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Filing Details

Accession Number:: 0001567619-19-008383
Form Type:: 13G Filing
Publication Date:: 2019-04-04 13:11:49

Filed By:: Glendon Capital Management
Company:: Glendon Capital Management Lp
Filing Date:: 2019-04-04
SEC Url:: 13G Filing

Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name	Sole Voting Power	Shared Voting Power	Sole Dispositive Power	Shared Dispositive Power	Aggregate Amount Owned Power	Percent of Class
Glendon Capital Management	6,403,167	0	6,403,167	0	6,403,167	16.06%
Matthew Barrett	6,403,167	0	6,403,167	0	6,403,167	16.06%
Holly Kim	6,403,167	0	6,403,167	0	6,403,167	16.06%
Eitan Melamed	6,403,167	0	6,403,167	0	6,403,167	16.06%
Brian Berman	6,403,167	0	6,403,167	0	6,403,167	16.06%
Michael Keegan	6,403,167	0	6,403,167	0	6,403,167	16.06%
Christopher Sayer	6,403,167	0	6,403,167	0	6,403,167	16.06%
Glendon Opportunities Fund	4,668,964	7	4,668,964	9	4,668,964	11.71%

Filing

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. 01)*

Stealthgas Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

Y81669106

(CUSIP Number)

March 06, 2019

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

x Rule 13d-1(b)

x Rule 13d-1(c)

o Rule 13d-1(d)

* 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.

Y81669106


1	NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
	Glendon Capital Management LP 46-1394333

2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
	(a) o
	(b) o

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

			6,403,167

		6	SHARED VOTING POWER

			0

		7	SOLE DISPOSITIVE POWER

			6,403,167

		8	SHARED DISPOSITIVE POWER

			0

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

	6,403,167

10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

	o

11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

	16.06%

12	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

	IA , HC
	FOOTNOTES

	Glendon Capital Management LP crossed the 15% threshold of ownership of common stock on March 15, 2019. The amount listed is reflective of holdings as of the filing date of this amendment. Percentage ownership is based on 39,860,563 shares outstanding of the issuer’s common stock as reported in the issuer’s 6K dated as of November 23, 2018.

CUSIP No.

Y81669106


1	NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
	Matthew Barrett

2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
	(a) o
	(b) o

3	SEC USE ONLY



4	CITIZENSHIP OR PLACE OF ORGANIZATION

	U.S. citizen

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:		5	SOLE VOTING POWER

			6,403,167

		6	SHARED VOTING POWER

			0

		7	SOLE DISPOSITIVE POWER

			6,403,167

		8	SHARED DISPOSITIVE POWER

			0

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

	6,403,167

10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

	o

11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

	16.06%

12	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

	IA , HC
	FOOTNOTES

CUSIP No.

Y81669106


1	NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
	Holly Kim

2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
	(a) o
	(b) o

3	SEC USE ONLY



4	CITIZENSHIP OR PLACE OF ORGANIZATION

	U.S. citizen

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:		5	SOLE VOTING POWER

			6,403,167

		6	SHARED VOTING POWER

			0

		7	SOLE DISPOSITIVE POWER

			6,403,167

		8	SHARED DISPOSITIVE POWER

			0

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

	6,403,167

10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

	o

11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

	16.06%

12	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

	IA , HC
	FOOTNOTES

CUSIP No.

Y81669106


1	NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
	Eitan Melamed

2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
	(a) o
	(b) o

3	SEC USE ONLY



4	CITIZENSHIP OR PLACE OF ORGANIZATION

	U.S. citizen

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:		5	SOLE VOTING POWER

			6,403,167

		6	SHARED VOTING POWER

			0

		7	SOLE DISPOSITIVE POWER

			6,403,167

		8	SHARED DISPOSITIVE POWER

			0

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

	6,403,167

10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

	o

11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

	16.06%

12	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

	IA , HC
	FOOTNOTES

CUSIP No.

Y81669106


1	NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
	Brian Berman

2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
	(a) o
	(b) o

3	SEC USE ONLY



4	CITIZENSHIP OR PLACE OF ORGANIZATION

	U.S. citizen

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:		5	SOLE VOTING POWER

			6,403,167

		6	SHARED VOTING POWER

			0

		7	SOLE DISPOSITIVE POWER

			6,403,167

		8	SHARED DISPOSITIVE POWER

			0

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

	6,403,167

10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

	o

11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

	16.06%

12	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

	IA , HC
	FOOTNOTES

CUSIP No.

