JG Wentworth is in the market with a $198 million structured settlement securitization.

The deal will offer two tranches of fixed rate notes rated 'Aaa' and 'Baa2' by Moody's Investors Service. Jefferies & Co. and Barclays Capital have been named lead arrangers on the deal.

The issuer's assets will include court-ordered structured settlements (approximately 95.4% of the present value of the receivables), annuity receivables (roughly 4.6% of the present value of the receivables) and around $59.4 million in cash deposited into the pre-funding account, which will be used to purchase additional receivables.

CNH Capital is also in the market with a $811 million equipment lease securitization.

The capital structure will offer senior and subordinate pieces with the Class A4, triple-A rated bond to be preplaced, according to a Bloomberg report. Citigroup Global Markets, Credit Agricole and Credit Suisse are joint bookrunners on the deal.


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