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Further Debt Reduction

31st Jul 2015 07:00

RNS Number : 6499U
Billing Services Group Limited
31 July 2015
 



 

 

NEWS RELEASE

 

 

July 31, 2015

 

 

Billing Services Group Limited

('BSG' or the 'Company')

Further Debt Reduction

 

BSG, a leading provider of telecommunications clearing and financial settlement products, Wi-Fi data solutions and verification services, announces that, further to the announcement made on June 30, 2015, repayment of $0.5 million of its senior debt was made today. Accordingly, at the close of business today, total outstanding senior debt is $1.0 million.

 

The Company intends to make further payments of $0.5 million at each month end of August and September.

 

 

END

 

 

Inquiries:

 

Billing Services Group Limited +1 210 949 7000

Norm Phipps

 

finnCap Limited +44 (0)20 7220 0500

Stuart Andrews/Scott Mathieson

 

BSG Media Relations +1 210 326 8992

Leslie Komet Ausburn

 

About BSG:

BSG has locations in San Antonio, Texas, USA and London, United Kingdom, and is traded on the London Stock Exchange (AIM: BILL). For more information on BSG, visit www.bsgclearing.com.

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