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8-K - LIVE FILING - MONEYGRAM INTERNATIONAL INC | htm_40042.htm |
MoneyGram International Makes $75 million Debt Prepayment
DALLAS, Dec. 10, 2010 MoneyGram International (NYSE:MGI), a global leader in the payment services industry, today announced it will make an optional $75 million prepayment on its tranche B term loan under the senior secured credit facility. The loan payment will be made today, Friday, Dec. 10, 2010.
Including this latest payment, MoneyGram International will have paid $165 million toward its outstanding debt obligation in 2010 and a total of $352 million since Jan. 1, 2009. This represents a 35 percent decrease in the companys total outstanding debt since Jan. 1, 2009.
About MoneyGram International
MoneyGram International, a leading global payments services company, enables consumers who are not
fully served by traditional financial institutions to meet their financial needs. MoneyGram offers
money transfer services worldwide and bill payment services in the United States through a global
network of more than 207,000 agent locationsincluding retailers, international post offices and
financial institutionsin more than 190 countries and territories around the world. To learn more
about money transfer or bill payment at an agent location or online, please visit
www.moneygram.com or connect with us on Facebook.
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Contacts
Media:
Lynda Michielutti
952-591-3846
lmichielutti@moneygram.com
Investors:
Alex Holmes
720-568-8703
aholmes@moneygram.com