MoneyGram International Makes $30 Million Debt Payment

MoneyGram International MGI announces it will make an optional $30 million prepayment on its tranche B term loan under the senior secured credit facility. The loan payment will be made today, Wednesday, Sept. 29, 2010. Including this latest payment, MoneyGram International will have paid $277 million toward its outstanding debt obligation. This represents a 28 percent decrease in the company's total outstanding debt since Jan. 1, 2009.