# EDGAR Filing Document

**Accession Number:** 0001275228
**File Stem:** 0001275228-26-000002
**Filing Date:** 2026-2
**Character Count:** 14683
**Document Hash:** a589038cbfb54c6f529a4dc2d989c2c1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001275228-26-000002.hdr.sgml**: 20260210

**ACCESSION NUMBER**: 0001275228-26-000002

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260210

**DATE AS OF CHANGE**: 20260210

**EFFECTIVENESS DATE**: 20260210

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SHENKMAN CAPITAL MANAGEMENT INC
- **CENTRAL INDEX KEY:** 0001275228

**ORGANIZATION NAME:**
- **EIN:** 133280361
- **STATE OF INCORPORATION:** NY
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-10621
- **FILM NUMBER:** 26614797

**BUSINESS ADDRESS:**
- **STREET 1:** 151 WEST 42ND STREET
- **STREET 2:** 29TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10036
- **BUSINESS PHONE:** 212-867-9090

**MAIL ADDRESS:**
- **STREET 1:** 151 WEST 42ND STREET
- **STREET 2:** 29TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10036

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2025

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** SHENKMAN CAPITAL MANAGEMENT INC<br>**Address:** 151 WEST 42ND STREET<br>29TH FLOOR<br>NEW YORK, NY 10036

**Form 13F File Number:** 028-10621

**CRD Number (if applicable):** 000112192

**SEC File Number (if applicable):** 801-25180

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** James Larsen<br>**Title:** General Counsel<br>**Phone:** 212-867-9090

**Signature, Place, and Date of Signing:**

/s/James Larsen  New York, NY  02-10-2026<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 97

