Paragon to file for Chapter 11 - OE Digital

Paragon to file for Chapter 11
OE Digital
Paragon Offshore is planning to file for bankruptcy this week in a deal that will eliminate more than US$1.1 billion of debt and reduce annual cash interest payments by nearly $60 million. Image from Paragon. The company entered into a plan support ...
Paragon Offshore to file for pre-packaged bankruptcyReuters
Weil Reps Rig Operator Paragon Offshore In Ch. 11 PrepackLaw360 (subscription)
Paragon Offshore reaches creditor deal for bankruptcy filingFuelFix (blog)
PR Newswire (press release)
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