Attached files

file filename
EX-99.2 - EXHIBIT 99.2 - J.G. Wentworth Coexhibit992.htm
8-K - 8-K - J.G. Wentworth Coa8-knda.htm
R-38 G-77 B-130 R-106 G-151 B-212 R-235 G-133 B-33 R-0 G-134 B-0 R-250 G-202 B-0 R-193 G-2 B-2 R-100 G-100 B-100 R-0 G-105 B-170 R-236 G-163 B-33 R-138 G-173 B-70 R-255 G-219 B-67 R-221 G-70 B-55 R-191 G-191 B-191 R-240 G-181 B-74 R-189 G-209 B-143 R-209 G-226 B-255 R-106 G-151 B-212 R-183 G-205 B-235 R-217 G-217 B-217 R-158 G-198 B-197 R-200 G-222 B-222 R-191 G-191 B-191 R-38 G-77 B-130 R-193 G-2 B-2 Accent colors/ contrasting colors: R-0 G-134 B-0 R-235 G-133 B-33 R-250 G-202 B-0 R-170 G-54 B-206 Excel chart colors: For basic graphics, diagrams: Light gray for default Word table fill, callout boxes and annotated boxes: R-234 G-234 B-234 Word tables: 3pt border, R-38,G-77,B-130 Highlight colors: R-106 G-151 B-212 R-235 G-133 B-33 R-0 G-134 B-0 R-250 G-202 B-0 R-219 G-230 B-245 R-245 G-192 B-139 R-201 G-255 B-201 R-255 G-235 B-151 Group 1: For text, wireframe, borders, colored bullets: Group 2: For fills and larger areas of colors, e.g., Word table fill: Secondary colored font: R-0 G-105 B-170 Primary colored font: R-38 G-77 B-130 Company Proposal #1 (2/24/2017) Treatment / Consideration Term Loan Due February 2019  Existing Term Loan canceled in exchange for total consideration of:  Up to $[35]mm of cash  Up to $[90]mm of debt  First lien on existing term loan collateral, L+600 cash interest rate with 1% LIBOR floor  Up to [__]% of pro forma common equity, subject to dilution from MIP  Non-participating loan subordinated into Second lien debt  Exit consents to amend covenants on existing Term Loan Existing Equity  Retains up to [__]% of pro forma common equity, subject to dilution from MIP Management Incentive Plan (“MIP”)  New MIP for [__]% of pro forma common equity comprised of restricted stock and warrants (subject to vesting period TBD) Conditions Precedent  [95]% minimum participation condition to effectuate exchange 1  Exchange $450mm of existing Term Loan for $[35]mm of cash, $[90]mm of debt, and equity  Debt reduced from $450mm to $[90]mm at closing Exhibit 99.1