**Form 13F Information Table Value Total:** $947834318

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ADVANCED ENERGY INDS | NOTE 2.500% 9/1 | 007973AE0 |  | 5897103 | 3536000 | PRN |  | SOLE |  | 3536000 | 0 | 0 |
| AEROVIRONMENT INC | NOTE 7/1 | 008073AA6 |  | 4901992 | 4418000 | PRN |  | SOLE |  | 4418000 | 0 | 0 |
| AFFIRM HLDGS INC | NOTE 0.750%12/1 | 00827BAD8 |  | 362997 | 327000 | PRN |  | SOLE |  | 327000 | 0 | 0 |
| AKAMAI TECHNOLOGIES INC | NOTE 1.125% 2/1 | 00971TAN1 |  | 15697670 | 15560000 | PRN |  | SOLE |  | 15560000 | 0 | 0 |
| ALIBABA GROUP HLDG LTD | NOTE 0.500% 6/0 | 01609WBG6 |  | 17224099 | 11126000 | PRN |  | SOLE |  | 11126000 | 0 | 0 |
| ALIGNMENT HEALTHCARE INC | NOTE 4.250%11/1 | 01625VAB0 |  | 7708205 | 4954000 | PRN |  | SOLE |  | 4954000 | 0 | 0 |
| ALLIANT ENERGY CORP | NOTE 3.875% 3/1 | 018802AC2 |  | 2132142 | 2025000 | PRN |  | SOLE |  | 2025000 | 0 | 0 |
| ASCENDIS PHARMA A/S | NOTE 2.250% 4/0 | 04351PAD3 |  | 626047 | 439000 | PRN |  | SOLE |  | 439000 | 0 | 0 |
| BENTLEY SYS INC | NOTE 0.125% 1/1 | 08265TAB5 |  | 4833715 | 4840000 | PRN |  | SOLE |  | 4840000 | 0 | 0 |
| BENTLEY SYS INC | NOTE 0.375% 7/0 | 08265TAD1 |  | 496059 | 525000 | PRN |  | SOLE |  | 525000 | 0 | 0 |
| BLACKLINE INC | NOTE 1.000% 6/0 | 09239BAF6 |  | 18207146 | 16966000 | PRN |  | SOLE |  | 16966000 | 0 | 0 |
| BOFA FIN LLC | MTNF 0.600% 5/2 | 09709UV70 |  | 14107870 | 12896000 | PRN |  | SOLE |  | 12896000 | 0 | 0 |
| BOX INC | NOTE 1.500% 9/1 | 10316TAD6 |  | 7920775 | 8091000 | PRN |  | SOLE |  | 8091000 | 0 | 0 |
| BRIDGEBIO PHARMA INC | NOTE 2.250% 2/0 | 10806XAD4 |  | 12417729 | 10707000 | PRN |  | SOLE |  | 10707000 | 0 | 0 |
| CENTERPOINT ENERGY INC | NOTE 4.250% 8/1 | 15189TBD8 |  | 1126512 | 1013000 | PRN |  | SOLE |  | 1013000 | 0 | 0 |
| CLEAR CHANNEL OUTDOOR HLDGS | COM | 18453H106 |  | 6529642 | 2954589 | SH |  | SOLE |  | 2954589 | 0 | 0 |
| CMS ENERGY CORP | NOTE 3.375% 5/0 | 125896BX7 |  | 12497217 | 11597000 | PRN |  | SOLE |  | 11597000 | 0 | 0 |
| COINBASE GLOBAL INC | NOTE 0.250% 4/0 | 19260QAF4 |  | 2338306 | 2276000 | PRN |  | SOLE |  | 2276000 | 0 | 0 |
| COINBASE GLOBAL INC | NOTE 0.500% 6/0 | 19260QAB3 |  | 3251354 | 3250000 | PRN |  | SOLE |  | 3250000 | 0 | 0 |
| CYTOKINETICS INC | NOTE 3.500% 7/0 | 23282WAC4 |  | 489177 | 339000 | PRN |  | SOLE |  | 339000 | 0 | 0 |
| DATADOG INC | NOTE 12/0 | 23804LAD5 |  | 19404663 | 19012000 | PRN |  | SOLE |  | 19012000 | 0 | 0 |
| DIGITALOCEAN HLDGS INC | NOTE 12/0 | 25402DAB8 |  | 16173988 | 16732000 | PRN |  | SOLE |  | 16732000 | 0 | 0 |
| DROPBOX INC | NOTE 3/0 | 26210CAD6 |  | 21981084 | 21517000 | PRN |  | SOLE |  | 21517000 | 0 | 0 |
| DUKE ENERGY CORP NEW | NOTE 4.125% 4/1 | 26441CBY0 |  | 25876140 | 24688000 | PRN |  | SOLE |  | 24688000 | 0 | 0 |
