News & Press

Billing Services Group Limited

Announces Further Debt Reduction

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NEWS RELEASE

 

July 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, today announces the repayment of $2.8 million of its senior debt, under the terms of its Credit Agreement, made on June 30, 2010. Accordingly, at the close of business on June 30, 2010, total outstanding senior debt was $74.5 million.

 

END

 

 

Inquiries:

 

Billing Services Group Limited                                       +1 210 949 7000

Greg Carter

Norm Phipps

 

Evolution Securities Limited                                           +44 (0)20 7071 4300

Stuart Andrews

 

Komet Marketing Communications                              +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 www.bsgclearing.com.