Western Union Completes $750M Debt Offering; Will Use Proceeds for Buybacks and Repaying Debt - Western Union (NYSE:WU)

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.

The Western Union Company (NYSE: WU) announced today that it has successfullycompleted a $750 million issuance of senior unsecured notes. The issuanceincludes $250 million of notes due 2015, with an interest coupon of 2.375%,and $500 million of notes due 2017, with an interest coupon of 2.875%.“We are pleased with the positive response to our debt offering,” saidExecutive Vice President and Chief Financial Officer Scott Scheirman. “Ourbusiness generates strong cash flow, and we were able to increase our offeringto $750 million due to the high level of demand.”

Crypto Whales Are Loading Up — Are You?

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!