If the filing person has previously filed a statement on Schedule
13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), Rule
13d-1(f) or Rule 13d-1(g), check the following box. [ ]
* 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 disclosures provided in a prior cover page.
The information required on 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. 15942R208
|
SCHEDULE 13D/A
|
Page
2
of 9 Pages
|
1
|
NAME OF REPORTING PERSON
Strategic Value Partners, LLC
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a)
¨
(b)
¨
|
3
|
SEC USE ONLY
|
4
|
SOURCE OF FUNDS
WC (see Item 3)
|
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
|
¨
|
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
|
7
|
SOLE VOTING POWER
0
|
8
|
SHARED VOTING POWER
11,288,288 (1)
|
9
|
SOLE DISPOSITIVE POWER
0
|
10
|
SHARED DISPOSITIVE POWER
11,288,288 (1)
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11,288,288 (1)
|
12
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|
¨
|
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
24.4% (2)
|
14
|
TYPE OF REPORTING PERSON
OO
|
|
|
|
|
|
(1) Consists of (i) 1,399,807 shares of Class A Common
Stock beneficially owned by Strategic Value Partners, LLC as the investment manager of Strategic Value Master Fund, Ltd., (ii)
1,331,851 shares of Class A Common Stock beneficially owned by SVP Special Situations III LLC as the investment manager of Strategic
Value Special Situations Master Fund III, L.P., (iii) 5,900,413 shares of Class A Common Stock beneficially owned by SVP Special
Situations IV LLC as the investment manager of Strategic Value Special Situations Master Fund IV, L.P., and (iv) 2,656,217 shares
of Class A Common Stock beneficially owned by SVP Special Situations III-A LLC as the investment manager of Strategic Value Opportunities
Fund, L.P., all of which may also be deemed to be beneficially owned by Strategic Value Partners, LLC as the managing member of
each such investment manager entity.
(2) Based on 46,341,222 shares of Class A Common Stock of the Issuer outstanding as of May
6, 2019, as reported in the Issuer’s Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2019 filed by
the Issuer with the Securities and Exchange Commission on May 9, 2019.
CUSIP No. 15942R208
|
SCHEDULE 13D/A
|
Page
3
of 9 Pages
|
1
|
NAME OF REPORTING PERSON
SVP Special Situations III LLC
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a)
¨
(b)
¨
|
3
|
SEC USE ONLY
|
4
|
SOURCE OF FUNDS
WC (see Item 3)
|
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
|
¨
|
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
|
7
|
SOLE VOTING POWER
0
|
8
|
SHARED VOTING POWER
1,331,851 (1)
|
9
|
SOLE DISPOSITIVE POWER
0
|
10
|
SHARED DISPOSITIVE POWER
1,331,851 (1)
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,331,851 (1)
|
12
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|
¨
|
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.9% (2)
|
14
|
TYPE OF REPORTING PERSON
OO
|
|
|
|
|
|
(1) Consists of 1,331,851 shares of Class A Common
Stock beneficially owned by SVP Special Situations III LLC as the investment manager of Strategic Value Special Situations Master
Fund III, L.P.
(2) Based on 46,341,222 shares of Class A Common Stock
of the Issuer outstanding as of May 6, 2019, as reported in the Issuer’s Quarterly Report on Form 10-Q for the quarterly
period ended March 31, 2019 filed by the Issuer with the Securities and Exchange Commission on May 9, 2019.
CUSIP No. 15942R208
|
SCHEDULE 13D/A
|
Page
4
of 9 Pages
|
1
|
NAME OF REPORTING PERSON
SVP Special Situations IV LLC
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a)
¨
(b)
¨
|
3
|
SEC USE ONLY
|
4
|
SOURCE OF FUNDS
WC (see Item 3)
|
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
|
¨
|
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
|
7
|
SOLE VOTING POWER
0
|
8
|
SHARED VOTING POWER
5,900,413 (1)
|
9
|
SOLE DISPOSITIVE POWER
0
|
10
|
SHARED DISPOSITIVE POWER
5,900,413 (1)
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,900,413 (1)
|
12
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|
¨
|
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
12.7% (2)
|
14
|
TYPE OF REPORTING PERSON
OO
|
|
|
|
|
|
(1) Consists of 5,900,413 shares of Class A Common
Stock beneficially owned by SVP Special Situations IV LLC as the investment manager of Strategic Value Special Situations Master
Fund IV, L.P.
