On March 7, 2011, MoneyGram entered into a Recapitalization Agreement with THL, as the holder of all of the B Stock, and Goldman Sachs, as the holder of all of the B-1 Stock. Bank services of MoneyGram on money transfer are available only to individuals. MoneyGram offers an efficient, fast and secure way to send money around the world. MoneyGram completed the rollout of simplified pricing for money transfer services in the U.S., an initiative that began last year.