MoneyGram's financial performance has stabilized since its recapitalization in March 2008. We are affirming our 'B+' long-term counterparty credit rating on MoneyGram and revising our outlook to stable from negative. High leverage associated with MoneyGram's recapitalization limits the rating. NEW YORK (Standard&Poor's) Dec. 17, 2010--Standard&Poor's Ratings Services said today that it affirmed its 'B+' long-term counterparty credit rating on MoneyGram International. At the same time, the outlook was revised to stable from negative. "The rating action reflects the stabilization of MoneyGram's financial performance since its recapitalization in March 2008," said Standard&Poor's credit analyst Rian M. Pressman, CFA. In particular, generally accepted accounting principles (GAAP) net income was positive for the 12 months ended Sept.
