The Melita Group said today the company initiated a process of refinancing existing debt weeks ago.
It said the process was underway and involved many international lenders.
As part of and in support of the process, a valuation of the business was conducted within which several offers were received.
But no auction sale process for the sale of the company was initiated.
"The company remains focused on completion of the refinancing process to support its ongoing success and rapid growth," it said.