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

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DALLAS, June 7, 2021 /PRNewswire/ — MoneyGram International, Inc. (NASDAQ: MGI) (“MoneyGram” or the “Company”) announced today that it has established an “at-the-market” equity offering program (the “ATM 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 (the “Sales Agreement”) with BofA Securities, Inc. (“BofA”), as sales agent.

Upon delivery of an issuance notice and subject to the terms and conditions of the Sales Agreement, BofA will use commercially reasonable efforts, consistent with its normal trading and sales practices and applicable law and regulations, to sell the Shares from time to time based upon MoneyGram’s instructions for the sales,…

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