Jefferies arranges loan to J.G. Wentworth
Clients Jefferies & Company, Inc.
Jones Day advised Jefferies & Company, Inc., as arranger, in connection with a $350 million term loan, including a $20 million revolving line of credit and commitments, for J.G. Wentworth, a financial services firm that specializes in purchasing structured settlements and annuities from individuals. The proceeds of the loan were used to fund a dividend to shareholders and refinance debt.