Company: IMXI
Filing Date: 2025-08-11
Form Type: DEFA14A
Source: 0001140361-25-030259
Chunk: 23

Company: International Money Express, Inc.
Filing Date: 2025-08-11
Form: DEFA14A
Chunk 23
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 00:35:53.870 Darrin Peller, Wolfe Research: Just in terms of the… it sounds like you have no reason to believe the dividend should change or anything on buybacks, is that right? 00:35:54.280 --> 00:36:05.519 Matt Cagwin, Chief Financial Officer, Western Union: Yeah, Darrin, thanks for the question. No, so our goal still is to maintain investment credit rating. This will put us slightly above the 3 times. The deal likely doesn’t close for another 9 to 12 months. 00:36:05.520 --> 00:36:21.129 Matt Cagwin, Chief Financial Officer, Western Union: We’re working with the rating agencies on time to get back below that threshold, but I’m working on a 24-year… 24-month horizon to get there, so that’s why we felt comfortable in the prepared remarks, talking about not a material change, because Bob’s business generates EBITDA every year of 00:36:21.360 --> 00:36:32.289 Matt Cagwin, Chief Financial Officer, Western Union and Darrin Peller, Wolfe Reaearch: 20% of the purchase price, so over a 2-year horizon, you’re gonna get cash ﬂows and EBITDA of a level that gets you pretty close to paying it back down below 3 times. Okay. Great. Thanks, guys. 00:36:34.080 --> 00:36:40.210 Western Union Operator (DEN): Our next question comes to us from Gus Gala, from Monness, Crespi, Hardt, and Co. Please ask your questions. 00:36:45.940 --> 00:36:48.570 Gus Gala, from Monness, Crespi, Hardt, and Co.: Hi. Hi guys, thanks for taking our question. 00:36:48.960 --> 00:36:56.520 Gus Gala, from Monness, Crespi, Hardt, and Co.: So, I just want to understand what lessons from the prior Vigo acquisition, back when it was the First Data days. 00:36:56.690 --> 00:37:00.429 Gus Gala, from Monness, Crespi, Hardt, and Co.: What you put in Intermex, I think that was,