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Further debt reduction

1 Oct 2009 13:19

RNS Number : 0694A
Billing Services Group Limited
01 October 2009
 

NEWS RELEASE

01 October 2009

Billing Services Group Limited

('BSG' or the 'Company')

Further Debt Reduction

BSG, a leading provider of clearing, settlement, payment and financial risk management solutions to the telecommunications industry, today announces the repayment of $750,000 of its senior debt, under the terms of its Credit Agreement, made on 30 September 2009. Accordingly, at close of business on 30 September 2009, total outstanding senior debt stood at $82.9 million.

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Enquiries:

Billing Services Group Limited  +1 210 949 7000

Greg Carter

Norm Phipps

Evolution Securities Limited  +44 (0)20 7071 4300

Stuart Andrews

The Hogarth Partnership  +44 (0)20 7645 3988

Julian Walker

This information is provided by RNS
The company news service from the London Stock Exchange
 
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