SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
SCHEDULE 13G/A
 
Under the Securities Exchange Act of 1934
(Amendment No. 3)*
 
Quad/Graphics, Inc.
(Name of Issuer)
 
Class A Common Stock
(Title of Class of Securities)
 
747301109
(CUSIP Number)
 
December 31, 2014
(Date of Event Which Requires Filing of this Statement)
 
 
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
 
¨ Rule 13d-1(b)
x Rule 13d-1(c)
¨ Rule 13d-1(d)
 
(Page 1 of 28 Pages)

 

______________________________

*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. 74730110913G/APage 2 of 28 Pages

 

1

NAME OF REPORTING PERSON

Centerbridge Credit Partners, L.P.

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ¨

(b) ý

3 SEC USE ONLY
4

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
5

SOLE VOTING POWER

-0-

6

SHARED VOTING POWER

477,607

7

SOLE DISPOSITIVE POWER

-0-

8

SHARED DISPOSITIVE POWER

477,607

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

477,607

10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨
11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

1.4%

12

TYPE OF REPORTING PERSON

PN

             

 

 
CUSIP No. 74730110913G/APage 3 of 28 Pages

 

     
1

NAME OF REPORTING PERSON

Centerbridge Credit Partners General Partner, L.P.

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ¨

(b) x

3 SEC USE ONLY
4

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
5

SOLE VOTING POWER

-0-

6

SHARED VOTING POWER

477,607

7

SOLE DISPOSITIVE POWER

-0-

8

SHARED DISPOSITIVE POWER

477,607

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

477,607

10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨
11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

1.4%

12

TYPE OF REPORTING PERSON

PN

           

 

 
CUSIP No. 74730110913G/APage 4 of 28 Pages

 

     
1

NAME OF REPORTING PERSON

Centerbridge Credit GP Investors, L.L.C.

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ¨

(b) x

3 SEC USE ONLY
4

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
5

SOLE VOTING POWER

-0-

6

SHARED VOTING POWER

477,607

7

SOLE DISPOSITIVE POWER

-0-

8

SHARED DISPOSITIVE POWER

477,607

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

477,607

10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨
11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

1.4%

12

TYPE OF REPORTING PERSON

OO

             

 

 
CUSIP No. 74730110913G/APage 5 of 28 Pages

 

1

NAME OF REPORTING PERSON

Centerbridge Credit Partners Master, L.P.

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ¨

(b) ý

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

-0-

6

SHARED VOTING POWER

795,291

7

SOLE DISPOSITIVE POWER

-0-

8

SHARED DISPOSITIVE POWER

795,291

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

795,291

10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨
11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

2.3%

12

TYPE OF REPORTING PERSON

PN

         

 

 
CUSIP No. 74730110913G/APage 6 of 28 Pages

 

1

NAME OF REPORTING PERSON

Centerbridge Credit Partners Offshore General Partner, L.P.

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ¨

(b) ý

3 SEC USE ONLY
4

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
5

SOLE VOTING POWER

-0-

6

SHARED VOTING POWER

795,291

7

SOLE DISPOSITIVE POWER

-0-

8

SHARED DISPOSITIVE POWER

795,291

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

795,291

10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨
11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

2.3%

12

TYPE OF REPORTING PERSON

PN

         

 

 
CUSIP No. 74730110913G/APage 7 of 28 Pages

 

1

NAME OF REPORTING PERSON

Centerbridge Credit Offshore GP Investors, L.L.C.

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ¨

(b) ý

3 SEC USE ONLY
4

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
5

SOLE VOTING POWER

-0-

6

SHARED VOTING POWER

795,291

7

SOLE DISPOSITIVE POWER

-0-

8

SHARED DISPOSITIVE POWER

795,291

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

795,291

10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨
11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

2.3%

12

TYPE OF REPORTING PERSON

OO

         

 

 
CUSIP No. 74730110913G/APage 8 of 28 Pages

 

1

NAME OF REPORTING PERSON

Centerbridge Capital Partners Strategic Debt Acquisition, L.P.

