MoneyGram International Files to Sell $500M of Common Stock

MoneyGram International MGI today announced that the Company has filed a shelf registration statement on Form S-3 with the Securities and Exchange Commission (SEC). The registration statement would also permit MoneyGram to offer and sell up to $500 million of its common stock, preferred stock, debt securities or any combination of these, from time to time, subject to market conditions and the Company's capital needs.