With the completion of its long awaited, first-ever term securitizations, Peachtree Settlement Funding has hopes to become a regular ABS issuer, a company source confirmed. Following last week's $70 million private placement - Settlement Funding Securitization 2004-A - Peachtree Chief Financial Officer Jim Terlizzi said the company has plans to sell one to two additional similar deals backed by structured personal injury settlements this year.

"We have several term ABS issues in the queue for the near term," he said.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.