FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF

SECURITIES

OMB APPROVAL

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the

Investment Company Act of 1940

1. Name and Address of Reporting Person *

2. Date of Event Requiring

3. Issuer Name and Ticker or Trading Symbol

Statement (MM/DD/YYYY)

Avenue Europe International

12/31/2019

PACIFIC DRILLING S.A. [PACD]

Management GenPar, LLC

(Last)

(First)

(Middle)

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

C/O AVENUE CAPITAL

_____ Director

___X___ 10% Owner

GROUP, 11 WEST 42ND STREET,

_____ Officer (give title below)

_____ Other (specify below)

9TH FLOOR

(Street)

5. If Amendment, Date

6. Individual or Joint/Group Filing(Check Applicable Line)

NEW YORK, NY 10036

Original Filed(MM/DD/YYYY)

___ Form filed by One Reporting Person

_X_ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Beneficially Owned

1.Title of Security

2. Amount of Securities

3. Ownership

4. Nature of Indirect Beneficial Ownership

(Instr. 4)

Beneficially Owned

Form: Direct

(Instr. 5)

(Instr. 4)

(D) or Indirect

(I)

(Instr. 5)

COMMON STOCK

19259574

I

SEE FOOTNOTE (1)(2)(3)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivate Security

2. Date Exercisable

3. Title and Amount of

4. Conversion

5. Ownership

6. Nature of Indirect

(Instr. 4)

and Expiration Date

Securities Underlying

or Exercise

Form of

Beneficial Ownership

(MM/DD/YYYY)

Derivative Security

Price of

Derivative

(Instr. 5)

(Instr. 4)

Derivative

Security:

Security

Direct (D) or

Date

Expiration

Title

Amount or Number of

Indirect (I)

Exercisable

Date

Shares

(Instr. 5)

Explanation of Responses:

  1. Collectively, the securities (the "Common Shares") reported in this Form 3 are held directly by: (i) Avenue Energy Opportunities Fund, L.P., Avenue Energy Opportunities Fund II, L.P., Avenue PPF Opportunities Fund, L.P., Avenue Special Opportunities Fund II, L.P. and Avenue Strategic Opportunities Fund, L.P. (the "US Funds") and (ii) Avenue ASRS Europe Opportunities Fund, L.P., Avenue Europe Opportunities Master Fund, L.P., Avenue Europe Special Situations Fund III (Euro), L.P., and Avenue Europe Special Situations Fund III (U.S.), L.P. (the "Euro Funds") and together with the US Funds, the "Funds").
  2. Avenue Capital Management II, L.P. is the investment manager of the US Funds and may be deemed to have voting and dispositive power over the 13,973,624 Common Shares owned by such entities. Avenue Europe International Management, L.P. is the investment manager of the Euro Funds and may be deemed to have voting and dispositive power over the 5,285,950 Common Shares owned by such entities.
  3. Marc Lasry is the managing member of Avenue Capital Management II GenPar, LLC and Avenue Europe International Management GenPar, LLC. Mr. Lasry may be deemed to be the indirect beneficial owner of the securities reported by the Funds by reason of his ability to direct the vote and/or disposition of such securities, and his pecuniary interest in such shares (within the meaning of Rule 16a-1(a)(2) under the Exchange Act) is a fractional interest in such amount.

Reporting Owners

Reporting Owner Name / Address

Relationships

Director

10% OwnerOfficerOther

Avenue Europe International Management GenPar, LLC

C/O AVENUE CAPITAL GROUP

X

11 WEST 42ND STREET, 9TH FLOOR

NEW YORK, NY 10036

Avenue-ASRS Europe Opportunities Fund, L.P.

C/O AVENUE CAPITAL GROUP

X

11 WEST 42ND STREET, 9TH FLOOR

NEW YORK, NY 10036

Signatures

AVENUE EUROPE INTERNATIONAL MANAGEMENT GENPAR, LLC By: /s/ Andrew K. Schinder, Attorney-in-Fact for Marc Lasry, Managing Member

**Signature of Reporting Person

AVENUE-ASRS EUROPE OPPORTUNITIES FUND, L.P. By: Avenue-ASRS Europe Opportunities Fund GenPar, LLC, its

General Partner By: GL ASRS Europe Partners, LLC, its Sole Member By: /s/ Andrew K. Schinder, Attorney-in-Fact for Marc Lasry, Managing Member

**Signature of Reporting Person

1/7/2020

Date

1/7/2020

Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

  • If the form is filed by more than one reporting person, see Instruction 5(b)(v).
  • Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
    Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

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Pacific Drilling SA published this content on 07 January 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 January 2020 17:02:00 UTC