Home/Filings/4/0000902664-21-003943
4//SEC Filing

Centerbridge Credit Partners Offshore General Partner, L.P. 4

Accession 0000902664-21-003943

CIK 0001326200other

Filed

Aug 17, 8:00 PM ET

Accepted

Aug 18, 9:26 PM ET

Size

58.1 KB

Accession

0000902664-21-003943

Insider Transaction Report

Form 4
Period: 2021-08-16
Transactions
  • Sale

    Common Stock

    2021-08-16$17.75/sh25,455$451,864135,008 total(indirect: See footnotes)
  • Sale

    Common Stock, par value $0.01 per share ("Common Stock")

    2021-08-16$17.75/sh47,160$837,161250,125 total(indirect: See footnotes)
  • Sale

    Common Stock

    2021-08-18$17.97/sh68,854$1,237,5610 total(indirect: See footnotes)
  • Sale

    Common Stock

    2021-08-18$17.97/sh39,981$718,6060 total(indirect: See footnotes)
  • Sale

    Common Stock

    2021-08-17$17.71/sh181,271$3,210,87168,854 total(indirect: See footnotes)
  • Sale

    Common Stock

    2021-08-16$17.75/sh27,385$486,125145,238 total(indirect: See footnotes)
  • Sale

    Common Stock

    2021-08-18$17.97/sh37,165$667,9930 total(indirect: See footnotes)
  • Sale

    Common Stock

    2021-08-17$17.71/sh105,257$1,864,42839,981 total(indirect: See footnotes)
  • Purchase

    Common Stock

    2021-08-17$17.71/sh97,843$1,733,10337,165 total(indirect: See footnotes)
Holdings
  • Common Stock

    (indirect: See footnotes)
    33,172
  • Common Stock

    (indirect: See footnotes)
    4,531,411
Transactions
  • Sale

    Common Stock

    2021-08-16$17.75/sh25,455$451,864135,008 total(indirect: See footnotes)
  • Purchase

    Common Stock

    2021-08-17$17.71/sh97,843$1,733,10337,165 total(indirect: See footnotes)
  • Sale

    Common Stock

    2021-08-18$17.97/sh37,165$667,9930 total(indirect: See footnotes)
  • Sale

    Common Stock, par value $0.01 per share ("Common Stock")

    2021-08-16$17.75/sh47,160$837,161250,125 total(indirect: See footnotes)
  • Sale

    Common Stock

    2021-08-18$17.97/sh39,981$718,6060 total(indirect: See footnotes)
  • Sale

    Common Stock

    2021-08-17$17.71/sh181,271$3,210,87168,854 total(indirect: See footnotes)
  • Sale

    Common Stock

    2021-08-16$17.75/sh27,385$486,125145,238 total(indirect: See footnotes)
  • Sale

    Common Stock

    2021-08-17$17.71/sh105,257$1,864,42839,981 total(indirect: See footnotes)
  • Sale

    Common Stock

    2021-08-18$17.97/sh68,854$1,237,5610 total(indirect: See footnotes)
Holdings
  • Common Stock

    (indirect: See footnotes)
    4,531,411
  • Common Stock

    (indirect: See footnotes)
    33,172
Transactions
  • Purchase

    Common Stock

    2021-08-17$17.71/sh97,843$1,733,10337,165 total(indirect: See footnotes)
  • Sale

    Common Stock

    2021-08-18$17.97/sh37,165$667,9930 total(indirect: See footnotes)
  • Sale

    Common Stock, par value $0.01 per share ("Common Stock")

    2021-08-16$17.75/sh47,160$837,161250,125 total(indirect: See footnotes)
  • Sale

    Common Stock

    2021-08-17$17.71/sh181,271$3,210,87168,854 total(indirect: See footnotes)
  • Sale

    Common Stock

    2021-08-16$17.75/sh27,385$486,125145,238 total(indirect: See footnotes)
  • Sale

    Common Stock

    2021-08-17$17.71/sh105,257$1,864,42839,981 total(indirect: See footnotes)
  • Sale

