$2 billion in GWG junk bonds sold by advisers are under pressure
GWG Holdings Inc., an investor in life settlements, missed $13.6 million in payments this month to investors in its L Bonds.
GWG Holdings Inc., an alternative asset manager that issued a series of high-yield bonds known as L Bonds, has severely stumbled of late, most recently stating it had missed $13.6 million in combined interest and principal payments for its L Bonds series.
GWG has a 30-day grace period to make t
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