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ¨

(b) ý

3 SEC USE ONLY
4

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
5

SOLE VOTING POWER

-0-

6

SHARED VOTING POWER

2,282

7

SOLE DISPOSITIVE POWER

-0-

8

SHARED DISPOSITIVE POWER

2,282

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

2,282

10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨
11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

Less than 0.1%

12

TYPE OF REPORTING PERSON

PN

         

 

 
CUSIP No. 74730110913G/APage 9 of 28 Pages

 

1

NAME OF REPORTING PERSON

Centerbridge Capital Partners Debt Acquisition, L.P.

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ¨

(b) ý

3 SEC USE ONLY
4

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
5

SOLE VOTING POWER

-0-

6

SHARED VOTING POWER

64,362

7

SOLE DISPOSITIVE POWER

-0-

8

SHARED DISPOSITIVE POWER

64,362

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

64,362

10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨
11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

0.2%

12

TYPE OF REPORTING PERSON

PN

         

 

 
CUSIP No. 74730110913G/APage 10 of 28 Pages

 

1

NAME OF REPORTING PERSON

Centerbridge Capital Partners SBS, L.P.

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ¨

(b) ý

3 SEC USE ONLY
4

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
5

SOLE VOTING POWER

-0-

6

SHARED VOTING POWER

116

7

SOLE DISPOSITIVE POWER

-0-

8

SHARED DISPOSITIVE POWER

116

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

116

10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨
11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

Less than 0.1%

12

TYPE OF REPORTING PERSON

PN

         

 

 
CUSIP No. 74730110913G/APage 11 of 28 Pages

 

1

NAME OF REPORTING PERSON

Centerbridge Associates, L.P.

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ¨

(b) ý

3 SEC USE ONLY
4

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
5

SOLE VOTING POWER

-0-

6

SHARED VOTING POWER

66,760

7

SOLE DISPOSITIVE POWER

-0-

8

SHARED DISPOSITIVE POWER

66,760

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

66,760

10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨
11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

0.2%

12

TYPE OF REPORTING PERSON

PN

         

 

 
CUSIP No. 74730110913G/APage 12 of 28 Pages

 

1

NAME OF REPORTING PERSON

Centerbridge GP Investors, LLC

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ¨

(b) ý

3 SEC USE ONLY
4

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
5

SOLE VOTING POWER

-0-

6

SHARED VOTING POWER

66,760

7

SOLE DISPOSITIVE POWER

-0-

8

SHARED DISPOSITIVE POWER

66,760

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

66,760

10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨
11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

0.2%

12

TYPE OF REPORTING PERSON

OO

         

 

 
CUSIP No. 74730110913G/APage 13 of 28 Pages

 

1

NAME OF REPORTING PERSON

Centerbridge Special Credit Partners, L.P.

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ¨

(b) ý

3 SEC USE ONLY
4

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
5

SOLE VOTING POWER

-0-

6

SHARED VOTING POWER

464,656

7

SOLE DISPOSITIVE POWER

-0-

8

SHARED DISPOSITIVE POWER

464,656

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

464,656

10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨
11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

1.3%

12

TYPE OF REPORTING PERSON

PN

         

 

 
CUSIP No. 74730110913G/APage 14 of 28 Pages

 

1

NAME OF REPORTING PERSON

Centerbridge Special Credit Partners General Partner, L.P.

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ¨

(b) ý

3 SEC USE ONLY
4

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
5

SOLE VOTING POWER

-0-

6

SHARED VOTING POWER

464,656

7

SOLE DISPOSITIVE POWER

-0-

8

SHARED DISPOSITIVE POWER

464,656

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

464,656

10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨
11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

1.3%

12

TYPE OF REPORTING PERSON

PN

         

 

 
CUSIP No. 74730110913G/APage 15 of 28 Pages

 

1

NAME OF REPORTING PERSON

Centerbridge Special GP Investors, L.L.C.

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ¨

(b) ý

3 SEC USE ONLY
4

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
5

SOLE VOTING POWER

-0-

6

SHARED VOTING POWER

464,656

7

SOLE DISPOSITIVE POWER

-0-

8

SHARED DISPOSITIVE POWER

464,656

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

464,656

10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨
11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

1.3%

12

TYPE OF REPORTING PERSON

OO

         

 

 
CUSIP No. 74730110913G/APage 16 of 28 Pages

 

1

NAME OF REPORTING PERSON

Mark T. Gallogly

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ¨

(b) ý

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

-0-

6

SHARED VOTING POWER

1,804,316

7

SOLE DISPOSITIVE POWER

-0-

8

SHARED DISPOSITIVE POWER

1,804,316

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

1,804,316

10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨
11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

