Due to regulatory requirements and consumer demand in Germany and France, MoneyGram opened company stores in both countries. The company installed more than 23,000 new MoneyGram signs around the globe, making it easier for consumers to find MoneyGram agents. 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. MoneyGram launched a new in-person bill payment service which will be delivered through agents in their domestic network, giving consumers an easy, low-cost method to pay their bills. The benefits of money transfers by MoneyGram: high-speed delivery of transfers (10-15 min). The benefits of money transfers by MoneyGram: the opportunity to send a telegram with money transfer (up to 10 words) for free.