Garrett Motion Inc.
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(Name of Issuer)
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Common Stock, $0.001 par value per share
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(Title of Class of Securities)
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366505105
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(CUSIP Number)
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Alexander H. McMillan
Chief Compliance Officer
Benefit Street Partners L.L.C.
9 West 57th Street, Suite 4920
New York, NY 10019
(212) 588-6700
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with copies to:
Matthew Roose, Esq.
Michael Littenberg, Esq.
Ropes & Gray LLP
1211 Avenue of the Americas
New York, New York 10036
(212) 596-9000
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
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March 9, 2021
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(Date of Event Which Requires Filing of this Statement)
|
1.
|
NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF REPORTING PERSON (voluntary)
Benefit Street Partners L.L.C.
|
|||
2.
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) [ ]
(b) [ X ]
|
||
3.
|
SEC USE ONLY
|
|||
4.
|
SOURCE OF FUNDS
|
Not Applicable
|
||
5.
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
|
[ ]
|
||
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
|
1,389,839*
|
||
9.
|
SOLE DISPOSITIVE POWER
|
0
|
||
10.
|
SHARED DISPOSITIVE POWER
|
1,389,839*
|
||
11.
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
1,389,839*
|
||
12.
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|
[ ]
|
||
13.
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
|
1.8%**
|
||
14.
|
TYPE OF REPORTING PERSON
|
IA
|
1.
|
NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF REPORTING PERSON (voluntary)
Thomas J. Gahan
|
|||
2.
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) [ ]
(b) [ X ]
|
||
3.
|
SEC USE ONLY
|
|||
4.
|
SOURCE OF FUNDS
|
Not Applicable
|
||
5.
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
|
[ ]
|
||
6.
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
United States
|
||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
7.
|
SOLE VOTING POWER
|
0
|
|
8.
|
SHARED VOTING POWER
|
1,389,839*
|
||
9.
|
SOLE DISPOSITIVE POWER
|
0
|
||
10.
|
SHARED DISPOSITIVE POWER
|
1,389,839*
|
||
11.
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
1,389,839*
|
||
12.
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|
[ ]
|
||
13.
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
|
1.8%**
|
||
14.
|
TYPE OF REPORTING PERSON
|
IN, HC
|
Item 4.
|
Purpose of Transaction.
|
Item 7.
|
Material to Be Filed as Exhibits.
|
|||
Item 7 of the Schedule 13D is hereby amended to include the following:
|
||||
Exhibit
|
Description
|
|||
6.
|
Second Amended and Restated Plan Support Agreement, dated as of March 9, 2021, by and among the parties identified therein (incorporated by reference to Exhibit 10.1 to the Report on Form 8-K filed with the
Securities and Exchange Commission on March 10, 2021 by Garrett Motion Inc.)
|
|||
BENEFIT STREET PARTNERS, L.L.C.
|
|||
By:
|
/s/ Bryan R. Martkoten
|
||
Name: Bryan R. Martoken
Title: Authorized Signatory
|
|||
THOMAS J. GAHAN
|
|||
/s/ Thomas J. Gahan
|
|||
Thomas J. Gahan, individually
|