(2) Based on 46,341,222 shares of Class A Common Stock
of the Issuer outstanding as of May 6, 2019, as reported in the Issuer’s Quarterly Report on Form 10-Q for the quarterly
period ended March 31, 2019 filed by the Issuer with the Securities and Exchange Commission on May 9, 2019.
CUSIP No. 15942R208
|
SCHEDULE 13D/A
|
Page
5
of 9 Pages
|
1
|
NAME OF REPORTING PERSON
SVP Special Situations III-A LLC
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a)
¨
(b)
¨
|
3
|
SEC USE ONLY
|
4
|
SOURCE OF FUNDS
WC (see Item 3)
|
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
|
¨
|
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
|
7
|
SOLE VOTING POWER
0
|
8
|
SHARED VOTING POWER
2,656,217 (1)
|
9
|
SOLE DISPOSITIVE POWER
0
|
10
|
SHARED DISPOSITIVE POWER
2,656,217 (1)
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,656,217 (1)
|
12
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|
¨
|
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.7% (2)
|
14
|
TYPE OF REPORTING PERSON
OO
|
|
|
|
|
|
(1) Consists of 2,656,217 shares of Class A Common
Stock beneficially owned by SVP Special Situations III-A LLC as the investment manager of Strategic Value Opportunities Fund, L.P.
(2) Based on 46,341,222 shares of Class A Common Stock
of the Issuer outstanding as of May 6, 2019, as reported in the Issuer’s Quarterly Report on Form 10-Q for the quarterly
period ended March 31, 2019 filed by the Issuer with the Securities and Exchange Commission on May 9, 2019.
CUSIP No. 15942R208
|
SCHEDULE 13D/A
|
Page
6
of 9 Pages
|
1
|
NAME OF REPORTING PERSON
Victor Khosla
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a)
¨
(b)
¨
|
3
|
SEC USE ONLY
|
4
|
SOURCE OF FUNDS
WC (see Item 3)
|
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
|
¨
|
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
United States
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
|
7
|
SOLE VOTING POWER
0
|
8
|
SHARED VOTING POWER
11,288,288 (1)
|
9
|
SOLE DISPOSITIVE POWER
0
|
10
|
SHARED DISPOSITIVE POWER
11,288,288 (1)
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11,288,288 (1)
|
12
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|
¨
|
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
24.4% (2)
|
14
|
TYPE OF REPORTING PERSON
IN
|
|
|
|
|
|
(1) Consists of (i) 1,399,807 shares of Class A Common
Stock beneficially owned by Strategic Value Partners, LLC as the investment manager of Strategic Value Master Fund, Ltd., (ii)
1,331,851 shares of Class A Common Stock beneficially owned by SVP Special Situations III LLC as the investment manager of Strategic
Value Special Situations Master Fund III, L.P., (iii) 5,900,413 shares of Class A Common Stock beneficially owned by SVP Special
Situations IV LLC as the investment manager of Strategic Value Special Situations Master Fund IV, L.P., and (iv) 2,656,217 shares
of Class A Common Stock beneficially owned by SVP Special Situations III-A LLC as the investment manager of Strategic Value Opportunities
Fund, L.P., all of which may also be deemed to be beneficially owned by Strategic Value Partners, LLC as the managing member of
each such investment manager entity, and which is indirectly majority owned and controlled by the Reporting Person.
