trending Market Intelligence /marketintelligence/en/news-insights/trending/9ypRCfy0tnNqAYYPqQ2-xA2 content esgSubNav
In This List

J.G. Wentworth announces fixed-rate asset-backed securitization

Blog

Post-webinar Q&A: Speed and Scalability – Automation in Credit Risk Modeling

Case Study

A Chinese Bank Takes Steps to Minimize Risks as it Supports International Trade

Blog

Middle East Africa MA by the Numbers: Q3 2021

Blog

Banking Essentials Newsletter: November Edition 2021 - Part 2


J.G. Wentworth announces fixed-rate asset-backed securitization

J.G. Wentworth Co. has issued $144.2 million of fixed-rate asset-backed notes through J.G. Wentworth XXXIX LLC.

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

The issue consists of two classes of placed notes: $128.5 million of class A fixed-rate asset-backed notes that will pay 3.53% and $15.7 million of class B fixed-rate asset-backed notes that will pay 5.09%.

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