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 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.