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UNITED STATES |
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SECURITIES AND EXCHANGE COMMISSION |
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Washington, DC 20549 |
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SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b) (c), AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2
(Amendment No. 1)*
Eagle Bulk Shipping Inc.
(Name of Issuer)
Common Stock, par value $0.01 per share
(Title of Class of Securities)
Y2187A119
(CUSIP Number)
December 31, 2011
(Date of Event which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed.
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Rule 13d-1(b) |
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Rule 13d-1(c) |
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Rule 13d-1(d) |
*The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter 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, as amended (the Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act.
CUSIP No. Y2187A119 |
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Sole Voting Power | ||||
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(1) Based upon an aggregate of 15,771,496 shares of common stock outstanding as of August 9, 2012, as reported by the Issuer on Form 10-Q/A filed on August 14, 2012.
CUSIP No. Y2187A119 |
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* Solely in its capacity as the general partner of Oaktree Value Opportunities Fund Holdings, L.P. |
CUSIP No. Y2187A119 |
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* Solely in its capacity as the general partner of Oaktree Value Opportunities Fund GP, L.P. |
SCHEDULE 13G
CUSIP No. Y2187A119 |
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* Solely in its capacity as the sole shareholder of Oaktree Value Opportunities Fund GP Ltd.
SCHEDULE 13G
CUSIP No. Y2187A119 |
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* Solely in its capacity as the general partner of Oaktree Fund GP I, L.P. |
SCHEDULE 13G
CUSIP No. Y2187A119 |
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* Solely in its capacity as the general partner of Oaktree Capital I, L.P. |
SCHEDULE 13G
CUSIP No. Y2187A119 |
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* Solely in its capacity as the managing member of Oaktree Holdings I, LLC |
SCHEDULE 13G
CUSIP No. Y2187A119 |
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* Solely in its capacity as the managing member of Oaktree Holdings, LLC |
SCHEDULE 13G
CUSIP No. Y2187A119 |
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* Solely in its capacity as the holder of the majority of voting units of Oaktree Capital Group, LLC |
SCHEDULE 13G
CUSIP No. Y2187A119 |
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* Solely in its capacity as the general partner of Oaktree Capital Group Holdings, L.P. |
This Amendment No. 1 (this Amendment No. 1) amends the statement on Schedule 13G filed on July 22, 2011, filed jointly by (1) Oaktree Value Opportunities Fund Holdings, L.P., a Delaware limited partnership (VOF Holdings); (2) Oaktree Value Opportunities Fund GP, L.P., a Cayman Islands limited partnership (VOF GP), acting in its capacity as the general partner of VOF Holdings; (3) Oaktree Value Opportunities Fund GP Ltd., a Cayman Islands exempted company (VOF GP Ltd.), acting in its capacity as the general partner of VOF GP; (4) Oaktree Fund GP I, L.P., a Delaware limited partnership (GP I), acting in its capacity as the sole and controlling shareholder of VOF GP Ltd.; (5) Oaktree Capital I, L.P., a Delaware limited partnership (Capital I), acting in its capacity as the sole general partner of GP I; (6) OCM Holdings I, LLC, a Delaware limited liability company (Holdings I), acting in its capacity as the sole general partner of Capital I; (7) Oaktree Holdings, LLC, a Delaware limited liability company (Holdings), acting in its capacity as the managing member of Holdings I; (8) Oaktree Capital Group, LLC, a Delaware limited liability company (OCG), acting in its capacity as the managing member of Holdings; (9) Oaktree Capital Group Holdings, L.P., a Delaware limited partnership (OCGH), acting in its capacity as holder of the majority of voting units of OCG; and (10) Oaktree Capital Group Holdings GP, LLC, a Delaware limited liability company (OCGH GP), acting in its capacity as the sole general partner of OCGH.
Capitalized terms used in this Amendment No. 1 and not otherwise defined herein have the respective meanings given in the Schedule 13G.
ITEM 2.
Section (e) of Item 2 is hereby amended and restated as follows:
(e) CUSIP Number:
Y2187A119
ITEM 4. Ownership.
