JG Wentworth is marketing $213 million of bonds backed by structured settlement payments, according to a presale report from DBRS.
J.G. Wentworth XXXIV LLC Series 2015-1 is the firm’s 41st term securitization. The bulk of the collateral, or 94.15%, consists of court-ordered structured settlements related to personal injury; another 3.11% is related to annuities and 2.74% to lotteries. It is a mix of new collateral (86.99%) and receivables acquired from a Peachtree Series 2004-A transaction that was recently prepaid (13.01%).