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J.G. Wentworth Taps Wall Street

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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.