2/22/2018 | DD | Paragon signs tender deal, eyes completion of Prospector bankruptcy
|
11/30/2017 | DD | Paragon shareholder’s request for Prospector equity committee denied
|
7/21/2017 | DD | Paragon subsidiary Prospector seeks approval to use cash collateral
|
7/20/2017 | DD | Paragon’s Prospector subsidiaries file Chapter 11 after talks fail
|
7/18/2017 | DD | Paragon Offshore exits Chapter 11 after court approves plan changes
|
7/17/2017 | DD | Paragon Offshore receives OK to modify confirmed Chapter 11 plan
|
7/12/2017 | DD | Paragon Offshore requests approval to modify confirmed Chapter 11 plan
|
7/6/2017 | DD | Paragon operating loss shrinks to $1.01 million in May; revenue up
|
7/5/2017 | DD | Paragon Offshore equityholders denied stay of plan confirmation order
|
6/21/2017 | DD | Paragon Offshore equityholders appeal court’s plan confirmation order
|
6/7/2017 | DD | Paragon Offshore amended plan confirmed; early July emergence expected
|
6/6/2017 | DD | Paragon requests sixth exclusivity extension ahead of plan hearing
|
6/5/2017 | DD | Paragon lenders and noteholders OK plan; unsecured creditors reject
|
6/1/2017 | DD | Paragon operating loss grows to $1.3 million in April; revenue down
|
6/1/2017 | DD | Paragon granted fourth extension of cash collateral use termination
|
5/23/2017 | DD | Paragon Offshore: U.K. court appoints joint administrators for company
|
5/17/2017 | DD | Paragon Offshore directors ask U.K. court to appoint administrators
|
5/10/2017 | DD | Paragon Offshore net loss widens to $70.42 million in first quarter
|
5/2/2017 | DD | Paragon operating loss shrinks to $1 million in March; revenue down
|
5/2/2017 | DD | Paragon Offshore reaches agreement in principle on consensual plan
|
5/1/2017 | DD | Paragon disclosure statement approved; plan hearing set for June 5
|
4/26/2017 | DD | Paragon Offshore granted court approval to sell rigs for $2.7 million
|
4/24/2017 | DD | Paragon files new plan of reorganization dropping settlement with Noble
|
4/10/2017 | DD | Paragon Offshore seeks approval to sell rigs for $2.7 million total
|
3/31/2017 | DD | Paragon posts $7.98 million operating loss for February; revenue down
|
3/31/2017 | DD | Paragon Offshore requests fifth exclusivity extension amid mediation
|
3/27/2017 | DD | Paragon Offshore disclosure statement approved; plan hearing June 5
|
3/7/2017 | DD | Paragon committee decries lack of information in disclosure statement
|
3/3/2017 | DD | Paragon Offshore committee looks to hire Ducera as financial adviser
|
2/28/2017 | DD | Paragon Offshore posts $4.31 million of operating income for January
|
2/21/2017 | DD | Paragon Offshore gets fourth exclusivity extension; mediation ordered
|
2/8/2017 | DD | Paragon Offshore creditors committee opposes exclusivity extension
|
2/8/2017 | DD | Paragon Offshore submits new plan based on lender support agreement
|
2/1/2017 | DD | Paragon Offshore operating loss narrows to $1.81 million in December
|
1/27/2017 | DD | Paragon Offshore three-member unsecured creditors committee appointed
|
1/25/2017 | DD | Paragon Offshore gets third exclusivity extension, requests fourth
|
1/19/2017 | HY | Market Commentary: Avaya files for Chapter 11, surges; Paragon falters on agreement; Mallinckrodt rebounds
|
1/19/2017 | DD | Market Commentary: Avaya files for Chapter 11, surges; Paragon falters on reorganization agreement; Mallinckrodt rebounds
|
1/18/2017 | DD | Paragon Offshore, lenders reach agreement in principle on plan terms
|
1/4/2017 | DD | Paragon Offshore operating loss narrows to $1.97 million in November
|
12/20/2016 | DD | Paragon Offshore wins cash collateral use extension to preserve value
|
12/14/2016 | DD | Paragon Offshore seeks exclusivity extension to avoid competing plans
|
11/30/2016 | DD | Paragon Offshore operating loss narrows to $2.01 million in October
|
11/29/2016 | DD | Paragon Offshore eyes cash collateral use extension to preserve value
|
11/22/2016 | DD | Paragon Offshore wins exclusivity extension after confirmation denial
|
11/10/2016 | DD | Paragon Offshore board appoints interim president and CEO, interim CFO
|
11/8/2016 | DD | Paragon Offshore net loss shrinks to $63.62 million in third quarter
|
10/31/2016 | DD | Paragon Offshore seeks exclusivity extension after confirmation denial
|
10/31/2016 | DD | Paragon Offshore records $2.58 million operating loss for September
|
10/28/2016 | DD | Paragon Offshore evaluating next steps after plan confirmation denied
|
9/30/2016 | DD | Paragon Offshore sees $2.07 million August operating loss, no revenue
|
9/27/2016 | DD | Paragon Offshore cash collateral termination date extension approved
|
9/21/2016 | DD | Paragon Offshore Chapter 11 plan OK’d by majority of voting creditors
|
