Form D Raw Data - Electronic Filing Depository

EFDID: 36092EFD: Raw Data

Issuer: Mudrick Stressed Credit Fund Ltd. (0001518613) - D/A

Accession: 0000950103-21-010838 () (EDGAR Files) (Form D)

Edgar Posted: Jul. 21, 2021
EFD Posted: Jul. 21, 2021

- < edgarSubmission >

< schemaVersion > X0708 </ schemaVersion >

< submissionType > D/A </ submissionType >

< testOrLive > LIVE </ testOrLive >

- < primaryIssuer >

< cik > 0001518613 </ cik >

< entityName > Mudrick Stressed Credit Fund Ltd. </ entityName >

- < issuerAddress >

< street1 > 527 MADISON AVENUE, 6TH FLOOR </ street1 >

< city > NEW YORK </ city >

< stateOrCountry > NY </ stateOrCountry >

< stateOrCountryDescription > NEW YORK </ stateOrCountryDescription >

< zipCode > 10022 </ zipCode >

</ issuerAddress >

< issuerPhoneNumber > (646) 747-9500 </ issuerPhoneNumber >

< jurisdictionOfInc > CAYMAN ISLANDS </ jurisdictionOfInc >

- < issuerPreviousNameList >

< value > None </ value >

</ issuerPreviousNameList >

- < edgarPreviousNameList >

< previousName > CVC GLOBAL CREDIT OPPORTUNITIES FUND, LTD. </ previousName >

< previousName > APIDOS SELECT CORPORATE CREDIT FUND, LTD. </ previousName >

</ edgarPreviousNameList >

< entityType > Other </ entityType >

< entityTypeOtherDesc > Cayman Islands Exempted Company </ entityTypeOtherDesc >

- < yearOfInc >

< overFiveYears > true </ overFiveYears >

</ yearOfInc >

</ primaryIssuer >

- < relatedPersonsList >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > - </ firstName >

< lastName > Mudrick Capital Management, L.P. </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 527 Madison Avenue, 6th Floor </ street1 >

< city > New York </ city >

< stateOrCountry > NY </ stateOrCountry >

< stateOrCountryDescription > NEW YORK </ stateOrCountryDescription >

< zipCode > 10022 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Executive Officer </ relationship >

< relationship > Promoter </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification > Investment Manager of the Issuer </ relationshipClarification >

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > Jason </ firstName >

< lastName > Mudrick </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 527 Madison Avenue, 6th Floor </ street1 >

< city > New York </ city >

< stateOrCountry > NY </ stateOrCountry >

< stateOrCountryDescription > NEW YORK </ stateOrCountryDescription >

< zipCode > 10022 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Executive Officer </ relationship >

< relationship > Promoter </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification > President of the Issuer's Investment Manager </ relationshipClarification >

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > Oscar </ firstName >

< middleName > K. </ middleName >

< lastName > Anderson III </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 527 Madison Avenue, 6th Floor </ street1 >

< city > New York </ city >

< stateOrCountry > NY </ stateOrCountry >

< stateOrCountryDescription > NEW YORK </ stateOrCountryDescription >

< zipCode > 10022 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Director </ relationship >

</ relatedPersonRelationshipList >

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > Cormac </ firstName >

< lastName > Sheehan </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 190 Elgin Avenue </ street1 >

< city > George Town, Grand Cayman </ city >

< stateOrCountry > E9 </ stateOrCountry >

< stateOrCountryDescription > CAYMAN ISLANDS </ stateOrCountryDescription >

< zipCode > KY1-9005 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Director </ relationship >

</ relatedPersonRelationshipList >

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > Padraig </ firstName >

< lastName > Hoare </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 190 Elgin Avenue </ street1 >

< city > George Town, Grand Cayman </ city >

< stateOrCountry > E9 </ stateOrCountry >

< stateOrCountryDescription > CAYMAN ISLANDS </ stateOrCountryDescription >

< zipCode > KY1-9005 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Director </ relationship >

</ relatedPersonRelationshipList >

</ relatedPersonInfo >

</ relatedPersonsList >

- < offeringData >

- < industryGroup >

< industryGroupType > Pooled Investment Fund </ industryGroupType >

- < investmentFundInfo >

< investmentFundType > Hedge Fund </ investmentFundType >

< is40Act > false </ is40Act >

</ investmentFundInfo >

</ industryGroup >

- < issuerSize >

< aggregateNetAssetValueRange > Decline to Disclose </ aggregateNetAssetValueRange >

