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Published on 6/30/2010 in the Prospect News Bank Loan Daily.

MoneyGram International pays down $30 million of term B borrowings

By Sara Rosenberg

New York, June 30 - MoneyGram International prepaid $30 million of its term loan B on Wednesday, according to a news release.

Including this payment, the company has paid $247 million toward its outstanding debt obligation. This represents a 25% decrease in total outstanding debt since Jan. 1, 2009.

MoneyGram is a St. Louis-based payment services company.


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