JG Wentworth Completes $300 Million Issuance of Rated Variable Funding Notes
Transactions backed by structured settlements, lottery winnings, and annuity payments push firm's cumulative 4(a)(2) ABS issuance past
- Series 2025-B: A
$100 million issuance supported by two classes of notes (AAA and BBB), placed with a single institutional asset manager. - Series 2025-C: A
$200 million issuance supported by a single class of A-rated notes, attracting a diversified group of insurance companies, pension funds, and asset managers.
With the completion of these transactions, JG Wentworth has now surpassed
""This milestone reflects the continued confidence institutional investors have in our platform and the strength of our asset-backed programs," said
JG Wentworth remains committed to delivering high-quality investment opportunities.
About JG Wentworth
For over 30 years, JG Wentworth has been a leading financial services company dedicated to providing unique financial solutions that help Americans achieve their financial goals. Powered by a team of over 800 employees, JG Wentworth specializes in consumer lending, debt resolution, structured settlement and annuity purchasing, life settlements, and marketplace services designed to connect consumers with high-quality financial products.
For more information, please visit www.jgwentworth.com.
"This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities, and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful. The notes described herein have not been registered under the Securities Act of 1933, as amended, or any state securities laws, and may not be offered or sold in
Statements contained in this press release regarding matters that are not historical facts are forward-looking statements. Forward-looking statements are often identified by terms such as "may", "should", "anticipate", "will", "estimates", "believes", "intends", "expects" and similar expressions which are intended to identify forward- looking statements. The forward-looking statements are based on our current beliefs and expectations and include but are not limited to statement regarding: the timing, size and expectation of the closing of the private placement; expectations regarding market conditions, the satisfaction of customary closing conditions related to the private placement and the anticipated use of proceeds therefrom. Actual results may differ from those set forth in this press release due to the risks and uncertainties inherent in our business, including, without limitation: the risks and uncertainties associated with market conditions and the satisfaction of customary closing conditions related to the private placement; and other risks described in our prior press releases. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and we undertake no obligation to update such statements to reflect events that occur or circumstances that exist after the date hereof, except as may be required by applicable securities laws."
Media Contact:
PR and Communications
[email protected]
610-216-6777
View original content:https://www.prnewswire.com/news-releases/jg-wentworth-completes-300-million-issuance-of-rated-variable-funding-notes-302546842.html
SOURCE JG Wentworth
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