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Filing Details

Accession Number:: 0001567619-23-002835
Form Type:: 13G Filing
Publication Date:: 2023-02-13 19:00:00

Filed By:: Glendon Capital Management
Company:: Stealthgas Inc.
Filing Date:: 2023-02-14
SEC Url:: 13G Filing

Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name	Sole Voting Power	Shared Voting Power	Sole Dispositive Power	Shared Dispositive Power	Aggregate Amount Owned Power	Percent of Class
Glendon Capital Management	6	5,906,056	8	5,906,056	5,906,056	15.57%
Brian Berman	6	5,906,056	8	5,906,056	5,906,056	15.57%
Glendon Opportunities Fund	6	4,739,902	8	4,739,902	4,739,902	12.50%

Filing

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. 01)*

Stealthgas Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

Y81669106

(CUSIP Number)

Calendar Year 2022

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

x Rule 13d-1(b)

x Rule 13d-1(c)

o Rule 13d-1(d)

* 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.

Y81669106


1	NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
	Glendon Capital Management L.P. 46-1394333

2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
	(a) o
	(b) o

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



		6	SHARED VOTING POWER

			5,906,056

		7	SOLE DISPOSITIVE POWER



		8	SHARED DISPOSITIVE POWER

			5,906,056

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

	5,906,056

10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

	o

11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

	15.57%

12	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

	IA
	FOOTNOTES

	This amount reflects holdings as of December 31, 2022. Percentage ownership is calculated on 37,924,542 weighted average number of shares outstanding of the Issuer's common stock as disclosed in the Issuer's Form 6-K dated as of November 21, 2022.

CUSIP No.

Y81669106


1	NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
	Brian Berman

2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
	(a) o
	(b) o

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



		6	SHARED VOTING POWER

			5,906,056

		7	SOLE DISPOSITIVE POWER



		8	SHARED DISPOSITIVE POWER

			5,906,056

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

	5,906,056

10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

	o

11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

	15.57%

12	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

	IN , HC
	FOOTNOTES

	This amount reflects holdings as of December 31, 2022. Percentage ownership is calculated on 37,924,542 weighted average number of shares outstanding of the Issuer's common stock as disclosed in the Issuer's Form 6-K dated as of November 21, 2022. Pursuant to investment discretion delegated to him by Glendon Capital Management L.P.'s investment committee, Mr. Berman is deemed to have the power to vote and dispose of the identified shares.

CUSIP No.

Y81669106


1	NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
	Glendon Opportunities Fund, L.P. 47-0976401

2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
	(a) o
	(b) o

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



		6	SHARED VOTING POWER

			4,739,902

		7	SOLE DISPOSITIVE POWER



		8	SHARED DISPOSITIVE POWER

			4,739,902

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

	4,739,902

10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

	o

11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

	12.50%

12	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

	FI
	FOOTNOTES

	This amount reflects holdings as of December 31, 2022. Percentage ownership is calculated on 37,924,542 weighted average number of shares outstanding of the Issuer's common stock as disclosed in the Issuer's Form 6-K dated as of November 21, 2022.

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.

	Glendon Capital Management L.P.

Date: February 14, 2023	By:	/s/ Haig Maghakian
		Name: Haig Maghakian
		Title: Chief Compliance Officer / General Counsel



Date: February 14, 2023	By:	/s/ Brian Berman
		Name: Brian Berman
		Title: Individual

	Glendon Opportunities Fund, L.P.

Date: February 14, 2023	By:	/s/ Haig Maghakian
		Name: Haig Maghakian
		Title: Authorized Person

Footnotes:

Glendon Capital Associates LLC ("GCA") is the general partner of the Glendon Opportunities Fund, L.P. ("G1"). Pursuant to an investment management agreement, GCA has delegated its investment management authority in respect of G1 to Glendon Capital Management L.P.

Attention:

Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001)