Due to regulatory requirements and consumer demand in Germany and France, MoneyGram opened company stores in both countries. AgentConnect allows MoneyGram agents to integrate the money transfer service with their internal security and training processes. MoneyGram completed the acquisition of MoneyCard World Express, S.A. (MoneyCard) and Cambios Sol, S.A., two money transfer super-agents located in Spain. 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. It is very convenient and quick to transfer money without opening accounts and having no payment cards, precisely due to this wired transfer system MoneyGram has become one of the most common worldwide. In whatever part of the world you are, you can trust your money transfer to the company MoneyGram.