Sapiens International Corporation N.V. (SPNS) said Sunday it paid the fourth and final installment of the principal amount of the convertible debentures Series A of the company, in the amount of about $5.3 million. This completes Sapiens' payment of an aggregate amount of nearly $26.5 million of the principal amount of convertible debentures Series A of the company.
Roni Al Dor, President & Chief Executive Officer of the company said, ''We view the final payment of the debentures as an important milestone in the lifecycle of the company...Today, we are in a good financial position, and, after we have improved our bottom line, we are focussed on increasing our revenues by penetrating into new markets globally, as well as by exploring mergers and acquisitions with companies operating in synergetic fields."
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.