CSG Systems International, Inc. (NASDAQ: CSGS) said that as a result of its second quarter dividend of USD0.1575 per share on its common stock, it will adjust the conversion rate for its outstanding 3.0 percent senior subordinated convertible notes issued in March 2010.
The adjustments are made in accordance with the terms of the indenture agreement.
CSG´s 2010 convertible notes mature on March 1, 2017 and the original USD150,000,000 aggregate principal amount remains outstanding.
CSG Systems International is a market-leading business support solutions and services company serving the majority of the top 100 global communications service providers. Its website is at www.csgi.com.