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Billing Services Group Makes USD500,000 Debt Repayment

31st Jul 2015 08:55

LONDON (Alliance News) - Telecommunications clearing and financial settlement products provider Billing Services Group Ltd on Friday said it has made a further USD500,000 repayment on its senior debt facility.

Following the repayment, the company has USD1 million in outstanding senior debt. It intends to make two further payments of USD500,000 each in August and September to pay off the remaining debt.

Shares in Billing Services were untraded Friday, having last traded at 4.50 pence.

By Sam Unsted; [email protected]; @SamUAtAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.


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