. Gallogly and Mr. Aronson expressly disclaims beneficial ownership of the shares of Common Stock owned by any of CCP, CCPTE, CSCP and CCPOI. |
CUSIP No. 11120U105 | 13G | Page 19 of 25 Pages |
Item 5. | OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS |
Not applicable. |
Item 6. | OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON |
Not applicable. |
Item 7. | IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY OR CONTROL PERSON |
Not applicable. |
Item 8. | IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP |
Not applicable. |
Item 9. | NOTICE OF DISSOLUTION OF GROUP |
Not applicable. |
Item 10. | CERTIFICATION |
Each of the Reporting Persons hereby makes the following certification: | |
By signing below each of the Reporting Persons certifies that, to the best of its or his knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. | |
CUSIP No. 11120U105 | 13G | Page 20 of 25 Pages |
SIGNATURES
After reasonable inquiry and to the best of his or its knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.
DATED: February 14, 2014
CENTERBRIDGE CREDIT PARTNERS, L.P. | |
By: Centerbridge Credit Partners General Partner, L.P., its general partner | |
By: Centerbridge Credit GP Investors, L.L.C., its general partner | |
/s/ Jeffrey H. Aronson | |
Name: Jeffrey H. Aronson | |
Title: Authorized Signatory | |
CENTERBRIDGE CREDIT PARTNERS TE | |
INTERMEDIATE I, L.P. | |
By: Centerbridge Credit Partners General Partner, L.P., its general partner | |
By: Centerbridge Credit GP Investors, L.L.C., its general partner | |
/s/ Jeffrey H. Aronson | |
Name: Jeffrey H. Aronson | |
Title: Authorized Signatory | |
CENTERBRIDGE CREDIT PARTNERS GENERAL PARTNER, L.P. | |
By: Centerbridge Credit GP Investors, L.L.C., its general partner | |
/s/ Jeffrey H. Aronson | |
Name: Jeffrey H. Aronson | |
Title: Authorized Signatory | |
CENTERBRIDGE CREDIT GP INVESTORS, L.L.C. | |
/s/ Jeffrey H. Aronson | |
Name: Jeffrey H. Aronson | |
Title: Authorized Signatory |
CUSIP No. 11120U105 | 13G | Page 21 of 25 Pages |
CENTERBRIDGE SPECIAL CREDIT PARTNERS, | ||
L.P. | ||
By: | Centerbridge Special Credit Partners | |
General Partner, L.P., | ||
its general partner | ||
By: | Centerbridge Special GP Investors, L.L.C., its | |
general partner | ||
/s/ Jeffrey H. Aronson | ||
Name: Jeffrey H. Aronson | ||
Title: Authorized Signatory | ||
CENTERBRIDGE SPECIAL CREDIT PARTNERS GENERAL PARTNER, L.P. | ||
By: Centerbridge Special GP Investors, L.L.C., its general partner | ||
/s/ Jeffrey H. Aronson | ||
Name: Jeffrey H. Aronson | ||
Title: Authorized Signatory | ||
CENTERBRIDGE SPECIAL GP INVESTORS, | ||
L.L.C. | ||
/s/ Jeffrey H. Aronson | ||
Name: Jeffrey H. Aronson | ||
Title: Authorized Signatory | ||
CENTERBRIDGE CREDIT PARTNERS OFFSHORE | ||
INTERMEDIATE III, L.P. | ||
By: Centerbridge Credit Partners Offshore General | ||
Partner, L.P., its general partner | ||
By: Centerbridge Credit Offshore GP Investors, | ||
L.L.C., its general partner | ||
/s/ Jeffrey H. Aronson | ||
Name: Jeffrey H. Aronson | ||
Title: Authorized Signatory | ||
CUSIP No. 11120U105 | 13G | Page 22 of 25 Pages |
Centerbridge Credit Partners OFFSHORE | |
General Partner, L.P. | |
By: Centerbridge Credit Offshore GP Investors, | |
L.L.C., its general partner | |
/s/ Jeffrey H. Aronson | |
Name: Jeffrey H. Aronson | |
Title: Authorized Signatory | |
Centerbridge Credit Offshore GP | |
Investors, L.L.C. | |
/s/ Jeffrey H. Aronson | |
Name: Jeffrey H. Aronson | |
Title: Authorized Signatory | |
MARK T. GALLOGLY | |
/S/ Mark T. Gallogly | |
JEFFREY H. ARONSON | |
/s/ Jeffrey H. Aronson | |
CUSIP No. 11120U105 | 13G | Page 23 of 25 Pages |
EXHIBIT 1
JOINT FILING AGREEMENT
PURSUANT TO RULE 13d-1(k)
The undersigned acknowledge and agree that the foregoing statement on Schedule 13G is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13G shall be filed on behalf of each of the undersigned without the necessity of filing additional joint filing agreements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him or it contained herein and therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent that he or it knows or has reason to believe that such information is inaccurate.
