by John Darer® CLU ChFC MSSC RSP CLTC
“This deal proved extremely successful from both a placement and a yield perspective for both the issuer and the investors. The final pricing was in line with assets of similar characteristics, while still allowing investors a healthy spread pick-up. In addition, there were several new investors in the transaction, which together with our traditional investors, underline the growing popularity and understanding of this asset class as a conservative and traditional investment opportunity.” JGPWPT Chief Investment Officer Stefano Sola, in a press release announcing a new $215MM securitization November 19, 2012 backed by structured settlement and fixed annuity payments.
The irony of all this is that to get the business, some cash now pushers (including Peachtree) attempt to induce structured settlement annuitants to sell the rights to their structured settlement payments by mocking their value.
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