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. The benefits of money transfers by MoneyGram: simplicity in making up. MoneyGram completed the rollout of simplified pricing for money transfer services in the U.S., an initiative that began last year. The benefits of money transfers by MoneyGram: the transfer is available in the system to obtain within 90 days. MoneyGram International, one of the leaders in the market of international money transfers, announced about its entering the market of Bosnia and Herzegovina, started cooperation with the country's largest bank Nova Bank.
MoneyGram completed the rollout of simplified pricing for money transfer services in the U.S., an initiative that began last year. The benefits of money transfers by MoneyGram: the transfer is available in the system to obtain within 90 days. The benefits of money transfers by MoneyGram: simplicity in making up.