DATED: February 14, 2014
CENTERBRIDGE CREDIT PARTNERS, L.P. | |
By: Centerbridge Credit Partners General Partner, L.P., its general partner | |
By: Centerbridge Credit GP Investors, L.L.C., its general partner | |
/s/ Jeffrey H. Aronson | |
Name: Jeffrey H. Aronson | |
Title: Authorized Signatory | |
CENTERBRIDGE CREDIT PARTNERS TE | |
INTERMEDIATE I, L.P. | |
By: Centerbridge Credit Partners General Partner, L.P., its general partner | |
By: Centerbridge Credit GP Investors, L.L.C., its general partner | |
/s/ Jeffrey H. Aronson | |
Name: Jeffrey H. Aronson | |
Title: Authorized Signatory | |
CENTERBRIDGE CREDIT PARTNERS GENERAL PARTNER, L.P. | |
By: Centerbridge Credit GP Investors, L.L.C., its general partner | |
/s/ Jeffrey H. Aronson | |
Name: Jeffrey H. Aronson | |
Title: Authorized Signatory |
CUSIP No. 11120U105 | 13G | Page 24 of 25 Pages |
CENTERBRIDGE CREDIT GP INVESTORS, L.L.C. | |
/s/ Jeffrey H. Aronson | |
Name: Jeffrey H. Aronson | |
Title: Authorized Signatory |
CENTERBRIDGE SPECIAL CREDIT PARTNERS, | ||
L.P. | ||
By: | Centerbridge Special Credit Partners | |
General Partner, L.P., | ||
its general partner | ||
By: | Centerbridge Special GP Investors, L.L.C., its | |
general partner | ||
/s/ Jeffrey H. Aronson | ||
Name: Jeffrey H. Aronson | ||
Title: Authorized Signatory | ||
CENTERBRIDGE SPECIAL CREDIT PARTNERS GENERAL PARTNER, L.P. | ||
By: Centerbridge Special GP Investors, L.L.C., its general partner | ||
/s/ Jeffrey H. Aronson | ||
Name: Jeffrey H. Aronson | ||
Title: Authorized Signatory | ||
CENTERBRIDGE SPECIAL GP INVESTORS, | ||
L.L.C. | ||
/s/ Jeffrey H. Aronson | ||
Name: Jeffrey H. Aronson | ||
Title: Authorized Signatory | ||
CENTERBRIDGE CREDIT PARTNERS OFFSHORE | ||
INTERMEDIATE III, L.P. | ||
By: Centerbridge Credit Partners Offshore General | ||
Partner, L.P., its general partner | ||
By: Centerbridge Credit Offshore GP Investors, | ||
L.L.C., its general partner | ||
/s/ Jeffrey H. Aronson | ||
Name: Jeffrey H. Aronson | ||
Title: Authorized Signatory |
CUSIP No. 11120U105 | 13G | Page 25 of 25 Pages |
Centerbridge Credit Partners OFFSHORE | |
General Partner, L.P. | |
By: Centerbridge Credit Offshore GP Investors, | |
L.L.C., its general partner | |
/s/ Jeffrey H. Aronson | |
Name: Jeffrey H. Aronson | |
Title: Authorized Signatory | |
Centerbridge Credit Offshore GP | |
Investors, L.L.C. | |
/s/ Jeffrey H. Aronson | |
Name: Jeffrey H. Aronson | |
Title: Authorized Signatory | |
MARK T. GALLOGLY | |
/S/ Mark T. Gallogly | |
JEFFREY H. ARONSON | |
/s/ Jeffrey H. Aronson |