Y81669106


1	NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
	Michael Keegan

2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
	(a) o
	(b) o

3	SEC USE ONLY



4	CITIZENSHIP OR PLACE OF ORGANIZATION

	U.S. citizen

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:		5	SOLE VOTING POWER

			6,403,167

		6	SHARED VOTING POWER

			0

		7	SOLE DISPOSITIVE POWER

			6,403,167

		8	SHARED DISPOSITIVE POWER

			0

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

	6,403,167

10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

	o

11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

	16.06%

12	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

	IA , HC
	FOOTNOTES

CUSIP No.

Y81669106


1	NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
	Christopher Sayer

2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
	(a) o
	(b) o

3	SEC USE ONLY



4	CITIZENSHIP OR PLACE OF ORGANIZATION

	U.S. citizen

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:		5	SOLE VOTING POWER

			6,403,167

		6	SHARED VOTING POWER

			0

		7	SOLE DISPOSITIVE POWER

			6,403,167

		8	SHARED DISPOSITIVE POWER

			0

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

	6,403,167

10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

	o

11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

	16.06%

12	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

	IA , HC
	FOOTNOTES

CUSIP No.

Y81669106


1	NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
	Glendon Opportunities Fund, LP

2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
	(a) o
	(b) o

3	SEC USE ONLY



4	CITIZENSHIP OR PLACE OF ORGANIZATION

	Cayman Islands

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:		5	SOLE VOTING POWER

			4,668,964

		6	SHARED VOTING POWER



		7	SOLE DISPOSITIVE POWER

			4,668,964

		8	SHARED DISPOSITIVE POWER



9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

	4,668,964

10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

	o

11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

	11.71%

12	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

	FI
	FOOTNOTES

	Glendon Opportunities Fund, LP crossed the 10% threshold of ownership of common stock on March 6, 2019. The amount listed is reflective of holdings as of the filing date of this amendment. Percentage ownership is based on 39,860,563 shares outstanding of the issuer’s common stock as reported in the issuer’s 6K dated as of November 23, 2018.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

	Glendon Capital Management, LP

Date: April 04, 2019	By:	/s/ Michael Keegan
		Name: Michael Keegan
		Title: Chief Compliance Officer / Partner

	Glendon Capital Management, L.P.

Date: April 04, 2019	By:	/s/ Matthew S. Barrett
		Name: Matthew S. Barrett
		Title: Partner

	Glendon Capital Management, L.P.

Date: April 04, 2019	By:	/s/ Holly Kim
		Name: Holly Kim
		Title: Partner

	Glendon Capital Management, L.P.

Date: April 04, 2019	By:	/s/ Eitan Melamed
		Name: Eitan Melamed
		Title: Partner

	Glendon Capital Management, L.P.

Date: April 04, 2019	By:	/s/ Brian Berman
		Name: Brian Berman
		Title: Partner

	Glendon Capital Management, L.P.

Date: April 04, 2019	By:	/s/ Christopher Sayer
		Name: Christopher Sayer
		Title: Partner

	Glendon Capital Management, L.P.

Date: April 04, 2019	By:	/s/ Michael Keegan
		Name: Michael Keegan
		Title: Chief Compliance Officer / Partner

	Glendon Opportunities Fund, L.P.

Date: April 04, 2019	By:	/s/ Michael Keegan
		Name: Michael Keegan
		Title: on behalf of General Partner Glendon Capital Associates

Footnotes:

EXHIBIT A
Joint Filing Agreement Pursuant to Rule 13d-1

This agreement is made pursuant to Rule 13d-1(k)(1) under the Securities Exchange Act of 1934 (the “Act”) by and among the parties listed above, each referred to herein as a “Joint Filer.” The Joint Filers agree that a statement of beneficial ownership as required by Sections 13(g) or 13(d) of the Act and the Rules thereunder may be filed on each of their behalf on Schedule 13G or Schedule 13D, as appropriate, and that said joint filing may thereafter be amended by further joint filings. The Joint Filers state that they each satisfy the requirements for making a joint filing under Rule 13d-1(k)(1) .

Attention:

Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001)