DBRS Assigns Ratings to J.G. Wentworth XXIII LLC
OtherThe notes are secured by a portfolio of receivables related to settlements of legal claims
DBRS has assigned ratings to the following classes issued by J.G. Wentworth XXIII LLC
•$226,044,000 Class A Fixed Rate Asset Backed Notes, Series 2011-1 Due 2056 ‘AAA’ (sf)
•$21,212,000 Class A Fixed Rate Asset Backed Notes, Series 2011-1 Due 2058 ‘A (low)’ (sf)
All classes of notes have a projected maturity date of May 15, 2038 and are secured by a portfolio of receivables related to settlements of legal claims.
Note:
All figures are in U.S. dollars unless otherwise noted.
Ratings
ALL MORNINGSTAR DBRS RATINGS ARE SUBJECT TO DISCLAIMERS AND CERTAIN LIMITATIONS. PLEASE READ THESE DISCLAIMERS AND LIMITATIONS AND ADDITIONAL INFORMATION REGARDING MORNINGSTAR DBRS RATINGS, INCLUDING DEFINITIONS, POLICIES, RATING SCALES AND METHODOLOGIES.