GWG Can Pursue $630M Ch. 11 Financing Tied To Portfolio
By Vince Sullivan ( October 27, 2022, 8:15 PM EDT) -- Life-insurance-backed bond seller GWG Holdings Inc. received court approval Thursday of its decision to pursue a Chapter 11 financial transaction that will see it raise $630 million to pay off bankruptcy loans and provide liquidity for after it leaves insolvency court....
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