October 24, 2014 12:15 PM ET

Company Overview of Moneygram Payment Systems Worldwide, Inc.

Company Overview

Moneygram Payment Systems Worldwide, Inc. was incorporated in 2005 and is based in Minneapolis, Minnesota. Moneygram Payment Systems Worldwide, Inc. operates as a subsidiary of Moneygram International Inc.

1550 Utica Avenue South

Suite 100

Minneapolis, MN 55416

United States

Founded in 2005

Phone:

952-591-3000

Key Executives for Moneygram Payment Systems Worldwide, Inc.

Chief Executive Officer
Age: 57
Compensation as of Fiscal Year 2014.

Moneygram Payment Systems Worldwide, Inc. Key Developments

Moneygram Payment Systems Worldwide, Inc. Enters into the Seventh Supplemental Indenture with the Company and Deutsche Bank Trust Company Americas

On February 15, 2013, Moneygram Payment Systems Worldwide Inc. ('Worldwide') and a wholly-owned subsidiary of MoneyGram International Inc., (the 'company'), entered into the Seventh Supplemental Indenture with the Company, the other guarantors party thereto and Deutsche Bank Trust Company Americas, as trustee and collateral agent which supplements the Indenture, dated as of March 25, 2008 by and among Worldwide, the Company, the other guarantors party thereto and the Trustee, governing Worldwide’s 13.25% Senior Secured Second Lien Notes due 2018. The Seventh Supplemental Indenture amends the Indenture by, among other things, reducing the minimum notice period from 30 days to five days for optional redemptions on or after the fifth anniversary of the Closing Date (as defined in the Indenture).

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