8-K - WU - Equibles

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of The

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 28, 2020

THE WESTERN UNION COMPANY

(Exact name of registrant as specified in its charter)


Delaware		001-32903		20-4531180
(State or other jurisdiction<br><br>of incorporation)		(Commission<br><br>File Number)		(I.R.S. Employer<br><br>Identification No.)

<br><br>
7001 East Belleview Avenue<br><br>Denver , CO		80237
(Address of principal executive offices)		(Zip Code)

( 866 ) 405-5012

(Registrant’s telephone number, including area code)

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:


☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)


☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)


☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))


☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock, $0.01 Par Value	WU	The New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).


Emerging growth company	☐


If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

	<br><br>
Item 7.01.	Regulation FD Disclosure.

On May 28, 2020, The Western Union Company (the “Company”) issued a press release discussing its April and May 2020 transaction trends. A copy of the press release is attached hereto as Exhibit 99.1. The information furnished under this Item 7.01, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as may be expressly set forth by specific reference to such filing.


Item 9.01.	Financial Statements and Exhibits.


<br><br>
Exhibit Number			<br><br>Description of Exhibit

99.1			Press Release issued by The Western Union Company on May 28, 2020

104			Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.



Dated: May 28, 2020	THE WESTERN UNION COMPANY
	By:	/s/ DARREN A. DRAGOVICH
	Name:	Darren A. Dragovich
	Title:	Vice President and Assistant Secretary

		wu\_May\_28\_2020\_PR

Exhibit 99.1

FOR IMMEDIATE RELEASE

Company provides update on improving transaction trends in its Consumer-to-Consumer Segment

Western Union to present at upcoming conferences, including Bernstein’s Annual Strategic Decisions Conference and Bank of America’s Global Technology Conference

DENVER, May 28, 2020: The Western Union Company (NYSE: WU), a global leader in cross-border, cross-currency money movement and payments, today announced that the Company will present virtually at the Bank of America Global Technology conference on Tuesday, June 2, 2020. The presentation will begin at 3:15 p.m. Pacific time and will include comments from Raj Agrawal, CFO.

Investors and interested parties will be able to listen to the investor presentation via webcast from http://www.westernunion.com, under the investor relations section. The archived webcast will be available approximately one hour after the conclusion of the presentation.

Also, as previously announced, Western Union CEO, Hikmet Ersek, will present virtually today at Bernstein’s 36th Annual Strategic Decisions conference at 4:00 p.m. Eastern time. Mr. Ersek will provide an update on the Company’s growth strategy and current trends.

| § | As highlighted with first quarter 2020 results, the decline in transactions for the Company’s Consumer-to-Consumer business associated with the COVID-19 crisis improved to -21% for the month of April, from approximately -30% in late March. The April improvement was led by better trends in the retail business and 77% transaction growth in the digital money transfer business. |

| --- | --- |

| § | The Company has continued to see improved transaction trends thus far in the month of May in the Consumer-to-Consumer business, and will provide further specifics on May performance in early June. |

| --- | --- |

About Western Union

The Western Union Company (NYSE: WU) is a global leader in cross-border, cross-currency money movement and payments. Our omnichannel platform connects the digital and physical

worlds and makes it possible for consumers and businesses to send and receive money and make payments with speed, ease, and reliability. As of March 31, 2020, our network included over 550,000 retail agent locations offering our branded services in more than 200 countries and territories, with the capability to send money to billions of accounts. Additionally, westernunion.com, our fastest growing channel in 2019, is available in over 75 countries, plus additional territories, to move money around the world. With our global reach, Western Union moves money for better, connecting family, friends and businesses to enable financial inclusion and support economic growth. For more information, visit www.westernunion.com.

WU-G

Contacts:

Media Relations:

Pia De Lima

+1 (954) 260-5732

Pia.DeLima@westernunion.com

Investor Relations:

Brendan Metrano

+1(720) 332-8089

Brendan.Metrano@westernunion.com