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IPO Information for JG Wentworth

Congratulations to the Structured Settlement leader JG Wentworth and Peachtree who as of Monday October 7, 2013 have filed with the Securities and Exchange Commission to raise up to 200 MILLION dollars via an IPO. The headline news for IPO's has been hot lately with the news of Twitter filing for an IPO and now the leader in the strucutred settlement purchasing industry via the secondary market JG Wentworth has filed for one. They are known as JGWPT holdings and also purchase annuitiy and lottery winnings from clients. They are based out of a Philadelphia, Pennsylvania suburb called Radnor and have been in business since 1991.

From June of 2012 to June of 2013 they have 484 million dollars in sales booked and they will list on the New York Stock exchange under the ticker symbol JGW. As of right now the lead on the deal is Barclays and Credit Suisse.

More information coming soon.


For more information you can go to: http://www.nasdaq.com/article/jg-wentworth-and-peachtree-holding-company-files-for-a-200-million-ipo-cm284137