Item 4 is hereby amended and restated as follows:
(a)-(c) Amount Beneficially Owned; Percent of Class; Sole or Shared Power to Vote or Direct the Vote:
The information contained on the cover pages of this Schedule 13G is incorporated herein by reference.
VOF Holdings directly holds 1,543,750 shares of the Issuers Common Stock constituting 9.8% of the total issued and outstanding shares of the Issuers Common Stock and has the sole power to vote and dispose of such shares. VOF GP, in its capacity as the general partner of VOF Holdings, has the ability to direct the management of VOF Holdings business, including the power to vote and dispose of securities held by VOF Holdings; therefore, VOF GP may be deemed to beneficially own the shares of Common Stock of the Issuer held by VOF Holdings. VOF GP Ltd., in its capacity as the general partner of VOF GP, has the ability to direct the management of VOF GPs business, including the power to direct the decisions of VOF GP regarding the vote and disposition of securities held by VOF Holdings; therefore, VOF GP Ltd. may be deemed to have indirect beneficial ownership of the shares of the Issuers Common Stock held by VOF Holdings.
GP I, in its capacity as the sole shareholder of VOF GP Ltd., has the ability to appoint and remove the directors of VOF GP Ltd. As such, GP I controls the decisions of VOF GP Ltd. regarding the vote and disposition of the securities held by each of VOF Holdings; therefore, GP I may be deemed to have indirect beneficial ownership of 1,543,750 shares of the Issuers Common Stock held by the Oaktree Funds in the aggregate or 9.8% of the total issued and outstanding shares of the Issuers Common Stock.
Capital I, in its capacity as the general partner of GP I, has the ability to direct the management of GP Is business, including the power to direct the decisions of GP I regarding the vote and disposition of all securities held
by VOF Holdings; therefore, Capital I may be deemed to have indirect beneficial ownership of the shares of the Issuers Common Stock held by VOF Holdings.
Holdings I, in its capacity as the general partner of Capital I, has the ability to direct the management of Capital Is business, including the power to direct the decisions of Capital I regarding the vote and disposition of all securities held by VOF Holdings; therefore, Holdings I may be deemed to have indirect beneficial ownership of the shares of the Issuers Common Stock held by VOF Holdings.
Holdings, in its capacity as the managing member of Holdings I, has the ability to direct the management of Holding Is business, including the power to direct the decisions of Holdings I regarding the vote and disposition of all securities held by VOF Holdings; therefore, Holdings may be deemed to have indirect beneficial ownership of the shares of the Issuers Common Stock held by VOF Holdings.
OCG, in its capacity as the managing member of Holdings, has the ability to direct the management of Holdings business, including the power to direct the decisions of Holdings regarding the vote and disposition of all securities held by VOF Holdings; therefore, OCG may be deemed to have indirect beneficial ownership of the shares of the Issuers Common Stock held by VOF Holdings.
OCGH, in its capacity as the majority holder of the voting units of OCG, has the ability to appoint and remove directors of OCG and, as such, may indirectly control the decisions of OCG regarding the vote and disposition of all securities held by VOF Holdings; therefore, OCGH may be deemed to have indirect beneficial ownership of the shares of the Issuers Common Stock held by VOF Holdings.
OCGH GP, in its capacity as the general partner of OCGH, has the ability to direct the management of OCGHs business, including the power to direct the decisions of OCGH regarding the vote and disposition of all securities held by VOF Holdings; therefore, OCGH GP may be deemed to have indirect beneficial ownership of the shares of the Issuers Common Stock held by VOF Holdings.
Pursuant to Rule 13d-4 of the Exchange Act, the Reporting Persons declare that filing this Statement shall not be construed as an admission that any such person is, for the purposes of Section 13(d) and/or Section 13(g) of the Exchange Act, the beneficial owner of any securities covered by this Statement except to the extent of such persons pecuniary interest in the shares of Common Stock, and except to the extent of its pecuniary interest, such beneficial ownership is expressly disclaimed by each Reporting Person.