5.2%

12

TYPE OF REPORTING PERSON

IN

         

 

 
CUSIP No. 74730110913G/APage 17 of 28 Pages

 

1

NAME OF REPORTING PERSON

Jeffrey H. Aronson

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ¨

(b) ý

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

-0-

6

SHARED VOTING POWER

1,804,316

7

SOLE DISPOSITIVE POWER

-0-

8

SHARED DISPOSITIVE POWER

1,804,316

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

1,804,316

10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨
11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

5.2%

12

TYPE OF REPORTING PERSON

IN

         

 

 
CUSIP No. 74730110913G/APage 18 of 28 Pages

This Amendment No. 2 (this "Amendment") amends the statement on Schedule 13G filed on February 14, 2011 (the "Original Schedule 13G"), as amended by Amendment No. 1 filed on February 14, 2011 (the Original Schedule 13G as amended, the "Schedule 13G") with respect to shares of Class A Common Stock (the "Common Stock") of the Company. Capitalized terms not otherwise defined in this Amendment have the meanings set forth in the Schedule 13G.

 

Item 1(a). NAME OF ISSUER
   
  The name of the issuer is Quad/Graphics, Inc. (the "Company").

 

Item 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES
   
  The Company's principal executive offices are located at N61 W23044 Harry's Way, Sussex, Wisconsin 53089-3995.

 

Item 2(a). NAME OF PERSON FILING

 

  This statement is filed by:
   
  (i) Centerbridge Credit Partners, L.P., a Delaware limited partnership ("CCP"), with respect to the Common Stock beneficially owned by it;
  (ii) Centerbridge Credit Partners General Partner, L.P., a Delaware limited partnership ("CCPGP"), as general partner of CCP, with respect to the Common Stock beneficially owned by CCP;
  (iii) Centerbridge Credit GP Investors, L.L.C., a Delaware limited liability company ("CCGPI"), as general partner of CCPGP, with respect to the Common Stock beneficially owned by CCP;
  (iv) Centerbridge Credit Partners Master, L.P., a Cayman Islands limited partnership ("CCPM"), with respect to the Common Stock beneficially owned by it;
  (v) Centerbridge Credit Partners Offshore General Partner, L.P., a Delaware limited partnership ("CCPOGP"), with respect to the Common Stock beneficially owned by CCPM;
  (vi) Centerbridge Credit Offshore GP Investors, L.L.C., a Delaware limited liability company ("CCOGPI"), as general partner of CCPOGP, with respect to the Common Stock beneficially owned by CCPM;
  (vii) Centerbridge Capital Partners SBS, L.P., a Delaware limited partnership ("SBS"), with respect to the Common Stock beneficially owned by it;
  (viii) Centerbridge Capital Partners Debt Acquisition, L.P., a Delaware limited partnership ("CCPDA"), with respect to the Common Stock beneficially owned by it;
  (ix) Centerbridge Capital Partners Strategic Debt Acquisition, L.P., a Delaware limited partnership ("CCPSDA"), with respect to the Common Stock beneficially owned by it;
  (x) Centerbridge Associates, L.P., a Delaware limited partnership ("CALP"), as general partner of SBS, CCPDA and CCPSDA, with respect to the Common Stock beneficially owned by SBS, CCPDA and CCPSDA;
  (xi) Centerbridge GP Investors, LLC, a Delaware limited liability company ("CGPI"), as general partner of CALP, with respect to the Common Stock beneficially owned by SBS, CCPDA and CCPSDA;

 

 
CUSIP No. 74730110913G/APage 19 of 28 Pages

 

