Share Purchase Item 3 above includes a description of the Initial Share Purchases and is incorporated by reference to this Item 4. The Advisor GoldenTree Asset Management Credit Advisor LLC (the "Adviser") serves as the Issuer's investment adviser. The Adviser is registered as an investment adviser with the Securities and Exchange Commission ("SEC") under the Investment Advisers Act of 1940, as amended. The Adviser is a wholly owned subsidiary of the Investment Manager. The Adviser will be responsible for the day-to-day management of the Issuer operating under the direction of the Board of Trustees (the "Board"). Each Trustee holds an indefinite term until the Trustee's resignation, removal, or death. General The Reporting Persons acquired the securities described in this Schedule 13D for investment purposes and intend to review their investments in the Issuer on a continuing basis. Any actions the Reporting Persons might undertake may be made at any time and from time to time without prior notice and will be dependent upon the Reporting Persons' review of numerous factors, including, but not limited to: an ongoing evaluation of the Issuer's financial condition, operations and prospects; price levels of the Issuer's securities; general market, industry and economic conditions; the relative attractiveness of alternative investment opportunities; and other future developments. The Reporting Persons intend to acquire additional securities of the Issuer in the near term (the "Subsequent Investment"). Following the Subsequent Investment, the Reporting Persons may acquire additional securities of the Issuer, or retain or dispose of all or a portion of the securities then held. In addition, the Reporting Persons may engage in discussions with management, the Board, other securityholders of the Issuer and other relevant parties, or encourage, cause or seek to cause the Issuer or such persons to consider or explore extraordinary corporate transactions, including, without limitation, a merger, reorganization or liquidation; business combinations; a sale, transfer or purchase of a material amount of assets; the formation of joint ventures with the Issuer; changes in the present business, operations or strategy of the Issuer; changes to the Board or management of the Issuer; acting as a participant in debt or equity financings of the Issuer; changes to the capitalization, ownership structure, dividend policy, business or corporate structure or governance documents of the Issuer; or any action similar to those enumerated herein. To facilitate their consideration of such matters, the Reporting Persons may retain consultants and advisors and may enter into discussions with potential sources of capital and other third parties. The Reporting Persons may exchange information with any such persons pursuant to appropriate confidentiality or similar agreements. The Reporting Persons will likely take some or all of the foregoing steps at preliminary stages in their consideration of various possible courses of action before forming any intention to pursue any particular plan or direction. Other than as described above, the Reporting Persons do not currently have any plans or proposals that relate to, or would result in, any of the matters listed in Items 4(a)-(j) of Schedule 13D, although, depending on the factors discussed herein, the Reporting Persons may change their purpose or formulate different plans or proposals with respect thereto at any time.