| ENOVIS CORPORATION | NOTE 3.875%10/1 | 194014AB2 |  | 12199810 | 12112000 | PRN |  | SOLE |  | 12112000 | 0 | 0 |
| ENVISTA HOLDINGS CORPORATION | NOTE 1.750% 8/1 | 29415FAD6 |  | 2351064 | 2426000 | PRN |  | SOLE |  | 2426000 | 0 | 0 |
| ETSY INC | NOTE 0.250% 6/1 | 29786AAN6 |  | 50862515 | 56775000 | PRN |  | SOLE |  | 56775000 | 0 | 0 |
| EVERGY INC | NOTE 4.500%12/1 | 30034WAD8 |  | 7878865 | 6339000 | PRN |  | SOLE |  | 6339000 | 0 | 0 |
| FIRSTENERGY CORP | NOTE 4.000% 5/0 | 337932AR8 |  | 15053160 | 14623000 | PRN |  | SOLE |  | 14623000 | 0 | 0 |
| FLUENCE ENERGY INC | NOTE 2.250% 6/1 | 34379VAB9 |  | 6141492 | 5000000 | PRN |  | SOLE |  | 5000000 | 0 | 0 |
| FLUOR CORP | NOTE 1.125% 8/1 | 343412AJ1 |  | 10732264 | 9062000 | PRN |  | SOLE |  | 9062000 | 0 | 0 |
| FORD MTR CO | NOTE 3/1 | 345370CZ1 |  | 1910235 | 1835000 | PRN |  | SOLE |  | 1835000 | 0 | 0 |
| GAMESTOP CORP NEW | *W EXP 10/30/202 | 36467W117 |  | 59824 | 19614 | SH |  | SOLE |  | 19614 | 0 | 0 |
| GLOBAL PMTS INC | NOTE 1.500% 3/0 | 37940XAU6 |  | 17929783 | 19524000 | PRN |  | SOLE |  | 19524000 | 0 | 0 |
| GREENBRIER COS INC | NOTE 2.875% 4/1 | 393657AM3 |  | 9961198 | 9047000 | PRN |  | SOLE |  | 9047000 | 0 | 0 |
| GUIDEWIRE SOFTWARE INC | NOTE 1.250%11/0 | 40171VAC4 |  | 6462211 | 5758000 | PRN |  | SOLE |  | 5758000 | 0 | 0 |
| H WORLD GROUP LTD | NOTE 3.000% 5/0 | 44332NAB2 |  | 517322 | 404000 | PRN |  | SOLE |  | 404000 | 0 | 0 |
| HAEMONETICS CORP MASS | NOTE 2.500% 6/0 | 405024AD2 |  | 1379602 | 1323000 | PRN |  | SOLE |  | 1323000 | 0 | 0 |
| INVESCO EXCH TRADED FD TR II | SR LN ETF | 46138G508 |  | 62610733 | 2889660 | SH |  | SOLE |  | 2889660 | 0 | 0 |
| ISHARES TR | BROAD USD HIGH | 46435U853 |  | 48110984 | 1280225 | SH |  | SOLE |  | 1280225 | 0 | 0 |
| ITRON INC | NOTE 1.375% 7/1 | 465741AQ9 |  | 8913661 | 8622000 | PRN |  | SOLE |  | 8622000 | 0 | 0 |
| ITRON INC | NOTE 3/1 | 465741AN6 |  | 15543981 | 15671000 | PRN |  | SOLE |  | 15671000 | 0 | 0 |
| JAZZ INVESTMENTS I LTD | NOTE 2.000% 6/1 | 472145AF8 |  | 741648 | 639000 | PRN |  | SOLE |  | 639000 | 0 | 0 |
| JAZZ INVESTMENTS I LTD | NOTE 3.125% 9/1 | 472145AH4 |  | 2392694 | 1782000 | PRN |  | SOLE |  | 1782000 | 0 | 0 |
| JBT MAREL CORPORATION | NOTE 0.250% 5/1 | 477839AB0 |  | 1849080 | 1783000 | PRN |  | SOLE |  | 1783000 | 0 | 0 |
| JD.COM INC | NOTE 0.250% 6/0 | 47215PAJ5 |  | 14728620 | 14749000 | PRN |  | SOLE |  | 14749000 | 0 | 0 |
| JETBLUE AIRWAYS CORP | NOTE 2.500% 9/0 | 477143AR2 |  | 184397 | 188000 | PRN |  | SOLE |  | 188000 | 0 | 0 |
| LANTHEUS HLDGS INC | NOTE 2.625%12/1 | 516544AB9 |  | 433330 | 377000 | PRN |  | SOLE |  | 377000 | 0 | 0 |
