--- schema_version: "secwatch.filing_event.v1" accession: "0001193125-23-158474" form_type: "8-K" ticker: null cik: "0001273931" company_name: "MONEYGRAM INTERNATIONAL INC" filed_at: "2023-06-01T23:59:59+00:00" generated_at: "2026-06-14T09:03:13.665849+00:00" event_type: "m_and_a" sentiment: "neutral" materiality_score: 1.0 calibrated_materiality_score: 1.0 confidence: "high" source: SEC EDGAR --- # Madison Dearborn Partners completes $1.1B acquisition of MoneyGram at $11.00/share; stock delisted from Nasdaq ## Summary - Stockholders received $11.00 per share; aggregate Merger Consideration ~$1.1 billion. - Common stock suspended from trading on Nasdaq effective June 1, 2023; company will file Form 15 to terminate SEC registration. - All outstanding 5.375% Senior Secured Notes due 2026 redeemed and Indenture satisfied and discharged. - Existing credit agreement repaid and all commitments terminated; security interests released. - Seven directors resigned; officers of the Company continued in their roles. ## SEC filing metadata - accession: 0001193125-23-158474 - form_type: 8-K - cik: 0001273931 - company_name: MONEYGRAM INTERNATIONAL INC - filed_at: 2023-06-01T23:59:59+00:00 - event_type: m_and_a - sentiment: neutral - materiality_score: 1.0 - calibrated_materiality_score: 1.0 - confidence: high - sec_items: 1.02, 8.01, 2.01, 3.01, 3.03, 5.01, 5.02, 5.03, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1273931/000119312523158474/0001193125-23-158474-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1273931/000119312523158474/d493619d8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001193125-23-158474 - JSON: https://secwatch.observer/filing/0001193125-23-158474.json - Plain text: https://secwatch.observer/filing/0001193125-23-158474.txt ## Key facts - Executive change Alka Gupta resigned as director at MONEYGRAM INTERNATIONAL INC. - Action: resigned - Role: director source text: On June 1, 2023, following the completion of the Merger, the following directors of the Company resigned from their respective positions as directors: Amb. Antonio O. Garza, Alka Gupta, Francisco Lorca, Michael P. Rafferty, Julie E. Silcock, W. Bruce Turner and Peggy Vaughan. evidence_url: https://www.sec.gov/Archives/edgar/data/1273931/000119312523158474/0001193125-23-158474-index.htm - Executive change Francisco Lorca resigned as director at MONEYGRAM INTERNATIONAL INC. - Action: resigned - Role: director source text: On June 1, 2023, following the completion of the Merger, the following directors of the Company resigned from their respective positions as directors: Amb. Antonio O. Garza, Alka Gupta, Francisco Lorca, Michael P. Rafferty, Julie E. Silcock, W. Bruce Turner and Peggy Vaughan. evidence_url: https://www.sec.gov/Archives/edgar/data/1273931/000119312523158474/0001193125-23-158474-index.htm - Executive change Peggy Vaughan resigned as director at MONEYGRAM INTERNATIONAL INC. - Action: resigned - Role: director source text: On June 1, 2023, following the completion of the Merger, the following directors of the Company resigned from their respective positions as directors: Amb. Antonio O. Garza, Alka Gupta, Francisco Lorca, Michael P. Rafferty, Julie E. Silcock, W. Bruce Turner and Peggy Vaughan. evidence_url: https://www.sec.gov/Archives/edgar/data/1273931/000119312523158474/0001193125-23-158474-index.htm - Executive change Amb. Antonio O. Garza resigned as director at MONEYGRAM INTERNATIONAL INC. - Action: resigned - Role: director source text: On June 1, 2023, following the completion of the Merger, the following directors of the Company resigned from their respective positions as directors: Amb. Antonio O. Garza, Alka Gupta, Francisco Lorca, Michael P. Rafferty, Julie E. Silcock, W. Bruce Turner and Peggy Vaughan. evidence_url: https://www.sec.gov/Archives/edgar/data/1273931/000119312523158474/0001193125-23-158474-index.htm - Executive change W. Bruce Turner resigned as director at MONEYGRAM INTERNATIONAL INC. - Action: resigned - Role: director source text: On June 1, 2023, following the completion of the Merger, the following directors of the Company resigned from their respective positions as directors: Amb. Antonio O. Garza, Alka Gupta, Francisco Lorca, Michael P. Rafferty, Julie E. Silcock, W. Bruce Turner and Peggy Vaughan. evidence_url: https://www.sec.gov/Archives/edgar/data/1273931/000119312523158474/0001193125-23-158474-index.htm - Executive change Julie E. Silcock resigned as director at MONEYGRAM INTERNATIONAL INC. - Action: resigned - Role: director source text: On June 1, 2023, following the completion of the Merger, the following directors of the Company resigned from their respective positions as directors: Amb. Antonio O. Garza, Alka Gupta, Francisco Lorca, Michael P. Rafferty, Julie E. Silcock, W. Bruce Turner and Peggy Vaughan. evidence_url: https://www.sec.gov/Archives/edgar/data/1273931/000119312523158474/0001193125-23-158474-index.htm - Executive change Michael P. Rafferty resigned as director at MONEYGRAM INTERNATIONAL INC. - Action: resigned - Role: director source text: On June 1, 2023, following the completion of the Merger, the following directors of the Company resigned from their respective positions as directors: Amb. Antonio O. Garza, Alka Gupta, Francisco Lorca, Michael P. Rafferty, Julie E. Silcock, W. Bruce Turner and Peggy Vaughan. evidence_url: https://www.sec.gov/Archives/edgar/data/1273931/000119312523158474/0001193125-23-158474-index.htm - M&A Transactions MONEYGRAM INTERNATIONAL INC underwent a change of control involving Madison Dearborn Partners, LLC for approximately $1.1 billion (closed 2023-06-01). - Action: change of control - Counterparty: Madison Dearborn Partners, LLC - Consideration: approximately $1.1 billion - Closing: 2023-06-01 source text: of the Merger, a change in control of the Company occurred, and the Company became a wholly owned subsidiary of Parent. The aggregate Merger Consideration was approximately $1.1 billion, and the Merger Consideration was funded through equity contributions received by Parent and with proceeds from debt financing. --- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 evidence_url: https://www.sec.gov/Archives/edgar/data/1273931/000119312523158474/0001193125-23-158474-index.htm - Material Agreements MONEYGRAM INTERNATIONAL INC terminated Existing Credit Agreement with Bank of America, N.A. valued at repaid all outstanding loans and terminated all revolving credit commitments (effective 2023-06-01). - Action: termination - Agreement: credit facility - Counterparty: Bank of America, N.A. - Value: repaid all outstanding loans and terminated all revolving credit commitments - Effective: 2023-06-01 source text: Concurrently with the closing of the Merger, the Company repaid all outstanding loans and terminated all revolving credit commitments under the Credit Agreement, dated as of July 21, 2021 (as amended, restated, supplemented or otherwise modified from time to time, the “ Existing Credit Agreement ”), by and among the Company, as borrower, Bank of America, N.A., as administrative agent and collateral agent, and the lenders party thereto. Upon such repayment and termination, all security interests securing the Company’s obligations under the Existing Credit Agreement were released and discharged. evidence_url: https://www.sec.gov/Archives/edgar/data/1273931/000119312523158474/0001193125-23-158474-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.