All ownership percentages of the securities reported in this Statement are based upon 15,771,496 shares of Common Stock outstanding as of August 9, 2012, as reported by the Issuer in its most recent Quarterly Report on Form 10-Q/A on August 14, 2012.
ITEM 10. Certification.
By signing below I certify that, to the best of my 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.
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.
Dated as of October 1, 2012
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OAKTREE VALUE OPPORTUNITIES FUND HOLDINGS, L.P. | ||
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Oaktree Value Opportunities Fund GP, L.P. | |
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its General Partner | |
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Oaktree Value Opportunities Fund GP Ltd. | |
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its General Partner | |
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Oaktree Capital Management, L.P. | |
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its Director | |
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By: |
/s/ Lisa Arakaki | |
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Name: Lisa Arakaki | |
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Title: Managing Director | |
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By: |
/s/ Martin Boskovich | |
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Name: Martin Boskovich | |
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Title: Senior Vice President, Legal | |
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OAKTREE VALUE OPPORTUNITIES FUND GP, L.P. | ||
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By: |
Oaktree Value Opportunities Fund GP Ltd. | |
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its General Partner | |
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Oaktree Capital Management, L.P. | |
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its Director | |
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By: |
/s/ Lisa Arakaki | |
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Name: Lisa Arakaki | |
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Title: Managing Director | |
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By: |
/s/ Martin Boskovich | |
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Name: Martin Boskovich | |
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Title: Senior Vice President, Legal | |
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OAKTREE VALUE OPPORTUNITIES FUND GP LTD. | ||
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Oaktree Capital Management, L.P. | |
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its Director | |
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By: |
/s/ Lisa Arakaki | |
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Name: Lisa Arakaki | |
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Title: Managing Director | |
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By: |
/s/ Martin Boskovich | |
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Name: Martin Boskovich | |
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Title: Senior Vice President, Legal | |
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OAKTREE FUND GP I, L.P. | ||
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By: |
/s/ Lisa Arakaki | |
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Name: Lisa Arakaki | |
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Title: Authorized Signatory | |
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By: |
/s/ Martin Boskovich | |
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Name: Martin Boskovich | |
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Title: Authorized Signatory | |
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OAKTREE CAPITAL I, L.P. | ||
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By: |
OCM Holdings I, LLC, | |
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its General Partner | |
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By: |
/s/ Lisa Arakaki | |
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Name: Lisa Arakaki | |
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Title: Managing Director | |
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By: |
/s/ Martin Boskovich | |
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Name: Martin Boskovich | |
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Title: Senior Vice President | |
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OCM HOLDINGS I, LLC | ||
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By: |
/s/ Lisa Arakaki | |
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Name: Lisa Arakaki | |
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Title: Managing Director | |
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By: |
/s/ Martin Boskovich | |
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Name: Martin Boskovich | |
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Title: Senior Vice President | |
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OAKTREE HOLDINGS, LLC | ||
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By: |
Oaktree Capital Group, LLC, | |
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its Managing Member | |
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By: |
/s/ Lisa Arakaki | |
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Name: Lisa Arakaki | |
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Title: Managing Director and Assistant Secretary | |
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By: |
/s/ Martin Boskovich | |
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Name: Martin Boskovich | |
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Title: Senior Vice President | |
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OAKTREE CAPITAL GROUP, LLC | ||
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By: |
/s/ Lisa Arakaki | |
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Name: Lisa Arakaki | |
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Title: Managing Director and Assistant Secretary | |
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By: |
/s/ Martin Boskovich | |
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Name: Martin Boskovich | |
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Title: Senior Vice President | |
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OAKTREE CAPITAL GROUP HOLDINGS, L.P. | ||
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By: |
Oaktree Capital Group Holdings GP, LLC, | |
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its General Partner | |
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By: |
/s/ Lisa Arakaki | |
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Name: Lisa Arakaki | |
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Title: Managing Director | |
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By: |
/s/ Martin Boskovich | |
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Name: Martin Boskovich | |
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Title: Senior Vice President | |