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Debt Reduction

4th Jan 2010 07:00

RNS Number : 9250E
Billing Services Group Limited
04 January 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 December 31, 2009. Accordingly, at close of business on December 31, 2009, total outstanding senior debt stood at $80.1 million.

January 4, 2010

END

Enquiries:

Billing Services Group Limited  +1 210 949 7000

Greg Carter

Norm Phipps

Evolution Securities Limited  +44 (0)20 7071 4300

Stuart Andrews

Sam Plumptre

The Hogarth Partnership  +44 (0)20 7645 3988

Julian Walker

Komet Marketing Communications +1 210 326 8992

Leslie Komet Ausburn

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