    Common Stock

    2021-08-18$17.97/sh39,981$718,6060 total(indirect: See footnotes)
  • Sale

    Common Stock

    2021-08-16$17.75/sh25,455$451,864135,008 total(indirect: See footnotes)
  • Sale

    Common Stock

    2021-08-18$17.97/sh68,854$1,237,5610 total(indirect: See footnotes)
Holdings
  • Common Stock

    (indirect: See footnotes)
    4,531,411
  • Common Stock

    (indirect: See footnotes)
    33,172
Transactions
  • Sale

    Common Stock

    2021-08-17$17.71/sh181,271$3,210,87168,854 total(indirect: See footnotes)
  • Sale

    Common Stock

    2021-08-18$17.97/sh39,981$718,6060 total(indirect: See footnotes)
  • Purchase

    Common Stock

    2021-08-17$17.71/sh97,843$1,733,10337,165 total(indirect: See footnotes)
  • Sale

    Common Stock, par value $0.01 per share ("Common Stock")

    2021-08-16$17.75/sh47,160$837,161250,125 total(indirect: See footnotes)
  • Sale

    Common Stock

    2021-08-18$17.97/sh68,854$1,237,5610 total(indirect: See footnotes)
  • Sale

    Common Stock

    2021-08-16$17.75/sh27,385$486,125145,238 total(indirect: See footnotes)
  • Sale

    Common Stock

    2021-08-17$17.71/sh105,257$1,864,42839,981 total(indirect: See footnotes)
  • Sale

    Common Stock

    2021-08-16$17.75/sh25,455$451,864135,008 total(indirect: See footnotes)
  • Sale

    Common Stock

    2021-08-18$17.97/sh37,165$667,9930 total(indirect: See footnotes)
Holdings
  • Common Stock

    (indirect: See footnotes)
    4,531,411
  • Common Stock

    (indirect: See footnotes)
    33,172
Transactions
  • Sale

    Common Stock, par value $0.01 per share ("Common Stock")

    2021-08-16$17.75/sh47,160$837,161250,125 total(indirect: See footnotes)
  • Sale

    Common Stock

    2021-08-18$17.97/sh68,854$1,237,5610 total(indirect: See footnotes)
  • Sale

    Common Stock

    2021-08-18$17.97/sh39,981$718,6060 total(indirect: See footnotes)
  • Purchase

    Common Stock

    2021-08-17$17.71/sh97,843$1,733,10337,165 total(indirect: See footnotes)
  • Sale

    Common Stock

    2021-08-18$17.97/sh37,165$667,9930 total(indirect: See footnotes)
  • Sale

    Common Stock

    2021-08-17$17.71/sh181,271$3,210,87168,854 total(indirect: See footnotes)
  • Sale

    Common Stock

    2021-08-16$17.75/sh27,385$486,125145,238 total(indirect: See footnotes)
  • Sale

    Common Stock

    2021-08-17$17.71/sh105,257$1,864,42839,981 total(indirect: See footnotes)
  • Sale

    Common Stock

    2021-08-16$17.75/sh25,455$451,864135,008 total(indirect: See footnotes)
Holdings
  • Common Stock

    (indirect: See footnotes)
    4,531,411
  • Common Stock

    (indirect: See footnotes)
    33,172
Transactions
  • Sale

    Common Stock, par value $0.01 per share ("Common Stock")

    2021-08-16$17.75/sh47,160$837,161250,125 total(indirect: See footnotes)
  • Sale

    Common Stock

    2021-08-18$17.97/sh68,854$1,237,5610 total(indirect: See footnotes)
  • Sale

    Common Stock

    2021-08-17$17.71/sh105,257$1,864,42839,981 total(indirect: See footnotes)
  • Sale

    Common Stock

    2021-08-16$17.75/sh25,455$451,864135,008 total(indirect: See footnotes)
  • Sale

    Common Stock

    2021-08-18$17.97/sh37,165$667,9930 total(indirect: See footnotes)
  • Sale

    Common Stock

    2021-08-17$17.71/sh181,271$3,210,87168,854 total(indirect: See footnotes)
  • Sale

    Common Stock

    2021-08-16$17.75/sh27,385$486,125145,238 total(indirect: See footnotes)
  • Sale

    Common Stock

    2021-08-18$17.97/sh39,981$718,6060 total(indirect: See footnotes)
  • Purchase

    Common Stock

    2021-08-17$17.71/sh97,843$1,733,10337,165 total(indirect: See footnotes)
Holdings
  • Common Stock

