3 Jan 2012 07:00
๏ปฟ
NEWS RELEASE
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December 30, 2011
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Billing Services Group Limited
('BSG' or the 'Company')
Further Debt Reduction
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BSG, a leading provider of clearing, settlement, payment and financial risk management solutions to the telecommunications industry, merchants and online stores, announces the payment of $3.6 million of its senior debt made on December 30, 2011. This amount included a $2.4 million mandatory prepayment and a $1.2 million voluntary prepayment. Accordingly, at the close of business on December 30, 2011, total outstanding senior debt was $36.0 million. This balance reflects cumulative payments of $24.8 million since January 1, 2011, when the Company's outstanding balance totaled $60.8 million.
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Inquiries:
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Billing Services Group Limited +1 210 949 7000
Greg Carter
Norm Phipps
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BSG Media Relations +1 210 326 8992
Leslie Komet Ausburn
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About BSG:
BSG is headquartered in San Antonio, Texas, USA and traded on the London Stock Exchange (AIM: BILL). For more information on BSG, visit www.bsgclearing.com.
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