8/29/2016 | DD | Paragon Offshore reports $2.24 million July operating loss, no revenue
|
8/26/2016 | DD | Paragon lender agent asks court to deny exclusivity extension motion
|
8/16/2016 | DD | Paragon disclosure supplement approved; plan hearing resumes Sept. 27
|
8/12/2016 | DD | Paragon Offshore looks to align exclusive periods with plan hearing
|
8/10/2016 | DD | Paragon secures ‘definitive support’ from creditors for revised plan
|
8/8/2016 | DD | Paragon reaches revised plan deal with bondholders, revolver lenders
|
6/29/2016 | DD | Paragon Offshore wins extension in case of plan confirmation delays
|
6/20/2016 | DD | Paragon Offshore reports $8.91 million May net loss on zero revenue
|
6/14/2016 | DD | Paragon Offshore seeks extension in case of plan confirmation delays
|
5/9/2016 | DD | Paragon Offshore sees $5.2 million net loss for quarter ended March 31
|
4/11/2016 | DD | Paragon Offshore disclosure approved; plan hearing set for June 21
|
4/1/2016 | DD | Paragon Offshore sees $5.07 million operating loss for February period
|
3/11/2016 | BKDDHY | Paragon Offshore eyes bankruptcy exit in 2016, ends 2015 with $2.56 billion of long-term debt
|
3/9/2016 | BKCVDDEMHY | S&P global speculative-grade default rate falls to 2.66% in January
|
3/9/2016 | DD | Paragon Offshore granted final court approval to use cash collateral
|
3/1/2016 | BKCVDDHY | S&P estimated U.S. junk default rate climbs in February; Europe down
|
2/19/2016 | BKCVDDEMHY | Prospect News marks eight new defaults for Feb. 11-Feb. 17, S&P three
|
2/17/2016 | DD | Paragon interim cash collateral use approved; final hearing March 9
|
2/17/2016 | BKDD | Moody’s drops, will withdraw Paragon
|
2/16/2016 | BKDDHY | Paragon Offshore files for Chapter 11 to implement restructuring plan
|
2/15/2016 | BKDDHY | Paragon Offshore files for Chapter 11 to implement restructuring plan
|
2/12/2016 | BKDD | S&P downgrades Paragon Offshore to D
|
2/12/2016 | BKDDHY | Paragon reaches deal with noteholders, lenders, plans Chapter 11
|
1/22/2016 | BK | Market Commentary: CLO market remains mute as investors eye potential defaults among stressed issuers
|
1/22/2016 | CL | Market Commentary: CLO market remains mute as investors eye potential defaults among stressed issuers
|
1/22/2016 | BKCVDDEMHY | Prospect News reports five new defaults for Jan. 14-Jan. 20, S&P four
|
1/15/2016 | BKDD | S&P lowers Paragon Offshore, loan
|
1/15/2016 | BKDDHY | Paragon Offshore skips $15.4 million interest on 6¾% notes due 2022
|
12/21/2015 | BKDDHY | Moody’s cuts Paragon Offshore, loans, notes
|
12/2/2015 | BKBWHYLW | Paragon Offshore considering alternatives for balance sheet, says CEO
|
11/9/2015 | BKDDHY | Paragon Offshore may breach revolver leverage ratio covenant
|
10/1/2015 | BKCVDDEMHY | S&P global speculative-grade default rate slides to 2.32% in August
|
9/25/2015 | BKDDHY | Moody's downgrades Paragon
|
9/17/2015 | HY | Market Commentary: Trader: Little impact as Fed holds steady; Samson files bankruptcy; Paragon hires advisors
|
9/17/2015 | DD | Market Commentary: Trader: Little impact as Fed holds steady; Samson files for bankruptcy; Paragon hires advisors
|
9/17/2015 | DDHY | S&P lowers Paragon Offshore
|
9/3/2015 | BKDD | Paragon Offshore draws remaining $332 million from revolving loan
|
8/25/2015 | EM | Moody’s: 11 offshore drillers on downgrade review
|
8/13/2015 | BKBWHYLW | Paragon touts $724 million liquidity after sale-lease back transaction
|
6/9/2015 | BKHY | Moody’s downgrades Paragon
|
1/15/2015 | BKHYIG | Moody’s cuts Paragon Offshore CFR, notes, loans
|
1/15/2015 | HYLM | Paragon Offshore buys back $11 million more 6¾% notes and 7¼% notes
|
12/30/2014 | HYLM | Paragon Offshore buys back $25.2 million 6¾%, 7¼% notes at discount
|
11/21/2014 | HYLM | Prospector holders may put 7¾% bonds due 2019 at 101 due to buyout
|
11/21/2014 | HY | Market Commentary: Distressed market gains ground, rallying with stocks; energy boosted by rising oil prices
|
11/21/2014 | DD | Market Commentary: Distressed bond market gains ground, rallying with stocks; energy boosted by rising oil prices
|
11/18/2014 | HY | Market Commentary: Cliffs bonds weaken as iron prices fall; OAS probed in graft investigation, debt declines
|
11/18/2014 | DD | Market Commentary: Cliffs bonds weaken as iron prices fall; OAS probed in graft investigation, debt declines
|
11/17/2014 | DD | Market Commentary: Energy sector weakens as oil prices retreat further; Guitar Center debt drops as new CEO named
|
10/23/2014 | HY | Market Commentary: Hercules Offshore’s loss wider than expected, bonds come in; Cliffs mixed; NII notes rise
|
10/23/2014 | DD | Market Commentary: Hercules Offshore’s loss wider than expected, bonds come in; Cliffs debt mixed; NII notes rise
|