  (xii) Centerbridge Special Credit Partners, L.P., a Delaware limited partnership ("CSCP"), with respect to the Common Stock beneficially owned by it;
  (xiii) Centerbridge Special Credit Partners General Partner, L.P., a Delaware limited partnership ("CSCPGP"), as general partner of CSCP, with respect to the Common Stock beneficially owned by CSCP;
  (xiv) Centerbridge Special GP Investors, L.L.C., a Delaware limited liability company ("CSGPI"), as general partner of CSCPGP, with respect to the Common Stock beneficially owned by CSCP;
  (xv) Mark T. Gallogly ("Mr. Gallogly"), as managing member of CCGPI, CCOGPI, CGPI and CSGPI, with respect to the Common Stock beneficially owned by CCP, CCPGP, CCGPI, CCPM, CCPOGP, CCOGPI, SBS, CCPDA, CCPSDA, CALP, CGPI, CSCP, CSCPGP and CSGPI; and
  (xvi) Jeffrey H. Aronson ("Mr. Aronson"), as managing member of CCGPI, CCOGPI, CGPI and CSGPI, with respect to the Common Stock beneficially owned by CCP, CCPGP, CCGPI, CCPM, CCPOGP, CCOGPI, SBS, CCPDA, CCPSDA, CALP, CGPI, CSCP, CSCPGP and CSGPI.
   
  The foregoing persons are hereinafter sometimes collectively referred to as the "Reporting Persons."  Any disclosures herein with respect to persons other than the Reporting Persons are made on information and belief after making inquiry to the appropriate party.

 

Item 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE

 

  The address of the business office of each of the Reporting Persons is 375 Park Avenue, 12th Floor, New York, NY 10152.

 

Item 2(c). CITIZENSHIP

 

  CCP, CCPGP, CCPOGP, SBS, CCPDA, CCPSDA, CALP, CSCP and CSCPGP are limited partnerships organized under the laws of the State of Delaware.  CCPM is a limited partnership organized under the laws of the Cayman Islands.  CCGPI, CCOGPI, CGPI and CSGPI are limited liability companies organized under the laws of the State of Delaware.  Messrs. Gallogly and Aronson are citizens of the United States.

 

Item 2(d). TITLE OF CLASS OF SECURITIES
   
  Class A Common Stock

 

Item 2(e). CUSIP NUMBER
   
  747301109

 

Item 3. IF THIS STATEMENT IS FILED PURSUANT TO Rules 13d-1(b), OR 13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A:

 

  (a) ¨ Broker or dealer registered under Section 15 of the Act;
  (b) ¨ Bank as defined in Section 3(a)(6) of the Act;
  (c) ¨ Insurance company as defined in Section 3(a)(19) of the Act;
  (d) ¨ Investment company registered under Section 8 of the Investment Company Act of 1940;

 

 
CUSIP No. 74730110913G/APage 20 of 28 Pages

 

  (e) ¨ An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
  (f) ¨

An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F);

 

  (g) ¨ A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G);
  (h) ¨

A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act;

 

  (i) ¨

A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act;

 

  (j) ¨ A non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J);
  (k) ¨ Group, in accordance with Rule 13d-1(b)(1)(ii)(K).

 

  If filing as a non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J), please
  specify the type of institution:    

 

Item 4. OWNERSHIP

 

This Schedule 13G/A reports beneficial ownership of shares of Common Stock beneficially owned by the Reporting Persons as of December 31, 2014.

 

  A. Centerbridge Credit Partners, L.P., Centerbridge Credit Partners General Partner, L.P. and Centerbridge Credit GP Investors, L.L.C.
      (a) Amount beneficially owned:  477,607
      (b) Percent of class: 1.4%.  The percentages used herein and in the rest of Item 4 are calculated based upon the 34,637,310 shares of Common Stock issued and outstanding on October 31, 2014 as reflected in the Form 10-Q of the Company for the quarterly period ended September 30, 2014, filed on November 7, 2014.
      (c) (i) Sole power to vote or direct the vote:  -0-
        (ii) Shared power to vote or direct the vote:  477,607
        (iii) Sole power to dispose or direct the disposition:  -0-
        (iv) Shared power to dispose or direct the disposition of:  477,607
           
    CCP has the power to dispose of and the power to vote the shares of Common Stock beneficially owned by it, which powers may also be exercised by CCPGP, its general partner, and CCGPI, the general partner of CCPGP.  Neither CCPGP nor CCGPI directly owns any of the shares of Common Stock.  By reason of the provisions of Rule 13d-3 of the Act, each may be deemed to beneficially own the shares of Common Stock beneficially owned by CCP.  However, none of the foregoing should be construed in and of itself as an admission by CCPGP or CCGPI or by any Reporting Person as to beneficial ownership of shares of Common Stock owned by another Reporting Person.  In addition, each of CCPGP and CCGPI expressly disclaims beneficial ownership of shares of Common Stock owned by CCP.

