DBRS Assigns Ratings to JGW V, LLC Warehouse
OtherDBRS, Inc. (DBRS) has assigned ratings to the following classes issued by JGW V, LLC. The loans are secured by a portfolio of receivables related to settlements of legal claims.
• Class A Variable Rate Loans, JGW V LLC, rated AA (low) (sf)
• Class B Variable Rate Loans, JGW V LLC, rated ‘A’ (low) (sf)
The Class A Loans have a projected maturity date of January 15, 2023 and the Class B Loans have a projected maturity date of February 15, 2024. All of the Loans are secured by a portfolio of receivables related to settlements of legal claims.
Note:
All figures are in U.S. dollars unless otherwise noted.
The applicable methodology is Rating U.S. Structured Settlements Asset-Backed Securitizations which can be found on our website under Methodologies.
This rating is endorsed by DBRS Ratings Limited for use in the European Union.