HPS Provides New $70MM Revolver to J.G. Wentworth

J.G. Wentworth successfully completed its reorganization in coordination with its lenders. The company emerged from Chapter 11 with a new revolving credit facility of $70 million supplied by HPS Investment Partners and the elimination of $440.5 million of outstanding debt.

HPS Provides $65MM Revolver to Support Wentworth Restructuring

J.G. Wentworth reached an agreement with its lenders, led by Jefferies, to support its prepackaged restructuring plan. HPS Investment Partners provided a $65 million revolver to cover the company’s restructuring expenses.