Due to regulatory requirements and consumer demand in Germany and France, MoneyGram opened company stores in both countries. The company installed more than 23,000 new MoneyGram signs around the globe, making it easier for consumers to find MoneyGram agents. The company continues to automate and enhance MoneyGram As part of the 2008 Recapitalization, our wholly owned subsidiary, MoneyGram Payment Systems Worldwide, Inc., issued Goldman Sachs $500.0 million of senior secured second lien notes with a 10-year maturity. For the company MoneyGram is important not only to provide customers with an easy and convenient way to carry out money transfers and support their families at home, but also to help them as much as possible to adapt to the foreign countries. MoneyGram hired compliance officers in many of their global offices to ensure compliance with regulations of specific countries or regions. Thousands of businesses count on MoneyGram for payment services to move money and drive commerce. This is a trust that MoneyGram takes very seriously. In whatever part of the world you are, you can trust your money transfer to the company MoneyGram.