Billing Services Group Limited ('BSG' or the 'Company') Further Debt Reduction

Share Article

BSG announces the repayment of $7.8 million of its senior debt.

News Image

BSG, a leading provider of clearing, settlement, payment and financial risk management solutions to the telecommunications industry, merchants and online stores, announces the repayment of $7.8 million of its senior debt, of which $2.8 million is a scheduled payment and $5.0 million is a voluntary prepayment, made on December 31, 2010. Accordingly, at the close of business on December 31, 2010, total outstanding senior debt was $60.8 million.

Inquiries:

Billing Services Group Limited, +1 210 949 7000
Greg Carter
Norm Phipps

Evolution Securities Limited, +44 (0)20 7071 4300
Stuart Andrews

BSG Media Relations, +1 210 326 8992
Leslie Komet Ausburn

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 http://www.bsgclearing.com.

# # #

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Leslie Komet Ausburn
Visit website