Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards

Life Health > Annuities

J.G. Wentworth Taps Wall Street

Your article was successfully shared with the contacts you provided.

J.G. Wentworth L.L.C. says it has raised $115 million by securitizing notes backed by fixed annuity and structured settlement purchase contracts.

J.G. Wentworth, Bryn Mawr, Pa., a specialty finance firm, previously raised $252 million through a similar note offering in April, and it has completed 21 offerings of that kind since 1997.

J.G. Wentworth buys annuity income streams, structured settlement income streams and other illiquid financial assets.



© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.