Banner Corp (BANR): Billionaire Howard Marks Designates Doyle Arnold to Board of Directors

CUSIP No. 06652V208

Schedule 13D

(1)

Names of Reporting Persons
Oaktree Principal Fund V (Delaware), L.P.

(2)

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)

 x

(b)

 o

(3)

SEC Use Only

(4)

Source of Funds (See Instructions)
OO (See Item 3)

(5)

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

(6)

Citizenship or Place of Organization
Delaware

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:

(7)

Sole Voting Power
0

(8)

Shared Voting Power
2,232,531 (See Item 5)

(9)

Sole Dispositive Power
0

(10)

Shared Dispositive Power
2,232,531 (See Item 5)

(11)

Aggregate Amount Beneficially Owned by Each Reporting Person
2,232,531 (See Item 5)

(12)

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

(13)

Percent of Class Represented by Amount in Row (11)
6.52% (See Item 5) (1)

(14)

Type of Reporting Person (See Instructions)
PN