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J.G. Wentworth issues $201.2M fixed-rate asset-backed notes

J.G. Wentworth Co. issued $201.2 million of fixed-rate asset-backed notes through J.G. Wentworth XLI LLC.

The notes are collateralized with payments from a pool of rights arising under court-ordered structured settlement payment and annuity payment purchase contracts originated by the J.G. Wentworth and Peachtree Financial Solutions companies.

The notes issued consist of placed notes: $181.0 million class A fixed-rate asset-backed notes that will pay 3.74% and $20.2 million class B fixed-rate asset-backed notes that will pay 4.70%.

Barclays was the sole structuring adviser and book-running manager. Rewire Securities acted as the co-lead manager for the offering.