 

 
CUSIP No. 74730110913G/APage 21 of 28 Pages

 

  B. Centerbridge Credit Partners Master, L.P., Centerbridge Credit Partners Offshore General Partner, L.P. and Centerbridge Credit Offshore GP Investors, L.L.C.
      (a) Amount beneficially owned:  795,291
      (b) Percent of class:  2.3%
      (c) (i) Sole power to vote or direct the vote:  -0-
        (ii) Shared power to vote or direct the vote:  795,291
        (iii) Sole power to dispose or direct the disposition:  -0-
        (iv)

Shared power to dispose or direct the disposition: 795,291

 

    CCPM has the power to dispose of and the power to vote the shares of Common Stock beneficially owned by it, which powers may also be exercised by CCPOGP, its general partner, and CCOGPI, the general partner of CCPOGP.  Neither CCOGPI nor CCPOGP directly owns any of the shares of Common Stock.  By reason of the provisions of Rule 13d-3 of the Act, each may be deemed to beneficially own the shares of Common Stock beneficially owned by CCPM.  However, none of the foregoing should be construed in and of itself as an admission by CCOGPI or CCPOGP or by any Reporting Person as to beneficial ownership of shares of Common Stock owned by another Reporting Person.  In addition, each of CCOGPI and CCPOGP expressly disclaims beneficial ownership of shares of Common Stock owned by CCPM.

 

  C. Centerbridge Capital Partners SBS, L.P.
      (a) Amount beneficially owned:  116
      (b) Percent of class:  Less than 0.1%
      (c) (i) Sole power to vote or direct the vote:  -0-
        (ii) Shared power to vote or direct the vote:  116
        (iii) Sole power to dispose or direct the disposition:  -0-
        (iv)

Shared power to dispose or direct the disposition: 116

 

    SBS has the power to dispose of and the power to vote the Common Stock beneficially owned by it, which powers may also be exercised by its general partner, CALP.

 

  D. Centerbridge Capital Partners Debt Acquisition, L.P.
      (a) Amount beneficially owned:  64,362
      (b) Percent of class:  0.2%
      (c) (i) Sole power to vote or direct the vote:  -0-
        (ii) Shared power to vote or direct the vote:  64,362
        (iii) Sole power to dispose or direct the disposition:  -0-
        (iv) Shared power to dispose or direct the disposition:  64,362
    CCPDA has the power to dispose of and the power to vote the Common Stock beneficially owned by it, which powers may also be exercised by its general partner, CALP.

 

  E. Centerbridge Capital Partners Strategic Debt Acquisition, L.P.
      (a) Amount beneficially owned:  2,282
      (b) Percent of class:  Less than 0.1%
      (c) (i) Sole power to vote or direct the vote:  -0-
        (ii) Shared power to vote or direct the vote:  2,282
        (iii) Sole power to dispose or direct the disposition:  -0-
        (iv) Shared power to dispose or direct the disposition:  2,282
           
    CCPSDA has the power to dispose of and the power to vote the Common Stock beneficially owned by it, which powers may also be exercised by its general partner, CALP.

 

 
CUSIP No. 74730110913G/APage 22 of 28 Pages

 

  F. Centerbridge GP Investors, LLC and Centerbridge Associates, L.P.
      (a) Amount beneficially owned:  66,760
      (b) Percent of class:  0.2%
      (c) (i) Sole power to vote or direct the vote:  -0-
        (ii) Shared power to vote or direct the vote:  66,760
        (iii) Sole power to dispose or direct the disposition:  -0-
        (iv) Shared power to dispose or direct the disposition:  66,760
           
    CALP, as the general partner of SBS, CCPDA and CCPSDA, and CGPI, as the general partner of CALP, share the power to dispose of and the power to vote the Common Stock beneficially owned by SBS, CCPDA and CCPSDA.  Neither CALP nor CGPI directly owns any of the shares of Common Stock.  By reason of the provisions of Rule 13d-3 of the Act, each may be deemed to beneficially own the shares of Common Stock beneficially owned by SBS, CCPDA and CCPSDA.  However, none of the foregoing should be construed in and of itself as an admission by CALP or CGPI or by any Reporting Person as to beneficial ownership of shares of Common Stock owned by another Reporting Person.  In addition, each of CALP and CGPI expressly disclaims beneficial ownership of shares of Common Stock owned by SBS, CCPDA and CCPSDA.

