Paragon defers interest payment
Floundering driller Paragon Offshore said it will not make a $15.4 million interest payment due on Friday as it continues to work with lenders to find a solution to the company's debt woes.
Floundering driller Paragon Offshore said it will not make a $15.4 million interest payment due on Friday as it continues to work with lenders to find a solution to the company's debt woes.