Billing Services Group Limited
Announces Further Debt Reduction
NEWS RELEASE
October 1, 2010
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, merchants and online stores, announces the repayment of $5.8 million of its senior debt, of which $2.8 million is a scheduled payment and $3.0 million is a voluntary prepayment, made on September 30, 2010. Accordingly, at the close of business on September 30, 2010, total outstanding senior debt was $68.6 million.
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Inquiries:
Billing Services Group Limited +1 210 949 7000
Greg Carter
Norm Phipps
Evolution Securities Limited +44 (0)20 7071 4300
Stuart Andrews
Media Relations +1 210 326 8992
Leslie Komet Ausburn
About BSG:
BSG is headquartered in
