By Christopher Kuo
Shares of WW International gained after the health and wellness company said it plans to use $40 million in cash to prepay its debt.
The stock climbed 21%, to $11.21, midday Monday. The shares are still down 62% year to date.
The company said the prepayment would include $25 million to $30 million in aggregate principal amount of prepayment in cash of the annual cash sweep amount. It will also include a voluntary solicitation for prepayment by the company to use up to $10 million in cash to prepay its term loan at a discount.
Write to Christopher Kuo at chris.kuo@wsj.com
(END) Dow Jones Newswires
April 27, 2026 12:22 ET (16:22 GMT)
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