    (indirect: See footnotes)
    4,531,411
  • Common Stock

    (indirect: See footnotes)
    33,172
Transactions
  • Sale

    Common Stock

    2021-08-18$17.97/sh68,854$1,237,5610 total(indirect: See footnotes)
  • Sale

    Common Stock

    2021-08-16$17.75/sh25,455$451,864135,008 total(indirect: See footnotes)
  • Sale

    Common Stock

    2021-08-17$17.71/sh105,257$1,864,42839,981 total(indirect: See footnotes)
  • Sale

    Common Stock, par value $0.01 per share ("Common Stock")

    2021-08-16$17.75/sh47,160$837,161250,125 total(indirect: See footnotes)
  • Purchase

    Common Stock

    2021-08-17$17.71/sh97,843$1,733,10337,165 total(indirect: See footnotes)
  • Sale

    Common Stock

    2021-08-17$17.71/sh181,271$3,210,87168,854 total(indirect: See footnotes)
  • Sale

    Common Stock

    2021-08-16$17.75/sh27,385$486,125145,238 total(indirect: See footnotes)
  • Sale

    Common Stock

    2021-08-18$17.97/sh39,981$718,6060 total(indirect: See footnotes)
  • Sale

    Common Stock

    2021-08-18$17.97/sh37,165$667,9930 total(indirect: See footnotes)
Holdings
  • Common Stock

    (indirect: See footnotes)
    4,531,411
  • Common Stock

    (indirect: See footnotes)
    33,172
Transactions
  • Sale

    Common Stock

    2021-08-18$17.97/sh68,854$1,237,5610 total(indirect: See footnotes)
  • Sale

    Common Stock

    2021-08-17$17.71/sh105,257$1,864,42839,981 total(indirect: See footnotes)
  • Sale

    Common Stock

    2021-08-16$17.75/sh25,455$451,864135,008 total(indirect: See footnotes)
  • Purchase

    Common Stock

    2021-08-17$17.71/sh97,843$1,733,10337,165 total(indirect: See footnotes)
  • Sale

    Common Stock, par value $0.01 per share ("Common Stock")

    2021-08-16$17.75/sh47,160$837,161250,125 total(indirect: See footnotes)
  • Sale

    Common Stock

    2021-08-16$17.75/sh27,385$486,125145,238 total(indirect: See footnotes)
  • Sale

    Common Stock

    2021-08-18$17.97/sh39,981$718,6060 total(indirect: See footnotes)
  • Sale

    Common Stock

    2021-08-18$17.97/sh37,165$667,9930 total(indirect: See footnotes)
  • Sale

    Common Stock

    2021-08-17$17.71/sh181,271$3,210,87168,854 total(indirect: See footnotes)
Holdings
  • Common Stock

    (indirect: See footnotes)
    33,172
  • Common Stock

    (indirect: See footnotes)
    4,531,411
Transactions
  • Sale

    Common Stock, par value $0.01 per share ("Common Stock")

    2021-08-16$17.75/sh47,160$837,161250,125 total(indirect: See footnotes)
  • Sale

    Common Stock

    2021-08-18$17.97/sh68,854$1,237,5610 total(indirect: See footnotes)
  • Sale

    Common Stock

    2021-08-17$17.71/sh105,257$1,864,42839,981 total(indirect: See footnotes)
  • Purchase

    Common Stock

    2021-08-17$17.71/sh97,843$1,733,10337,165 total(indirect: See footnotes)
  • Sale

    Common Stock

    2021-08-18$17.97/sh39,981$718,6060 total(indirect: See footnotes)
  • Sale

    Common Stock

    2021-08-16$17.75/sh25,455$451,864135,008 total(indirect: See footnotes)
  • Sale

    Common Stock

    2021-08-18$17.97/sh37,165$667,9930 total(indirect: See footnotes)
  • Sale

    Common Stock

    2021-08-17$17.71/sh181,271$3,210,87168,854 total(indirect: See footnotes)
  • Sale

    Common Stock

    2021-08-16$17.75/sh27,385$486,125145,238 total(indirect: See footnotes)
Holdings
  • Common Stock

