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Published on 12/21/2009 in the Prospect News Bank Loan Daily.

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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