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Filing Details

Accession Number:: 0001604350-25-000011
Form Type:: 13G Filing
Publication Date:: 2025-02-11 19:00:00

Filed By:: Glendon Capital Management
Company:: Container Store Group Inc. (NSE:TCS)
Filing Date:: 2025-02-12
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	Beneficially Owned Number of Shares	Beneficially Owned Number of Aggregate Shares	Percent of Class
Glendon Capital Management L.P.	0	0	0%
Matthew Barrett	0	0	0%
Glendon Opportunities Fund II, L.P.	0	0	0%

Filing

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 2)

Container Store Group, Inc.

(Name of Issuer)

Common Stock, par value $0.01 per share

(Title of Class of Securities)

210751103

(CUSIP Number)

12/31/2024

(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)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No.

210751103

Names of Reporting Persons

Glendon Capital Management L.P.

Check the appropriate box if a member of a Group (see instructions)

(a)

(b)

Sec Use Only

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power
6	Shared Voting Power 0.00
7	Sole Dispositive Power
8	Shared Dispositive Power 0.00

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

Checkbox not checked

Percent of class represented by amount in row (9)

0 %

Type of Reporting Person (See Instructions)

Comment for Type of Reporting Person: The shares reported in the table above represent the balance as of January 28, 2025, the date the Company emerged from bankruptcy, at which point all of the Company's common stock was canceled.

SCHEDULE 13G

CUSIP No.

210751103

Names of Reporting Persons

Matthew Barrett

Check the appropriate box if a member of a Group (see instructions)

(a)

(b)

Sec Use Only

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 0.00
7	Sole Dispositive Power
8	Shared Dispositive Power 0.00

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

Checkbox not checked

Percent of class represented by amount in row (9)

0 %

Type of Reporting Person (See Instructions)

IN, HC

SCHEDULE 13G

CUSIP No.

210751103

Names of Reporting Persons

Glendon Opportunities Fund II, L.P.

Check the appropriate box if a member of a Group (see instructions)

(a)

(b)

Sec Use Only

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 0.00
7	Sole Dispositive Power
8	Shared Dispositive Power 0.00

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

Checkbox not checked

Percent of class represented by amount in row (9)

0 %

Type of Reporting Person (See Instructions)

SCHEDULE 13G

Item 1.

(a)

Name of issuer:

Container Store Group, Inc.

(b)

Address of issuer's principal executive offices:

500 Freeport Parkway, Coppell, Texas, 75019

Item 2.

(a)

Name of person filing:

(1) Glendon Capital Management L.P. (2) Matthew Barrett (3) Glendon Opportunities Fund II, L.P

(b)

Address or principal business office or, if none, residence:

(1) Glendon Capital Management L.P.: 2425 Olympic Blvd., Suite 500E, Santa Monica, CA 90404 (2) Matthew Barrett: 2425 Olympic Blvd., Suite 500E, Santa Monica, CA 90404 (3) Glendon Opportunities Fund II, L.P.: Walkers Corporate Limited, Cayman Corporate Centre, 27 Hospital Rd, Georgetown, Grand Cayman, KY1-9008 Cayman Islands

(c)

Citizenship:

(1) Glendon Capital Management L.P.: Delaware limited partnership (2) Matthew Barrett: United States Citizen (3) Glendon Opportunities Fund II, L.P.: Cayman Islands exempted limited partnership

(d)

Title of class of securities:

Common Stock, par value $0.01 per share

(e)

CUSIP No.:

210751103

Item 3.

If this statement is filed pursuant to §§ 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 § 240.13d-1(b)(1)(ii)(E);

(f)

An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);

(g)

A parent holding company or control person in accordance with § 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)

A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:

(k)

Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).

Item 4.

Ownership

(a)

Amount beneficially owned:

(1) Glendon Capital Management L.P.: 0 (2) Matthew Barrett: 0 (3) Glendon Opportunities Fund II, L.P.: 0

(b)

Percent of class:

(1) Glendon Capital Management L.P.: 0% (2) Matthew Barrett: 0% (3) Glendon Opportunities Fund II, L.P.: 0%

(c)

Number of shares as to which the person has:

(i) Sole power to vote or to direct the vote:

(1) Glendon Capital Management L.P.: 0 (2) Matthew Barrett: 0 (3) Glendon Opportunities Fund II, L.P.: 0

(ii) Shared power to vote or to direct the vote:

(1) Glendon Capital Management L.P.: 0 (2) Matthew Barrett: 0 (3) Glendon Opportunities Fund II, L.P.: 0

(iii) Sole power to dispose or to direct the disposition of:

(1) Glendon Capital Management L.P.: 0 (2) Matthew Barrett: 0 (3) Glendon Opportunities Fund II, L.P.: 0

(iv) Shared power to dispose or to direct the disposition of:

(1) Glendon Capital Management L.P.: 0 (2) Matthew Barrett: 0 (3) Glendon Opportunities Fund II, L.P.: 0

Item 5.

Ownership of 5 Percent or Less of a Class.

Ownership of 5 percent or less of a class

Item 6.

Ownership of more than 5 Percent on Behalf of Another Person.

Not Applicable

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.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and 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. 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.

Glendon Capital Management L.P.

Signature:	Haig Maghakian
Name/Title:	Haig Maghakian / Chief Compliance Officer / General Counsel
Date:	02/12/2025

Matthew Barrett

Signature:	Matthew Barrett
Name/Title:	Matthew Barrett / Individual
Date:	02/12/2025

Glendon Opportunities Fund II, L.P.

Signature:	Haig Maghakian
Name/Title:	Haig Maghakian / Authorized Person
Date:	02/12/2025

Exhibit Information

On January 28, 2025, Container Store Group, Inc. (the "Issuer") emerged from chapter 11 bankruptcy protection. Pursuant to the Issuer's bankruptcy plan of reorganization, all of the Issuer's existing shares of common stock were canceled. A copy of the Issuer's Form 8-K announcing its emergence from bankruptcy and the cancellation of the common stock is referenced as an exhibit attached hereto. Exhibit 1 - Joint Filing Agreement, by and among the Reporting Entities, dated as of February 14, 2025. Exhibit 2 - https://www.sec.gov/ix?doc=/Archives/edgar/data/0001411688/000110465925007267/tm254690d1_8k.htm