Structured Asset Holdings, LLC Announces its First $43.8 Million Fixed Rate Asset Backed Securitization

Contact: Andrew Savysky, President
Company: Structured Asset Holdings, LLC
Address: 3625 W Broward Blvd, Ft. Lauderdale, FL 33312
Phone: 1-800-284-5918
Email: asavysky@123lumpsum.com
URL: www.123lumpsum.com

Ft. Lauderdale, Florida – Structured Asset Holdings, LLC (the Company) announces its issuance of $43,793,000 fixed rate asset-backed notes through Structured Asset Funding’s affiliate, Structured Asset Funding Securitization I, LLC.  The notes collateralize the Company’s receivables related to court ordered structured settlements payment purchase contracts, resulting from tort, injury, wrongful death or other claims that were originated by Structured Asset Funding, iSettlements, 123 Lump Sum and other affiliate companies and are serviced by Structured Asset Services, LLC.

“This is our very first issuance in the 144A market and we couldn’t be more excited about it,” states Eyal Ardity, Chief Financial Officer of Structured Asset Holdings, LLC. “This transaction represents our trusted and increasing presence with institutional investors as well as our commitment to providing viable financial solutions to our clients.”

The issue consists of one class of placed notes: $43,793,000 Class A Series 2015-A Fixed Rate Asset Backed Notes that will pay 3.90%.  The notes have an A (DBRS) rating.

“This rating reflects the stability of the asset class and its financial soundness,” says Andrew Savysky, President of the Company.  “We have  also strengthened our Company’s balance sheet. Our customers will benefit from the improved financing and product opportunities that we will offer.”

Deutsche Bank Securities, Inc. was the lead arranger and sole book-runner with Capital One Securities, Inc. acting as co-manager.  Wells Fargo Bank, N.A. is the Trustee under the Indenture, the Custodian under the Custodial agreement, and the Backup Servicer for the receivables.

Chief Executive Officer of the Company, Michael Asseff, says “This issuance validates the investment grade quality of the structured settlement assets we have originated since our inception over the last 15 years”.

Since 2002, Structured Asset Holdings and its affiliated companies including 123 Lump Sum have been helping clients to sell their structured settlements, lottery payments, and insurance annuities for a lump sum of cash.  The Company’s commitment to customers has helped thousands of people trying to meet their monthly financial obligations as well as those who simply want to live free from the stresses of financial burdens.

About Structured Asset Holdings, LLC, and its affiliated companies

Structured Asset Holdings, LLC mainly conducts business under the brands of 123 Lump Sum, ** Cash, Structured Asset Funding, and Structured Asset Services, LLC.   They operate as specialty finance companies that purchase structured settlements and insurance annuities.  They are one of the leading purchasers of structured settlements and they strive to make it easier for people who want to make significant changes in their lives by having access to their cash now.  Through legal expertise, underwriting, and institutional financing, they are able to assist their customers with making their financial dreams come true. For more information, please visit www.123lumpsum.com.

Special Olympics Miami-Dade County Hosts its Annual “Sponsor an Athlete Awards Dinner”, 123 LumpSum Title Sponsor

HALLANDALE, FL SEPTEMBER 25, 2013- Located in South Florida, specialty finance company 123 LumpSum, was the title sponsor for Special Olympics Miami-Dade County’s largest annual event held at the prestigious La Gorce Country Club in Miami Beach.

The “Sponsor an Athlete Awards Dinner” brings together Special Olympics volunteers, families and supporters for an evening to honor the coaches and athletes for their hard work year-round. For each ticket purchased, a Special Olympics athlete’s training and competition will be sponsored for a full year. The night was hosted by Miami Herald columnist and Pulitzer Prize winner Dave Barry while Grammy nominated Miami-based band The Spam All Stars provided music and entertainment.

Savysky_Dj_Irie__Asseff1

Held at one of the most prestigious venues in South Florida, the event attracted a crowd that included Miami’s finest.  Guests such as DJ Irie, Baseball Player Chris Duffy and former American soccer player, Joe Max Moore were all in attendance.  The evening included a cocktail hour, seated meal and a silent auction featuring items donated by businesses all throughout Miami.

Linsey Harris Smith, Director of Special Olympics Florida – Miami-Dade County said: “The Awards Dinner is our opportunity to applaud the achievements and impact that these Athletes, Coaches, Volunteers and Community Partners have had, in inspiring the lives of so many in Miami-Dade County.  We extend our heartfelt thanks to everyone that helps to sustain the Special Olympics mission”.

Some of the evening’s sponsors included Publix, Presenting Sponsor Wells Fargo Advisors, LLC and Media Partner Miami Herald.

Andrew Savysky, President of 123 LumpSum said:  “I am honored to be a coach and mentor for an amazing Special Olympics’ runner who is currently training for competition in the National Games.  Running each week with Nasif has helped me see that people with intellectual disabilities can and do have incredible athletic “abilities” to perfect.  Unified sports through Special Olympics is the perfect medium for athletes of all abilities to partner in sports training together, push past obstacles, and achieve mutual personal goals!  So proud to be a part of it”.  See this video from the Awards Dinner event:

 

The mission of Special Olympics is to provide year-round sports training and athletic competition in a variety of Olympic-type sports for children and adults with intellectual disabilities, giving them continuing opportunities to develop physical fitness, demonstrate courage, experience joy and participate in a sharing of gifts, skills and friendship with their families, other Special Olympics athletes and the community. Visit www.specialolympicsflorida.org or  www.somdc.org  to learn more.

About 123 LumpSum- Located in Hallandale Beach FL, 123 Lumpsum is a specialty finance company that applies institutional financing, underwriting and legal expertise to purchase future cash flows (structured settlements and insurance annuities).  For more information about 123 LumpSum, please visit www.123lumpsum.com