    (indirect: See footnotes)
    4,531,411
  • Common Stock

    (indirect: See footnotes)
    33,172
Footnotes (10)
  • [F1]These securities are held by Centerbridge Credit Partners Master, L.P. ("Credit Partners Master").
  • [F10]The filing of this statement by the Reporting Persons shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, such Reporting Persons are the beneficial owners of the securities reported herein and each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein for purposes of Section 16 of the Securities Act, except to the extent of such Reporting Person's pecuniary interest therein.
  • [F2]These securities are held by Centerbridge Credit Partners, L.P. ("Credit Partners").
  • [F3]These securities are held by Centerbridge Special Credit Partners II AIV IV (Cayman), L.P. ("Special Credit Partners II AIV").
  • [F4]These securities are held by Centerbridge Capital Partners II (Cayman), L.P. ("Capital Partners II").
  • [F5]These securities are held by Centerbridge Capital Partners SBS II (Cayman), L.P. ("Capital Partners SBS II" and, together with Credit Partners, Credit Partners Master, Special Credit Partners II AIV and Capital Partners II, the "Centerbridge Funds").
  • [F6]Centerbridge Credit Partners General Partner, L.P. ("Onshore GP") is the general partner of Credit Partners, and, as such, it may be deemed to beneficially own the securities held by Credit Partners. Centerbridge Credit Partners Offshore General Partner, L.P. ("Offshore GP") is the general partner of Credit Partners Master, and, as such, it may be deemed to beneficially own the securities held by Credit Partners Master. Centerbridge Credit Cayman GP Ltd. ("Credit GP") is the general partner of each of Onshore GP and Offshore GP, and, as such, it may be deemed to beneficially own the securities held by Credit Partners and Credit Partners Master. As of August 18, 2021, Credit Partners Master, Credit Partners, Onshore GP, Offshore GP and Credit GP ceased to beneficially own any shares of Common Stock and, as such, this constitutes an "exit filing" for Credit Partners Master, Credit Partners, Onshore GP, Offshore GP and Credit GP.
  • [F7]Centerbridge Special Credit Partners General Partner II (Cayman), L.P. ("CSCPGP II Cayman") is the general partner of Special Credit Partners II AIV, and, as such, it may be deemed to beneficially own the securities held by Special Credit Partners II AIV. CSCP II Cayman GP Ltd. ("CSCP II Cayman Ltd.") is the general partner of CSCPGP II Cayman, and, as such, it may be deemed to beneficially own the securities held by Special Credit Partners II AIV. As of August 18, 2021, Special Credit Partners II AIV, CSCPGP II Cayman and CSCP II Cayman Ltd. ceased to beneficially own any shares of Common Stock and, as such, this constitutes an "exit filing" for Credit Partners II AIV, CSCPGP II Cayman and CSCP II Cayman Ltd.
  • [F8]Centerbridge Associates II (Cayman), L.P. ("CA II Cayman") is the general partner of Capital Partners II, and as such, it may be deemed to beneficially own the securities held by Capital Partners II. CCP II Cayman GP Ltd. ("CCP II Cayman Ltd.") is the general partner of each of CA II Cayman and Capital Partners SBS II, and as such, it may be deemed to beneficially own the securities held by Capital Partners II and Capital Partners SBS II. Jeffrey H. Aronson ("Mr. Aronson"), indirectly, through various intermediate entities controls each of the Centerbridge Funds, and, as such, Mr. Aronson may be deemed to beneficially own the securities held by the Centerbridge Funds.
  • [F9]For purposes of this filing, "Reporting Persons" means, as applicable, Special Credit Partners II AIV, Credit Partners Master, Credit Partners, Capital Partners II, Capital Partners SBS II, Onshore GP, Offshore GP, Credit GP, CSCPGP II Cayman, CSCP II Cayman Ltd., CA II Cayman, CCP II Cayman Ltd. and Mr. Aronson.

Issuer

GENCO SHIPPING & TRADING LTD

CIK 0001326200

Entity typeother
IncorporatedDE

Related Parties

1
  • filerCIK 0001484834

Filing Metadata

Form type
4
Filed
Aug 17, 8:00 PM ET
Accepted
Aug 18, 9:26 PM ET
Size
58.1 KB