MoneyGram International Inc., founded in 1940 and headquartered in Dallas, Texas, is a prominent global money transfer and payment services company, focused on making it easy for individuals to send and receive money across borders. The company offers a variety of services including money transfers, bill payments, and mobile top-ups, serving millions of customers through its robust network of retail locations and digital platforms.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| MGI 9.00% 2030-06-01 USDMoneygram International Inc. | United States | 2030-06-01 | 9.000 | 26.36 |
| MGI 9.00% 2030-06-01 USDMoneygram International Inc. | United States | 2030-06-01 | 9.000 | 30.63 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
MoneyGram has been active in the bond market, issuing debt securities since the early 2000s to support its growth and operational needs. Notably, in 2019, the company issued $350 million in senior secured notes to refinance existing debt, showcasing its commitment to optimizing its capital structure amidst changing market conditions. As of October 2023, MoneyGram's bond yields are competitive within the financial services industry, reflecting its credit stability, while recent reports indicate an increasing interest from investors in its strategic positioning and potential for future growth.