J.G. Wentworth Completes $117 Million Securitization of Structured Settlement and Annuity-Backed Notes
BRYN MAWR, PA--(Marketwire - May 19, 2008) - Specialty finance company J.G. Wentworth
today announced the completion of a $117 million securitization of structured settlement and annuity
The transaction is the company's 18th securitization since 1997.
About the J.G. Wentworth family of companies
J.G. Wentworth, Inc., based in Bryn Mawr, PA, is the nation's oldest,
largest and most respected buyer of deferred payments for illiquid
financial assets like structured settlements, annuities and, through
dedicated subsidiaries, life insurance policies. Since 1992,
J.G. Wentworth has purchased over $3 billion of future payment obligations
from consumers and is also the nation's largest securitizer of structured
settlement and annuity backed notes. The company's notes are rated AAA by
Standard & Poor's and Aaa by Moody's.
For more information about J.G. Wentworth, go to www.jgwentworth.com.
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