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SCHEDULE 13D/A 0001474241 XXXXXXXX LIVE 7 Common Stock, $0.001 par value per share 05/28/2025 false 0001735707 366505105 Garrett Motion Inc. La Piece 16 Rolle V8 1180 Richard Ting (213) 830-6300 Oaktree Capital Group Holdings GP, LLC 333 South Grand Avenue, 28th Floor Los Angeles CA 90071 0001474241 Oaktree Value Opportunities Fund Holdings, L.P. b OO DE 0 7678904 0 7678904 7678904 N 3.8 PN The percent of class is calculated based upon 202,619,947 shares of Common Stock (as defined below) outstanding as of April 25, 2025, as reported on the Form 10-Q filed by the Issuer with the Securities and Exchange Commission ("SEC") on May 1, 2025. Y OCM Opps GTM Holdings, LLC b OO DE 0 25873256 0 25873256 25873256 N 12.8 PN The percent of class is calculated based upon 202,619,947 shares of Common Stock outstanding as of April 25, 2025, as reported on the Form 10-Q filed by the Issuer with the SEC on May 1, 2025. Y Oaktree Capital Holdings, LLC b OO DE 0 8615776 0 8615776 8615776 N 4.3 OO The percent of class is calculated based upon 202,619,947 shares of Common Stock outstanding as of April 25, 2025, as reported on the Form 10-Q filed by the Issuer with the SEC on May 1, 2025. Y Brookfield Corporation b OO A6 0 0 0 0 0 N 0 HC Y BAM Partners Trust b OO A6 0 0 0 0 0 N 0 HC Y Oaktree Phoenix Investment Fund, L.P. b OO E9 0 936872 0 936872 936872 N 0.5 PN The percent of class is calculated based upon 202,619,947 shares of Common Stock outstanding as of April 25, 2025, as reported on the Form 10-Q filed by the Issuer with the SEC on May 1, 2025. Y Oaktree Opportunities Fund Xb Holdings (Delaware) LP b OO DE 0 2405784 0 2405784 2405784 N 1.2 PN The percent of class is calculated based upon 202,619,947 shares of Common Stock outstanding as of April 25, 2025, as reported on the Form 10-Q filed by the Issuer with the SEC on May 1, 2025. Y Brookfield Asset Management ULC b OO A1 0 0 0 0 0 N 0 OO Y Oaktree Capital Group Holdings GP, LLC b OO DE 0 36894816 0 36894816 36894816 N 18.2 OO The percent of class is calculated based upon 202,619,947 shares of Common Stock outstanding as of April 25, 2025, as reported on the Form 10-Q filed by the Issuer with the SEC on May 1, 2025. Common Stock, $0.001 par value per share Garrett Motion Inc. La Piece 16 Rolle V8 1180 This Amendment No. 7 ("Amendment No. 7") amends the Schedule 13D filed on May 14, 2021 (the "Original Schedule 13D"), as amended by Amendment No. 1 on April 17, 2023 ("the Amendment No. 1"), Amendment No. 2 on June 9, 2023 (the Amendment No. 2), Amendment No. 3 on June 14, 2023 (the "Amendment No. 3"), Amendment No. 4, on October 27, 2023 (the Amendment No. 4), Amendment No. 5 on April 29, 2024 (the "Amendment No. 5"), Amendment No. 6 on October 28, 2024 (the "Amendment No. 6" and as further amended by this Amendment No. 7, the "Schedule 13D"). The class of equity securities to which this Schedule 13D relates is the common stock, par value $0.001 per share (the "Common Stock"). Unless specifically amended hereby, the disclosures set forth in the Original Schedule 13D, remain unchanged, provided that if any Item amended herein is incorporated by reference into any other Item in the Schedule 13D as previously amended, such incorporation by reference is also amended hereby. Capitalized terms used but not otherwise defined herein have the meanings given to them in the Schedule 13D. The information set forth in rows (11) and (13) of the cover pages of this Amendment No. 7 is incorporated by reference into this Item 5(a). In the aggregate, the Reporting Persons beneficially own, as of the date hereof, 36,894,816 shares of Common Stock, representing approximately 18.2% of the Common Stock outstanding as of the date hereof. All such ownership percentages of the securities reported herein are based upon 202,619,947 shares of Common Stock outstanding as of April 25, 2025, as reported on the Form 10-Q filed by the Issuer with the SEC on May 1, 2025. This Amendment No. 7 is being filed to reflect changes to the percentages previously reported solely as a result of the change in the outstanding shares of