JG Wentworth and Peachtree holding company files for a $200 million IPO

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JGWPT Holdings, which purchases structured settlement, annuity and lottery payment streams under the JG Wentworth and Peachtree brands, filed on Monday with the SEC to raise up to $200 million in an initial public offering. The Radnor, PA-based company, which was founded in 1991 and booked $484 million in sales for the 12 months ended June 30, 2013, plans to list on the NYSE under the symbol JGW. Barclays and Credit Suisse are the joint bookrunners on the deal. No pricing terms were disclosed.

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This article appears in: News Headlines , IPOs


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