WW International Rises on Plans to Use $40 Million to Pay Down Debt
Dow Jones
Apr 28
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)
Copyright (c) 2026 Dow Jones & Company, Inc.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.