 

  G. Centerbridge Special Credit Partners, L.P., Centerbridge Special Credit Partners General Partner, L.P. and Centerbridge Special GP Investors, L.L.C.
      (a) Amount beneficially owned:  464,656
      (b) Percent of class: 1.3%  
      (c) (i) Sole power to vote or direct the vote:  -0-
        (ii) Shared power to vote or direct the vote:  464,656
        (iii) Sole power to dispose or direct the disposition:  -0-
        (iv) Shared power to dispose or direct the disposition of:  464,656
           
    CSCP has the power to dispose of and the power to vote the shares of Common Stock beneficially owned by it, which powers may also be exercised by CSCPGP, its general partner, and CSGPI, the general partner of CSCPGP.  Neither CSCPGP nor CSGPI directly owns any of the shares of Common Stock.  By reason of the provisions of Rule 13d-3 of the Act, each may be deemed to beneficially own the shares of Common Stock beneficially owned by CSCP.  However, none of the foregoing should be construed in and of itself as an admission by CSCPGP or CSGPI or by any Reporting Person as to beneficial ownership of shares of Common Stock owned by another Reporting Person.  In addition, each of CSCPGP and CSGPI expressly disclaims beneficial ownership of shares of Common Stock owned by CSCP.

 

  H. Mark T. Gallogly and Jeffrey H. Aronson
      (a) Amount beneficially owned:  1,804,316
      (b) Percent of class: 5.2%  
      (c) (i) Sole power to vote or direct the vote:  -0-
        (ii) Shared power to vote or direct the vote:  1,804,316
        (iii) Sole power to dispose or direct the disposition:  -0-
        (iv)

Shared power to dispose or direct the disposition of: 1,804,316

 

 

 
CUSIP No. 74730110913G/APage 23 of 28 Pages

 

    Messrs. Gallogly and Aronson, as managing members of CCGPI, CCOGPI, CGPI and CSGPI, may be deemed to share power to vote the Common Stock beneficially owned by CCP, CCPM, SBS, CCPDA, CCPSDA and CSCP.  Neither Mr. Gallogly nor Mr. Aronson directly owns any of the shares of Common Stock.  By reason of the provisions of Rule 13d-3 of the Act, each may be deemed to beneficially own the shares of Common Stock beneficially owned by CCP, CCPM, SBS, CCPDA, CCPSDA and CSCP.  However, none of the foregoing should be construed in and of itself as an admission by Messrs. Gallogly or Aronson or by any Reporting Person as to beneficial ownership of shares of Common Stock owned by another Reporting Person.  In addition, each of Mr. Gallogly and Mr. Aronson expressly disclaims beneficial ownership of shares of Common Stock owned by any of CCP, CCPGP, CCGPI, CCPM, CCPOGP, CCOGPI, SBS, CCPDA, CCPSDA, CALP, CGPI, CSCP, CSCPGP and CSGPI.

 

Item 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
   
  Not applicable.

 

Item 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON
   
  Not applicable.

 

 
CUSIP No. 74730110913G/APage 24 of 28 Pages

 

Item 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY OR CONTROL PERSON
   
  Not applicable.

 

Item 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
   
  Not applicable.

 

Item 9. NOTICE OF DISSOLUTION OF GROUP
   
  Not applicable.

 

Item 10. CERTIFICATION

 

  Each of the Reporting Persons hereby makes the following certification:
   
  By signing below each Reporting Person certifies that, to the best of his or its 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.

 

 
CUSIP No. 74730110913G/APage 25 of 28 Pages

 

SIGNATURES

After reasonable inquiry and to the best of his or its knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.

DATED: February 17, 2015

 

  CENTERBRIDGE CREDIT PARTNERS, L.P.
   
  By: Centerbridge Credit Partners
    General Partner, L.P., its general partner
     
  By: Centerbridge Credit GP Investors, L.L.C.,
    its general partner
   
  /s/ Jeffrey H. Aronson
  Name: Jeffrey H. Aronson
  Title: Authorized Signatory
   
  CENTERBRIDGE CREDIT PARTNERS
  GENERAL PARTNER, L.P.
   
