Offshore energy company emerges from bankruptcy, eliminating $2.3B of debt – Houston Business Journal

Posted: July 19, 2017 at 4:30 am


Houston Business Journal
Offshore energy company emerges from bankruptcy, eliminating $2.3B of debt
Houston Business Journal
Paragon Offshore Ltd. announced July 18 it has emerged from bankruptcy after completing a restructuring that eliminated $2.3 billion of debt. The successor company to Paragon Offshore PLC (OTC: PGNPQ), which filed for bankruptcy in February 2016 with ...
Paragon Offshore Completes Restructuring Plan and Emerges From Chapter 11GlobeNewswire (press release)

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Offshore energy company emerges from bankruptcy, eliminating $2.3B of debt - Houston Business Journal

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