In due time MoneyGram separated from the Western Union and became an independent brand. 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. MoneyGram offers an efficient, fast and secure way to send money around the world. In whatever part of the world you are, you can trust your money transfer to the company MoneyGram.