  By: Centerbridge Credit GP Investors, L.L.C., its
  general partner
   
  /s/ Jeffrey H. Aronson
  Name: Jeffrey H. Aronson
  Title: Authorized Signatory
   
  Centerbridge Credit GP Investors, L.L.C.
   
  /s/ Jeffrey H. Aronson
  Name: Jeffrey H. Aronson
  Title: Authorized Signatory
   
  CENTERBRIDGE CREDIT PARTNERS
  MASTER, L.P.
   
  By: Centerbridge Credit Partners Offshore General
  Partner, L.P., its general partner
   
  By: Centerbridge Credit Offshore GP Investors,
  L.L.C., its general partner
   
  /s/ Jeffrey H. Aronson
  Name: Jeffrey H. Aronson
  Title: Authorized Signatory
           

 

 

 

 
CUSIP No. 74730110913G/APage 26 of 28 Pages

 

    CENTERBRIDGE CREDIT PARTNERS
    OFFSHORE GENERAL PARTNER, L.P.
     
    By: Centerbridge Credit Offshore GP Investors,
L.L.C., its general partner
     
     
    /s/ Jeffrey H. Aronson
    Name: Jeffrey H. Aronson
    Title: Authorized Signatory
     
    Centerbridge Credit Offshore GP
    Investors, L.L.C.
     
    /s/ Jeffrey H. Aronson
    Name: Jeffrey H. Aronson
    Title: Authorized Signatory
         

 

CENTERBRIDGE CAPITAL PARTNERS   CENTERBRIDGE ASSOCIATES, L.P.
SBS, L.P.    
     
By:   Centerbridge Associates, L.P.,   By: Centerbridge GP Investors, LLC,
  its general partner     its general partner
         
By: Centerbridge GP Investors, LLC,    
  its general partner    
     
/s/ Jeffrey H. Aronson   /s/ Jeffrey H. Aronson
Name:   Jeffrey H. Aronson   Name: Jeffrey H. Aronson
Title: Authorized Signatory   Title: Authorized Signatory
               

 

CENTERBRIDGE CAPITAL PARTNERS   CENTERBRIDGE GP INVESTORS, LLC
DEBT ACQUISITION, L.P.    
     
    /s/ Jeffrey H. Aronson
By:   Centerbridge Associates, L.P.,   Name: Jeffrey H. Aronson
  its general partner   Title: Authorized Signatory
       
By: Centerbridge GP Investors, LLC,    
  its general partner    
     
/s/ Jeffrey H. Aronson    
Name:   Jeffrey H. Aronson    
Title: Authorized Signatory    
           

 

 

 

 

 
CUSIP No. 74730110913G/APage 27 of 28 Pages

 

CENTERBRIDGE CAPITAL PARTNERS CENTERBRIDGE SPECIAL CREDIT PARTNERS,
STRATEGIC DEBT ACQUISITION, L.P. L.P.
   
By:   Centerbridge Associates, L.P., By: Centerbridge Special Credit Partners
  its general partner   General Partner, L.P.,
      its general partner
By: Centerbridge GP Investors, LLC,    
  its general partner By: Centerbridge Special GP Investors, L.L.C., its
      general partner
       

/s/ Jeffrey H. Aronson

/s/ Jeffrey H. Aronson
Name:   Jeffrey H. Aronson Name: Jeffrey H. Aronson
Title: Authorized Signatory Title: Authorized Signatory
           

 

  CENTERBRIDGE SPECIAL CREDIT PARTNERS
  GENERAL PARTNER, L.P.
   
  By: Centerbridge Special GP Investors, L.L.C.,
    its general partner
   
  /s/ Jeffrey H. Aronson
  Name: Jeffrey H. Aronson
  Title: Authorized Signatory
   
  Centerbridge Special GP Investors, L.L.C.
   
  /s/ Jeffrey H. Aronson
  Name: Jeffrey H. Aronson
  Title: Authorized Signatory

 

 

 

 

 
CUSIP No. 74730110913G/APage 28 of 28 Pages

 

  MARK T. GALLOGLY
   
  /s/ Mark T. Gallogly  
   
   
   
  JEFFREY H. ARONSON
   
  /s/ Jeffrey H. Aronson