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

Autor: PR Newswire
Zdroj: PR Newswire US. 11/08/2021.
Abstrakt: DALLAS, Nov. 8, 2021 /PRNewswire/ -- MoneyGram International, Inc. (NASDAQ: MGI) (the "Company"), the global leader in the evolution of digital P2P payments, today 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 of the Company has authorized a stock repurchase program for the repurchase of up to $50 million of the Company's outstanding common stock. [ABSTRACT FROM PUBLISHER]
Databáze: Regional Business News
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