1 Oct 2008 07:00
1 October 2008
Billing Services Group Limited ("BSG" or "Company")
Debt Reduction Payments
BSG, a leading provider of clearing, settlement, payment and financial risk management solutions to the telecommunications industry, today announces that it has made $12.4m in payments in respect of its senior debt facility since 1 January 2008. At 30 September 2008, total outstanding senior debt stood at $100.1m.
The Company continues to maintain its focus on rapid debt amortization and all other means to create and maximise shareholder value.
ENQUIRIES:
| Billing Services Group Limited Greg Carter Christopher R. Smith | +1 210 949 7000 |
| Evolution Securities Limited Stuart Andrews | +44 (0)20 7071 4300 |
| The Hogarth Partnership Julian Walker | +44 (0)20 7645 3988 |