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Golden Pear Funding Closes $55.0 Million Corporate Note Financing

Jan 12, 2022over 3 years ago

Amount Raised

$55 Million

Jersey City

Description

Golden Pear Funding (Golden Pear), a national leader in pre-settlement legal funding, announced the closing of a $55.0 million investment-grade rated, Senior Secured Corporate Note financing. The transaction was assigned a BBB rating by a nationally recognized statistical ratings organization. Proceeds will be used by the company to restructure existing debt and support additional growth of the business.

Company Information

Company

Golden Pear

Location

Jersey City, New Jersey, United States

About

The company empowers its clients to navigate the legal system and provides them with financial solutions that work. Founded in 2008, Golden Pear is one of the largest specialty finance companies in the United States funding legal matters and purchasing medical receivables from physicians and medical centers.

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