| LIBERTY MEDIA CORP DEL | DEB 3.750% 2/1 | 530715AL5 |  | 946707 | 11248000 | SH |  | SOLE |  | 11248000 | 0 | 0 |
| LIBERTY MEDIA CORP DEL | NOTE 2.250% 8/1 | 531229AQ5 |  | 6269521 | 4853000 | PRN |  | SOLE |  | 4853000 | 0 | 0 |
| LIBERTY MEDIA CORP DEL | NOTE 3.750% 3/1 | 531229AP7 |  | 9767101 | 9408000 | PRN |  | SOLE |  | 9408000 | 0 | 0 |
| LIVANOVA PLC | NOTE 2.500% 3/1 | 53802LAB8 |  | 9468020 | 7969000 | PRN |  | SOLE |  | 7969000 | 0 | 0 |
| LIVE NATION ENTERTAINMENT IN | NOTE 2.875% 1/1 | 538034BC2 |  | 6159961 | 5561000 | PRN |  | SOLE |  | 5561000 | 0 | 0 |
| LYFT INC | NOTE 0.625% 3/0 | 55087PAD6 |  | 2215018 | 1801000 | PRN |  | SOLE |  | 1801000 | 0 | 0 |
| MARA HOLDINGS INC | NOTE 3/0 | 565788AF3 |  | 858432 | 1088000 | PRN |  | SOLE |  | 1088000 | 0 | 0 |
| MARA HOLDINGS INC | NOTE 6/0 | 565788AH9 |  | 3209468 | 3807000 | PRN |  | SOLE |  | 3807000 | 0 | 0 |
| MARRIOTT VACATIONS WORLDWIDE | NOTE 1/1 | 57164YAD9 |  | 77906 | 78000 | PRN |  | SOLE |  | 78000 | 0 | 0 |
| MARRIOTT VACATIONS WORLDWIDE | NOTE 3.250%12/1 | 57164YAF4 |  | 8136192 | 8529000 | PRN |  | SOLE |  | 8529000 | 0 | 0 |
| MICROCHIP TECHNOLOGY INC. | NOTE 0.750% 6/0 | 595017BG8 |  | 3816305 | 3975000 | PRN |  | SOLE |  | 3975000 | 0 | 0 |
| MKS INC. | NOTE 1.250% 6/0 | 55306NAB0 |  | 14234535 | 10983000 | PRN |  | SOLE |  | 10983000 | 0 | 0 |
| NABORS INDS INC | NOTE 1.750% 6/1 | 62957HAL9 |  | 244643 | 300000 | PRN |  | SOLE |  | 300000 | 0 | 0 |
| NEXTERA ENERGY CAP HLDGS INC | NOTE 3.000% 3/0 | 65339KCY4 |  | 10435240 | 8198000 | PRN |  | SOLE |  | 8198000 | 0 | 0 |
| NORTHERN OIL  GAS INC | NOTE 3.625% 4/1 | 665531AJ8 |  | 7299164 | 7339000 | PRN |  | SOLE |  | 7339000 | 0 | 0 |
| NUTANIX INC | NOTE 0.500%12/1 | 67059NAK4 |  | 10622256 | 10749000 | PRN |  | SOLE |  | 10749000 | 0 | 0 |
| ON SEMICONDUCTOR CORP | NOTE 0.500% 3/0 | 682189AU9 |  | 16302062 | 16920000 | PRN |  | SOLE |  | 16920000 | 0 | 0 |
| OPTIMUM COMMUNICATIONS INC | CL A | 02156K103 |  | 1443660 | 863189 | SH |  | SOLE |  | 863189 | 0 | 0 |
| ORMAT TECHNOLOGIES INC | NOTE 2.500% 7/1 | 686688AB8 |  | 7592425 | 5481000 | PRN |  | SOLE |  | 5481000 | 0 | 0 |
| PARSONS CORP DEL | NOTE 2.625% 3/0 | 70202LAD4 |  | 30707158 | 28005000 | PRN |  | SOLE |  | 28005000 | 0 | 0 |
| POST HLDGS INC | NOTE 2.500% 8/1 | 737446AT1 |  | 5984673 | 5415000 | PRN |  | SOLE |  | 5415000 | 0 | 0 |
| PPL CAP FDG INC | NOTE 2.875% 3/1 | 69352PAS2 |  | 3984868 | 3599000 | PRN |  | SOLE |  | 3599000 | 0 | 0 |
| PROGRESS SOFTWARE CORP | NOTE 1.000% 4/1 | 743312AB6 |  | 324630 | 325000 | PRN |  | SOLE |  | 325000 | 0 | 0 |
| REDFIN CORP | NOTE 0.500% 4/0 | 75737FAE8 |  | 11345632 | 12041000 | PRN |  | SOLE |  | 12041000 | 0 | 0 |
| REPLIGEN CORP | NOTE 1.000%12/1 | 759916AD1 |  | 11323889 | 10114000 | PRN |  | SOLE |  | 10114000 | 0 | 0 |
