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Titus Reduces Bond Debt

Officials from Titus Interactive have today announced that the company has reduced its bond debt to just €18.2 million ($21.5m), from €98.6 million ($116.1m), representin...

David Jenkins, Blogger

October 7, 2003

1 Min Read

Officials from Titus Interactive have today announced that the company has reduced its bond debt to just €18.2 million ($21.5m), from €98.6 million ($116.1m), representing a decrease of more than 81%. The company’s capital stock now amounts to 19,251,096 shares, of which the founding Caen family owns 6.5% of the capital stock and 12% of the voting rights.

About the Author

David Jenkins

Blogger

David Jenkins ([email protected]) is a freelance writer and journalist working in the UK. As well as being a regular news contributor to Gamasutra.com, he also writes for newsstand magazines Cube, Games TM and Edge, in addition to working for companies including BBC Worldwide, Disney, Amazon and Telewest.

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Opinion: How will Project 2025 impact game developers?

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