Around the world, MoneyGram is working with leading financial institutions. 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. Using the MoneyGram system, you can easily send money to your relatives and friends in other countries. What are the main benefits of money transfers by MoneyGram? Reliability - the international payment system gives complete assurance that the money will be paid to the recipient. 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. MoneyGram completed the rollout of simplified pricing for money transfer services in the U.S., an initiative that began last year. MoneyGram financial results were driven by money transfer business, which delivered more than 40 percent growth in transaction volume.