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MoneyGram to pay down $40 million of term loan B borrowings
By Sara Rosenberg
New York, Dec. 21 - MoneyGram International will prepay $40 million of its term loan B on Tuesday, according to a news release.
Including this repayment, the company will have paid $187 million toward its outstanding debt obligation in 2009.
MoneyGram is a Minneapolis-based payment services company.
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