Print Page  Close Window

SEC Filings

SC 13G
CONTRARIAN CAPITAL MANAGEMENT, L.L.C. filed this Form SC 13G on 02/21/2018
Entire Document
 

CUSIP No.

ITEM  1.
 
 
(a)
Name of Issuer: Key Energy Services, Inc.

 
(b)
Address of Issuer's Principal Executive Offices: 1301 McKinney Street, Suite 1800, Houston, Texas 77010.

ITEM 2.
 
(a)
Name of Person Filing: Contrarian Capital Management, L.L.C., Contrarian Capital Fund I, L.P.

(b)
Address of Principal Business Office, or if None, Residence:
 
 
Contrarian Capital Management, L.L.C., 411 West Putnam Avenue, Suite 425, Greenwich, CT 06830
 
 
Contrarian Capital Fund I, L.P. c/o Contrarian Capital Advisors, L.L.C., 411 West Putnam Avenue, Suite 425, Greenwich, CT 06830
 
(c)
Citizenship: Contrarian Capital Management, L.L.C. and Contrarian Capital Fund I, L.P. were formed in Delaware
 
(d)
Title of Class of Securities: Common Stock, par value $0.01

(e)
CUSIP Number: 49309J103

ITEM 3.
IF THIS STATEMENT IS FILED PURSUANT TO SS.240.13d-1(b) OR 240.13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A:

  (a)   ☐
Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o).
  (b)   ☐
Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c).
(c)   ☐
Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c).
(d)   ☐
Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a- 8).
(e)   ☒
An investment adviser in accordance with  ss.240.13d-1(b)(1)(ii)(E);
(f)    ☐
An employee benefit plan or endowment fund in accordance with ss.240.13d-1(b)(1)(ii)(F);
(g)   ☐
A parent holding company or control person in accordance with ss.240.13d-1(b)(1)(ii)(G);
(h)   ☐
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)    ☐
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)    ☐
Group, in accordance with ss.240.13d-1(b)(1)(ii)(J).
 
ITEM 4.
OWNERSHIP.

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

(a)
Amount beneficially owned: 
 
 
Contrarian Capital Management, L.L.C.: 2,287,185
 
 
Contrarian Capital Fund I, L.P.: 996,162
 
(b)
Percent of class:
 
 
Contrarian Capital Management, L.L.C.: 11.38%
 
 
Contrarian Capital Fund I, L.P.: 4.95%
 
(c)
Number of shares as to which such person has:

 
(i)
Sole power to vote or to direct the vote of
 
(ii)
Shared power to vote or to direct the vote:
 
 
Contrarian Capital Management, L.L.C.: 2,287,185
 
 
Contrarian Capital Fund I, L.P.: 996,162
 
(iii)
Sole power to dispose or to direct the disposition of
 
(iv)
Shared power to dispose or to direct the disposition of:
 
 
Contrarian Capital Management, L.L.C.: 2,287,185
 
 
Contrarian Capital Fund I, L.P.: 996,162
 
INSTRUCTION. For computations regarding securities which represent a right to acquire an underlying security SEE ss.240.13d3(d)(1).