(2) Based on 46,341,222 shares of Class A Common Stock
of the Issuer outstanding as of May 6, 2019, as reported in the Issuer’s Quarterly Report on Form 10-Q for the quarterly
period ended March 31, 2019 filed by the Issuer with the Securities and Exchange Commission on May 9, 2019.
CUSIP No. 15942R208
|
SCHEDULE 13D/A
|
Page
7
of 9 Pages
|
AMENDMENT
NO. 4 TO SCHEDULE 13D
Reference
is hereby made to the statement on Schedule 13D filed with the Securities and Exchange Commission (the “SEC”) by the
Reporting Persons with respect to the Class A Common Stock of the Issuer on October 26, 2018, Amendment No. 1 thereto filed with
the SEC on March 20, 2019, Amendment No. 2 thereto filed with the SEC on April 4, 2019 and Amendment No. 3 thereto filed with the
SEC on April 17, 2019 (as so amended, the “Schedule 13D”). Terms defined in the Schedule 13D are used herein as so
defined.
|
Item 3.
|
Source and Amount of Funds or Other Consideration.
|
|
|
Paragraph 3 of Item 3 of the Schedule 13D is hereby amended and restated in its entirety as follows:
|
|
|
|
The Funds acquired an aggregate of 7,442,378 shares of Class A Common Stock in open market purchases using working capital, or funds available for investment, at an aggregate purchase price of approximately $105,633,310.
|
Item 5.
|
Interest in Securities of the Issuer.
|
|
|
Item 5(c) of the Schedule 13D is hereby amended and restated in its entirety as follows:
|
|
|
(c)
|
Information regarding transactions in the shares of Class A Common Stock that have been effected by the Reporting Persons since the filing of Amendment No. 3 to the Schedule 13D is set forth in
Schedule B
which is attached hereto and is incorporated herein by reference.
|
CUSIP No. 15942R208
|
SCHEDULE 13D/A
|
Page
8
of 9 Pages
|
SIGNATURES
After reasonable inquiry
and to the best of his or its knowledge and belief, the undersigned certifies that the information set forth in this statement
is true, complete and correct.
Date: May 21, 2019
|
STRATEGIC VALUE PARTNERS, LLC
|
|
|
|
By:
|
/s/ James Dougherty
|
|
Name:
|
James Dougherty
|
|
Title:
|
Chief Financial Officer
|
|
|
|
|
|
SVP SPECIAL SITUATIONS III LLC
|
|
|
|
By:
|
/s/ James Dougherty
|
|
Name:
|
James Dougherty
|
|
Title:
|
Chief Financial Officer
|
|
|
|
|
|
SVP SPECIAL SITUATIONS IV LLC
|
|
|
|
By:
|
/s/ James Dougherty
|
|
Name:
|
James Dougherty
|
|
Title:
|
Chief Financial Officer
|
|
|
|
|
|
SVP SPECIAL SITUATIONS III-A LLC
|
|
|
|
By:
|
/s/ James Dougherty
|
|
Name:
|
James Dougherty
|
|
Title:
|
Chief Financial Officer
|
|
|
|
By:
|
/s/ Victor Khosla
|
|
|
Victor Khosla
|
CUSIP No. 15942R208
|
SCHEDULE 13D/A
|
Page
9
of 9 Pages
|
SCHEDULE B
TRANSACTIONS IN THE SHARES BY THE REPORTING
PERSONS SINCE THE FILING OF AMENDMENT NO. 3 TO THE SCHEDULE 13D
This Schedule sets forth
all transactions in the shares of Class A Common Stock effected by the Reporting Persons since the filing of Amendment No. 3 to
the Schedule 13D. Except as noted below, all such transactions were effected in the open market through brokers and the price per
share excludes commissions.
Trade Date
|
Shares Purchased (Sold)
|
Price Per Share ($)
|
|
|
|
04/18/2019
|
100,000
|
5.95
|
04/18/2019
|
200,000
|
6.00
|
05/17/2019
|
250,000
|
4.45
|
|
|
|