Money transfers via MoneyGram system can be used as by bank customers, and by people who do not have bank accounts. MoneyGram agents are located - in post offices, bank offices, supermarkets, and even travel agencies. MoneyGram's consumers and agents expect reliability and safety and that is precisely what MoneyGram continues to deliver, transaction by transaction. 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. Bank services of MoneyGram on money transfer are available only to individuals. MoneyGram point-of-sale systems are continually upgraded to provide the latest new products and functionality.