MoneyGram International (MGI) Prices 9.25M Share Secondary Public Offering at $16.25/Share

MoneyGram International, Inc. (NYSE: MGI) today announced that the underwritten secondary public offering of an aggregate of 9,250,000 shares of MoneyGram’s common stock by affiliates and co-investors of Thomas H. Lee Partners, L.P. and affiliates of Goldman, Sachs & Co. has been priced at $16.25 per share. The selling stockholders have also granted the underwriters a 30-day option to purchase up to an additional 1,387,500 shares of common stock. MoneyGram will not receive any proceeds from the proposed offering. The offering is expected to close on November 23, 2011, subject to the satisfaction of applicable closing conditions.

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