Edgar Filing: GS MEZZANINE PARTNERS V OFFSHORE FUND, L.L.C.

Ownership Submission

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

Â GSMP V ONSHORE US, LTD.

2. Date of Event Requiring Statement (Month/Day/Year)
03/25/2008

3. Issuer Name and Ticker or Trading Symbol
MONEYGRAM INTERNATIONAL INC [MGI]

(Last)

(First)

(Middle)

85 BROAD STREET

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

_____ Director	__X__ 10% Owner
_____ Officer (give title below)	__X__ Other (specify below)
See (1), (2) and (3)

5. If Amendment, Date Original Filed(Month/Day/Year)

(Street)

NEW YORK,Â NYÂ 10004

6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Beneficially Owned

1.Title of Security
(Instr. 4)

2. Amount of Securities Beneficially Owned
(Instr. 4)

3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)

4. Nature of Indirect Beneficial Ownership
(Instr. 5)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Series B-1 Part. Conv. Pref. Stk., par value $0.01	Â ⁽³⁾	Â ⁽³⁾	Series D Part. Conv. Pref. Stk., par value $0.01, see ⁽²⁾	109,000	$ ⁽³⁾	I	See ⁽¹⁾ ⁽⁴⁾

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
GSMP V ONSHORE US, LTD. 85 BROAD STREET NEW YORK,Â NYÂ 10004	Â	Â X	Â	See (1), (2) and (3)
GS MEZZANINE PARTNERS V ONSHORE FUND, L.P. 85 BROAD STREET NEW YORK,Â NYÂ 10004	Â	Â X	Â	See (1), (2) and (3)
GS MEZZANINE PARTNERS V ONSHORE FUND, L.L.C. 85 BROAD STREET NEW YORK,Â NYÂ 10004	Â	Â X	Â	See (1), (2) and (3)
GSMP V INSTITUTIONAL US, LTD. 85 BROAD STREET NEW YORK,Â NYÂ 10004	Â	Â X	Â	See (1), (2) and (3)
GS MEZZANINE PARTNERS V INSTITUTIONAL FUND, L.P. 85 BROAD STREET NEW YORK,Â NYÂ 10004	Â	Â X	Â	See (1), (2) and (3)
GS MEZZANINE PARTNERS V INSTITUTIONAL FUND, L.L.C. 85 BROAD STREET NEW YORK,Â NYÂ 10004	Â	Â X	Â	See (1), (2) and (3)
GSMP V OFFSHORE US, LTD. 85 BROAD STREET NEW YORK,Â NYÂ 10004	Â	Â X	Â	See (1), (2) and (3)
GS MEZZANINE PARTNERS V OFFSHORE FUND, L.P. 85 BRAOD STREET NEW YORK,Â NYÂ 10004	Â	Â X	Â	See (1), (2) and (3)
GS MEZZANINE PARTNERS V OFFSHORE FUND, L.L.C. 85 BROAD STREET NEW YORK,Â NYÂ 10004	Â	Â X	Â	See (1), (2) and (3)

Signatures

See Exhibit 99.2		04/08/2008
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	See Exhibit 99.1 for text of Footnote 1.
(2)	See Exhibit 99.1 for text of Footnote 2.
(3)	See Exhibit 99.1 for text of Footnote 3.
(4)	See Exhibit 99.1 for text of Footnote 4.

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