Common Stock reported by the Issuer in its Form 10-Q. Oaktree Value Opportunities Fund Holdings, L.P. directly holds 7,678,904 shares of Common Stock and has the sole power to vote and dispose of such shares; OCM Opps GTM Holdings, LLC directly holds 25,873,256 shares of Common Stock and has the sole power to vote and dispose of such shares of Common Stock; Oaktree Phoenix Investment Fund LP directly holds 936,872 shares of Common Stock and has the sole power to vote and dispose of such shares; Oaktree Opportunities Fund Xb Holdings (Delaware) LP directly holds 2,405,784 shares of Common Stock and has the sole power to vote and dispose of such shares; Oaktree Capital Holdings, LLC, in its capacity as the indirect manager of the OCH Entities and the BOH Entities, may be deemed to beneficially own the aggregate 36,894,816 shares of Common Stock held directly by the BOH Entities and the OCH Entities; Oaktree Capital Group Holdings GP, LLC, in its capacity as the indirect owner of Oaktree Capital Holdings, LLC may be deemed to beneficially own the aggregate 36,894,816 shares of Common Stock held directly by the BOH Entities and the OCH Entities; With respect to the shares of Common Stock reported herein, each of the Reporting Persons may be deemed to have shared voting and dispositive power or the shared power to direct the vote and disposition of the shares of Common Stock which such Reporting Person may be deemed to beneficially own as set forth above. Neither the filing of this Schedule 13D nor any of its contents shall be deemed to constitute an admission by any of the Reporting Persons that it is the beneficial owner of any of the shares of Common Stock referred to herein for the purposes of Section 13(d) of the Act, or for any other purpose, and such beneficial ownership is expressly disclaimed by each Reporting Person, other than each Direct Holder with respect to securities reported as directly held by such Direct Holder. The information set forth in row (7) through (10) of the cover pages of this Amendment No. 7 is incorporated by reference into this Item 5. On May 28, 2025, the Direct Holders sold an aggregate of 188,000 shares of Common Stock at prices ranging from $11.09 to $11.14 for a volume weighted average price of $11.0939 per share. Such transactions were effected as market transactions. On May 29, 2025, the Direct Holders sold an aggregate of 7,000,000 shares of Common Stock in a block trade for $10.30 per share. Except for such market transactions and block sale, the Reporting Persons have not effected any transactions in the Common Stock within the prior 60 days. Not Applicable. Item 5(e) of the Schedule 13D is hereby amended and restated as follows: The Brookfield Reporting Persons, which previously reported together with the Oaktree Reporting Persons, have been determined to no longer act together with the Oaktree Reporting Persons, and therefore have ceased to be the beneficial owners of more than five percent of the securities covered by this Amendment No. 7. Exhibit A Joint Filing Agreement, dated as of April 29, 2024, incorporated by reference to Amendment No. 7. Exhibit B Signature Page, dated May 23, 2025. Oaktree Value Opportunities Fund Holdings, L.P. /s/ Henry Orren Henry Orren / Managing Director, See Exhibit B 05/30/2025 OCM Opps GTM Holdings, LLC /s/ Henry Orren Henry Orren / Authorized Signatory, See Exhibit B 05/30/2025 Oaktree Capital Holdings, LLC /s/ Henry Orren Henry Orren / Managing Director 05/30/2025 Brookfield Corporation /s/ Swati Mandava Swati Mandava / Managing Director, Legal & Regulatory 05/30/2025 BAM Partners Trust /s/ Kathy Sarpash Kathy Sarpash / Secretary, See Exhibit B 05/30/2025 Oaktree Phoenix Investment Fund, L.P. /s/ Henry Orren Henry Orren / Managing Director, See Exhibit B 05/30/2025 Oaktree Opportunities Fund Xb Holdings (Delaware) LP /s/ Henry Orren Henry Orren / Authorized Signatory, See Exhibit B 05/30/2025 Brookfield Asset Management ULC /s/ Kathy Sarpash Kathy Sarpash / Managing Director, Legal & Regulatory 05/30/2025 Oaktree Capital Group Holdings GP, LLC /s/ Henry Orren Henry Orren / Managing Director 05/30/2025