Search Results for: MoneyGram

MoneyGram Announces $15 Million Voluntary Term Loan Principal Repayment and $50 Million Stock Repurchase Program
Digital Payments News

MoneyGram Announces $15 Million Voluntary Term Loan Principal Repayment and $50 Million Stock Repurchase Program

Fintech News Desk
by Fintech News Desk0
MoneyGram International, Inc., the global leader in the evolution of digital P2P payments, announced two measures to continue to improve its capital structure and further reduce its outstanding long-term debt balance.  The Company announced it will make a $15 million voluntary term loan principal repayment.  In addition, the board of directors......
MoneyGram Announces Innovative Partnership with the Stellar Development Foundation to Utilize Blockchain Technology
Blockchain Cryptocurrency Digital Digital Payments News

MoneyGram Announces Innovative Partnership with the Stellar Development Foundation to Utilize Blockchain Technology

Fintech News Desk
by Fintech News Desk0
Partnership enables digital wallets connected to the Stellar network to access MoneyGram’s global retail platform, providing a bridge between digital assets and local currencies for consumers Partnership will also revolutionize settlement flows by facilitating near-instant settlement in USDC MoneyGram International, Inc., the global leader in the evolution of digital P2P......
MoneyGram Announces Closing of Private Offering of $415 Million of Senior Secured Notes and $400 Million Senior Secured Term Loan
Banking Digital Payments News

MoneyGram Announces Closing of Private Offering of $415 Million of Senior Secured Notes and $400 Million Senior Secured Term Loan

Fintech News Desk
by Fintech News Desk0
MoneyGram International, Inc. announced the closing of its previously announced private offering of $415 million aggregate principal amount of 5.375% senior secured notes due 2026 (the “notes”) and related guarantees (as defined below). Substantially concurrently with the closing of the offering, the Company closed a new $400 million senior secured term loan, and also......
MoneyGram Reports Another Strong Month of Digital Growth Amidst a Pivotal Year for the Business
Business Digital Payments Mobile Banking News

MoneyGram Reports Another Strong Month of Digital Growth Amidst a Pivotal Year for the Business

Fintech News Desk
by Fintech News Desk0
The Company delivered 44% YoY cross-border transaction growth for June in MoneyGram Online (MGO), its direct-to-consumer digital business Transactions received digitally by customers hit at an all-time high in the quarter with 77% YoY growth MoneyGram International, Inc., a global leader in the evolution of digital P2P payments, announced that......
MoneyGram Announces Pricing of Private Offering of $415 Million of Senior Secured Notes
Banking News

MoneyGram Announces Pricing of Private Offering of $415 Million of Senior Secured Notes

Fintech News Desk
by Fintech News Desk0
MoneyGram International, Inc.announced the pricing of its previously announced private offering of $415 million aggregate principal amount of 5.375% senior secured notes due 2026 (the “notes”) and related guarantees. The offering is expected to close on July 21, 2021, subject to customary closing conditions. Read More: Verizon Business and Mastercard Partner to Bring......
MoneyGram Strengthens Balance Sheet, Reduces Debt by $100 Million Ahead of Planned Refinancing
Digital Payments Fintech News

MoneyGram Strengthens Balance Sheet, Reduces Debt by $100 Million Ahead of Planned Refinancing

Fintech News Desk
by Fintech News Desk0
MoneyGram International, Inc. is announcing that it has prepaid $100 million of principal balance under its Second Lien Credit Agreement, dated as of June 26, 2019, with Bank of America, N.A., as administrative agent, the financial institutions party thereto as lenders and the other agents party thereto. MoneyGram also paid a required $4 million prepayment call......
MoneyGram Announces Completion of ATM Equity Offering Program and Provides Update on Refinancing Plans
Finance Fintech News

MoneyGram Announces Completion of ATM Equity Offering Program and Provides Update on Refinancing Plans

Fintech News Desk
by Fintech News Desk0
MoneyGram Raised $99.8 Million in Gross Proceeds MoneyGram International, Inc. is announcing the completion of its previously announced “at-the-market” equity offering program (the “ATM Program”) which provided for the offer and sale, from time to time, of shares of its common stock (the “Shares”) having an aggregate sales price of up to $100 million. In......
MoneyGram Delivers All-Time Record High for MoneyGram Online Transactions in May
Business Digital Digital Payments News

MoneyGram Delivers All-Time Record High for MoneyGram Online Transactions in May

Fintech News Desk
by Fintech News Desk0
MoneyGram Online (MGO) also delivered all-time highs in cross-border transaction and revenue as well as in digital receives and sends through Visa Direct MoneyGram International, Inc., a global leader in the evolution of digital P2P payments, announced an all-time high in money transfer transactions for May in its direct-to-consumer channel,......
MoneyGram Reaches a Historical Record of Online Transactions During the Month of May
Digital Finance Fintech News

MoneyGram Reaches a Historical Record of Online Transactions During the Month of May

Fintech News Desk
by Fintech News Desk0
MoneyGram Online (MGO) also reached all-time highs for cross-border transactions and revenues, as well as digital sending and receiving via Visa Direct MoneyGram International, Inc., a world leader in the evolution of digital person-to-person (P2P) payments, announced that it reached an all-time high in transactions of money transfer in May......
MoneyGram Announces $100,000,000 At-The-Market Equity Offering Program
Banking News

MoneyGram Announces $100,000,000 At-The-Market Equity Offering Program

Fintech News Desk
by Fintech News Desk0
MoneyGram International, Inc. announced that it has established an “at-the-market” equity offering program under which it may offer and sell, from time to time, shares of its common stock (the “Shares”) having an aggregate sales price of up to $100 million, and has entered into an ATM Equity OfferingSM Sales Agreement......
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