| RIVIAN AUTOMOTIVE INC | NOTE 3.625%10/1 | 76954AAD5 |  | 10839315 | 9519000 | PRN |  | SOLE |  | 9519000 | 0 | 0 |
| SABRE GLBL INC | NOTE 7.320% 8/0 | 78573NAK8 |  | 11327789 | 10775000 | PRN |  | SOLE |  | 10775000 | 0 | 0 |
| SOLARIS ENERGY INFRAS INC | NOTE 0.250%10/0 | 83419XAB4 |  | 8255434 | 7500000 | PRN |  | SOLE |  | 7500000 | 0 | 0 |
| SOUTHERN CO | NOTE 4.500% 6/1 | 842587DZ7 |  | 5457150 | 5093000 | PRN |  | SOLE |  | 5093000 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78468R408 |  | 37539184 | 1443140 | SH |  | SOLE |  | 1443140 | 0 | 0 |
| STRATEGY INC | NOTE 12/0 | 594972AS0 |  | 15648400 | 19000000 | PRN |  | SOLE |  | 19000000 | 0 | 0 |
| SUPER MICRO COMPUTER INC | NOTE 3.500% 3/0 | 86800UAB0 |  | 21858428 | 23793000 | PRN |  | SOLE |  | 23793000 | 0 | 0 |
| SYNAPTICS INC | NOTE 0.750%12/0 | 87157DAJ8 |  | 6391906 | 5922000 | PRN |  | SOLE |  | 5922000 | 0 | 0 |
| T1 ENERGY INC | NOTE 5.250%12/0 | 35834FAB0 |  | 1959343 | 1500000 | PRN |  | SOLE |  | 1500000 | 0 | 0 |
| TANDEM DIABETES CARE INC | NOTE 1.500% 3/1 | 875372AD6 |  | 8310686 | 7947000 | PRN |  | SOLE |  | 7947000 | 0 | 0 |
| TETRA TECH INC NEW | DBCV 2.250% 8/1 | 88162GAB9 |  | 9746186 | 8656000 | SH |  | SOLE |  | 8656000 | 0 | 0 |
| TRAVERE THERAPEUTICS INC | NOTE 2.250% 3/0 | 89422GAA5 |  | 9754042 | 6662000 | PRN |  | SOLE |  | 6662000 | 0 | 0 |
| TRIP COM GROUP LTD | NOTE 0.750% 6/1 | 89677QAB3 |  | 1522550 | 1233000 | PRN |  | SOLE |  | 1233000 | 0 | 0 |
| TYLER TEX INDPT SCH DIST | NOTE 0.250% 3/1 | 902252AB1 |  | 10503850 | 10129000 | PRN |  | SOLE |  | 10129000 | 0 | 0 |
| UBER TECHNOLOGIES INC | NOTE 0.875%12/0 | 90353TAM2 |  | 3570429 | 2746000 | PRN |  | SOLE |  | 2746000 | 0 | 0 |
| UNITI GROUP LLC | NOTE 7.500%12/0 | 91325VAB4 |  | 26794510 | 23315000 | PRN |  | SOLE |  | 23315000 | 0 | 0 |
| VARONIS SYS INC | NOTE 1.000% 9/1 | 922280AD4 |  | 14657500 | 15600000 | PRN |  | SOLE |  | 15600000 | 0 | 0 |
| VENTAS RLTY LTD PARTNERSHIP | NOTE 3.750% 6/0 | 92277GAZ0 |  | 2738852 | 1932000 | PRN |  | SOLE |  | 1932000 | 0 | 0 |
| VERTEX INC | NOTE 0.750% 5/0 | 92538JAB2 |  | 7742953 | 7973000 | PRN |  | SOLE |  | 7973000 | 0 | 0 |
| VISHAY INTERTECHNOLOGY INC | NOTE 2.250% 9/1 | 928298AR9 |  | 6889122 | 7437000 | PRN |  | SOLE |  | 7437000 | 0 | 0 |
| WEC ENERGY GROUP INC | NOTE 4.375% 6/0 | 92939UAR7 |  | 2739301 | 2336000 | PRN |  | SOLE |  | 2336000 | 0 | 0 |
| WEC ENERGY GROUP INC | NOTE 4.375% 6/0 | 92939UAP1 |  | 3430413 | 3024000 | PRN |  | SOLE |  | 3024000 | 0 | 0 |
| WORKIVA INC | NOTE 1.250% 8/1 | 98139AAD7 |  | 7451502 | 7357000 | PRN |  | SOLE |  | 7357000 | 0 | 0 |
| WORLD KINECT CORPORATION | NOTE 3.250% 7/0 | 98149GAB6 |  | 8785902 | 8059000 | PRN |  | SOLE |  | 8059000 | 0 | 0 |

---