BRIEF-Weightwatchers’ Reorganization Plan Confirmed

Reuters
Jun 18, 2025
BRIEF-Weightwatchers’ Reorganization Plan Confirmed

June 17 (Reuters) - WW International Inc WGHTQ.PK:

  • WEIGHTWATCHERS’ REORGANIZATION PLAN CONFIRMED, CLEARS PATH FOR ELIMINATION OF MAJORITY OF LEGACY DEBT BURDEN AND EXECUTION OF TRANSFORMATION PLAN

  • WW INTERNATIONAL INC - COURT-APPROVED PLAN TO REDUCE WEIGHTWATCHERS' DEBT BY ABOUT $1.15 BILLION

  • WW INTERNATIONAL INC - LENDERS AND NOTEHOLDERS TO RECEIVE $465 MILLION IN NEW TERM LOANS DUE 2030

  • WW INTERNATIONAL- EXISTING SHAREHOLDERS TO RECEIVE PRO RATA SHARE OF 9% OF NEW COMMON EQUITY OF REORGANIZED CO

Source text: ID:nGNXz4YZV

Further company coverage: WGHTQ.PK

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