The JG Wentworth Company Announces Consensual Restructuring Agreement with Lenders to Significantly Reduce its … – Business Wire (press release)

CHESTERBROOK, Pa.–(BUSINESS WIRE)–The J.G. Wentworth Company (together with its consolidated subsidiaries, the Company) (OTCQX: JGWE) today announced an agreement, with lenders (the Lenders) holding over 87% of the aggregate principal amount outstanding under the Companys $449.5 million senior secured credit facility (the Credit Facility), to significantly deleverage the Company. The agreement, under which current Lenders…