CUSIP No. 15644G104
|
Schedule 13G
|
|
|
|
Item 4.
|
Ownership
|
|
|
|
|
Ownership (a-b)
The ownership information presented below represents beneficial ownership of shares of Common Stock of the Issuer as of the date hereof, based upon 58,335,575 shares of Common Stock outstanding as of November 14, 2018. The amounts reported as beneficially owned by the Reporting Persons on this Schedule 13G consist of an aggregate of 3,125,000 shares of Common Stock, held directly in the individual amounts noted below by Ares Capital and the other investment vehicles (the Investment Vehicles) identified in the following table.
Reporting Person
|
|
Number of Shares
Held of Record
|
|
Percent
of class:
|
|
Ares Capital Corporation
|
|
3,077,875
|
|
5.3
|
%
|
Ares Centre Street Partnership, L.P.
|
|
6,250
|
|
*
|
|
Ares Commercial Finance LP
|
|
125
|
|
*
|
|
Ares Credit Strategies Insurance Dedicated Fund Series of SALI Multi-Series Fund, L.P.
|
|
6,250
|
|
*
|
|
Ares Direct Finance I LP
|
|
6,250
|
|
*
|
|
Ares European Credit Strategies Fund VIII (BUMA), L.P.
|
|
6,250
|
|
*
|
|
Ares Jasper Fund, L.P.
|
|
125
|
|
*
|
|
Ares ND Credit Strategies Fund LLC
|
|
6,250
|
|
*
|
|
Ares Senior Direct Lending Parallel Fund (L), L.P.
|
|
784
|
|
*
|
|
Ares Senior Direct Lending Parallel Fund (U), L.P.
|
|
664
|
|
*
|
|
Ares Senior Direct Lending Parallel Fund (U) B, L.P.
|
|
379
|
|
*
|
|
Ares Senior Direct Lending Master Fund Designated Activity Company
|
|
4,423
|
|
*
|
|
Bowhead IMC LP
|
|
6,250
|
|
*
|
|
CION Ares Diversified Credit Fund
|
|
3,125
|
|
*
|
|
* Less than 0.1%
The investment adviser of each of Ares Capital, Ares Direct Finance I LP, Ares Jasper Fund, L.P., Ares ND Credit Strategies Fund LLC, Ares Senior Direct Lending Parallel Fund (L), L.P., Ares Senior Direct Lending Parallel Fund (U), L.P., Ares Senior Direct Lending Parallel Fund (U) B, L.P., Ares Senior Direct Lending Master Fund Designated Activity Company and Bowhead IMC LP is Ares Capital Management. Ares Capital Management is also an investment subadvisor of Ares Credit Strategies Insurance Dedicated Fund Series of SALI Multi-Series Fund, L.P.
Ares Centre Street Management, L.P. (Centre Street Management) is responsible for the management of Ares Centre Street Partnership, L.P. ACF GP, LLC (ACF GP) is the general partner of Ares Commercial Finance GP LP, which is the general partner of Ares Commercial Finance LP. Ares Management Limited (Management Limited) is responsible for the management of Ares European Credit Strategies Fund VIII (BUMA), L.P. Ares Capital Management II LLC (Capital Management II and, together with Centre Street Management, ACF GP and Management Limited, the Investment Vehicle Managers) is responsible for the management of CION Ares Management, LLC, which is responsible for the management of CION Ares Diversified Credit Fund.
Ares Capital Management is wholly owned by Ares Management LLC. Ares Management LLC is also the general partner, manager or sole member of each of the Investment Vehicle Managers. The sole member of Ares Management LLC is Ares Management Holdings and the general partner of Ares Management Holdings is Ares Holdco. The sole member of Ares Holdco is Ares Holdings, whose sole stockholder is Ares Management. Ares Management GP is the sole holder of the Class B common stock, $0.01 par value per share, of Ares Management (Class B Common Stock) and Ares Voting is the sole holder of the Class C common stock, par value $.01 per share, of Ares Management (Class C Common Stock). Pursuant to Ares Managements Certificate of Incorporation, the holders of the Class B Common Stock and the Class C Common Stock, collectively, will generally have the majority of votes on any matter submitted to the stockholders of Ares Management if certain conditions are met. The sole member of both Ares Management GP and Ares Voting is Ares Partners. Ares Partners is managed by a board of managers which is composed of Michael Arougheti, Ryan Berry, R. Kipp deVeer, David Kaplan, Michael McFerran, Antony Ressler and Bennett Rosenthal (collectively, the Board Members). Mr. Ressler generally has veto authority over decisions by the Board Members. Each of the Reporting Persons (other than Ares Capital, with respect to the shares held directly by it), and the Board Members expressly disclaim beneficial ownership of the shares of Common Stock held by Ares Capital and the Investment Vehicles.
(c) The information contained on the cover pages to this Schedule 13G is incorporated herein by reference.
13
CUSIP No. 15644G104
|
Schedule 13G
|
|
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, other than activities solely in connection with a nomination under § 240.14a-11.
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.
Date: February 14, 2019
|
Ares Capital Corporation
|
|
|
|
|
Signed:
|
/s/ Joshua M. Bloomstein
|
|
Name:
|
Joshua M. Bloomstein
|
|
Title:
|
Authorized Signatory
|
|
|
|
|
Ares Capital Management LLC
|
|
|
|
|
Signed:
|
/s/ Joshua M. Bloomstein
|
|
Name:
|
Joshua M. Bloomstein
|
|
Title:
|
Authorized Signatory
|
|
|
|
|
Ares Management LLC
|
|
|
|
|
Signed:
|
/s/ Naseem Sagati Aghili
|
|
Name:
|
Naseem Sagati Aghili
|
|
Title:
|
Authorized Signatory
|
|
|
|
|
Ares Management Holdings L.P.
|
|
By: Ares Holdco LLC, its general partner
|
|
|
|
Signed:
|
/s/ Naseem Sagati Aghili
|
|
Name:
|
Naseem Sagati Aghili
|
|
Title:
|
Authorized Signatory
|
15