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Statement re Debt Reduction Payments

1 Oct 2008 07:00

RNS Number : 7754E
Billing Services Group Limited
01 October 2008
 



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

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
STRDBGDCLBXGGIG
Date   Source Headline
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