ATN Repays Its Million Dollar Debenture

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[{"type":"text","content":"\n\n\n\nTORONTO, June 9 /CNW/ - Asian Television Network International Limited\n(ATN) (TSX-SAT), Canada's pioneer South Asian broadcaster and the country's\nlargest distributor of world class cricket is pleased to announce the total\nrepayment of our million dollar debenture due June 9 2008. "We are pleased\nthat we have been able to repay this debenture from our operating cash\nflow"said Mr. Shan Chandrasekar President and CEO of ATN.\n\n\n"ATN will continue to present an improving balance sheet for our\ninvestors with this pay down of a significant portion of our long-term debt\nwhich was achieved by our outstanding growth in revenue and earnings over the\npast 3 years." said Mr. Byrne Fulton Chief financial Officer of ATN\n\n\nATN operates 14 television channels and ATN also operates ATN Asian Radio\non XM 159 the only Satellite Radio serving North Americas South Asian\nDiaspora. ATN has programming alliances with leading International\nBroadcasters.\n\n\nFor more Information about ATN please visit our website\nwww.asiantelevision.com.\n\n\nThe TSX Venture Exchange does not accept responsibility for the adequacy\n\n\nor accuracy of this release. We rely on safe harbour provision.\n\n\n","length":1278,"tagName":"div"}]

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