MoneyGram 2013 Annual Report Download - page 49

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Table of Contents
Cash Flows from Financing Activities
In 2013 , financing activities used $1.7 million of cash primarily associated with the 2013 Credit Agreement. In 2012
, financing activities used
$1.5 million of cash associated with payments on debt. In 2011 , financing activities used $117.8 million
of cash primarily associated with the
debt prepayments and transaction costs related to our 2011 Recapitalization and debt refinancing.
47
(Amounts in millions) 2013
2012
2011
Proceeds from issuance of debt
$
850.0
$
—
$
536.0
Transaction costs for issuance and amendment of debt
(11.8
)
—
(
17.1
)
Payments on debt
(819.5
)
(1.5
)
(366.6
)
Prepayment penalty on debt
(21.5
)
—
(
23.2
)
Additional consideration issued in connections with conversion of mezzanine equity —
—
(
218.3
)
Transaction costs for conversion and issuance of stock —
—
(
5.4
)
Cash dividends paid on mezzanine equity —
—
(
20.5
)
Transaction costs for secondary offering —
—
(
3.4
)
Proceeds from exercise of stock options
1.1
—
0.7
Net cash used in financing activities
$
(1.7
)
$
(1.5
)
$
(117.8
)