</ issuerSize >

- < federalExemptionsExclusions >

< item > 06b </ item >

< item > 3C </ item >

< item > 3C.7 </ item >

</ federalExemptionsExclusions >

- < typeOfFiling >

- < newOrAmendment >

< isAmendment > true </ isAmendment >

< previousAccessionNumber > 0001518613-19-000001 </ previousAccessionNumber >

</ newOrAmendment >

- < dateOfFirstSale >

< value > 2009-02-27 </ value >

</ dateOfFirstSale >

</ typeOfFiling >

- < durationOfOffering >

< moreThanOneYear > true </ moreThanOneYear >

</ durationOfOffering >

- < typesOfSecuritiesOffered >

< isPooledInvestmentFundType > true </ isPooledInvestmentFundType >

</ typesOfSecuritiesOffered >

- < businessCombinationTransaction >

< isBusinessCombinationTransaction > false </ isBusinessCombinationTransaction >

</ businessCombinationTransaction >

< minimumInvestmentAccepted > 100000 </ minimumInvestmentAccepted >

- < salesCompensationList >

- < recipient >

< recipientName > Resource Securities Inc. </ recipientName >

< recipientCRDNumber > 133022 </ recipientCRDNumber >

< associatedBDName > Resource Securities Inc. </ associatedBDName >

< associatedBDCRDNumber > 133022 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 1845 WALNUT STREET </ street1 >

< street2 > 17TH FLOOR </ street2 >

< city > PHILADELPHIA </ city >

< stateOrCountry > PA </ stateOrCountry >

< stateOrCountryDescription > PENNSYLVANIA </ stateOrCountryDescription >

< zipCode > 19103 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< value > All States </ value >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Far Hills Group, LLC </ recipientName >

< recipientCRDNumber > 32243 </ recipientCRDNumber >

< associatedBDName > Far Hills Group, LLC </ associatedBDName >

< associatedBDCRDNumber > 32243 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 1180 AVENUE OF THE AMERICAS </ street1 >

< street2 > 18TH FLOOR </ street2 >

< city > NEW YORK </ city >

< stateOrCountry > NY </ stateOrCountry >

< stateOrCountryDescription > NEW YORK </ stateOrCountryDescription >

< zipCode > 10036 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< value > All States </ value >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > CVC Funding, LLC </ recipientName >

< recipientCRDNumber > 277056 </ recipientCRDNumber >

< associatedBDName > CVC Funding, LLC </ associatedBDName >

< associatedBDCRDNumber > 277056 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 712 FIFTH AVENUE </ street1 >

< street2 > 43RD FLOOR </ street2 >

< city > NEW YORK </ city >

< stateOrCountry > NY </ stateOrCountry >

< stateOrCountryDescription > NEW YORK </ stateOrCountryDescription >

< zipCode > 10019 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< value > All States </ value >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > London Management Group LLP </ recipientName >

< recipientCRDNumber > None </ recipientCRDNumber >

< associatedBDName > None </ associatedBDName >

< associatedBDCRDNumber > None </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 105 PICCADILLY </ street1 >

< city > LONDON </ city >

< stateOrCountry > X0 </ stateOrCountry >

< stateOrCountryDescription > UNITED KINGDOM </ stateOrCountryDescription >

< zipCode > W1J 7NJ </ zipCode >

</ recipientAddress >

< statesOfSolicitationList />

< foreignSolicitation > true </ foreignSolicitation >

</ recipient >

</ salesCompensationList >

- < offeringSalesAmounts >

< totalOfferingAmount > Indefinite </ totalOfferingAmount >

< totalAmountSold > 495277609 </ totalAmountSold >

< totalRemaining > Indefinite </ totalRemaining >

</ offeringSalesAmounts >

- < investors >

< hasNonAccreditedInvestors > false </ hasNonAccreditedInvestors >

< totalNumberAlreadyInvested > 192 </ totalNumberAlreadyInvested >

</ investors >

- < salesCommissionsFindersFees >

- < salesCommissions >

< dollarAmount > 2940000 </ dollarAmount >

< isEstimate > true </ isEstimate >

</ salesCommissions >

- < findersFees >

< dollarAmount > 0 </ dollarAmount >

</ findersFees >

< clarificationOfResponse > Fees are calculated based on management fee received by and/or carried interest allocated to the Investment Manager for relevant investors. Reported amount includes an estimate for the current annual period. </ clarificationOfResponse >

</ salesCommissionsFindersFees >

- < useOfProceeds >

- < grossProceedsUsed >

< dollarAmount > 0 </ dollarAmount >

</ grossProceedsUsed >

< clarificationOfResponse > Investors in the Issuer are subject to a management fee and incentive allocation and the Issuer pays its outside directors annual directors' fees at a market rate, as provided in the Issuer's offering materials. </ clarificationOfResponse >

</ useOfProceeds >

- < signatureBlock >

< authorizedRepresentative > false </ authorizedRepresentative >

- < signature >

< issuerName > Mudrick Stressed Credit Fund Ltd. </ issuerName >

< signatureName > /s/ John O'Callaghan </ signatureName >

< nameOfSigner > John O'Callaghan </ nameOfSigner >

< signatureTitle > Chief Compliance Officer of the Investment Manage </ signatureTitle >

< signatureDate > 2021-07-21 </ signatureDate >

</ signature >

</ signatureBlock >

</ offeringData >

</ edgarSubmission >