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Stock impact report

WeightWatchers and lender advisors enter confidential talks for restructuring [FOX Business Network]

WW International, Inc. (WW) 
Last ww international, inc. earnings: 4/28 04:05 pm Check Earnings Report
The Wall Street Journal reported, citing unnamed sources, that WeightWatchers, which became WW International several years ago, and the lender advisors recently entered into a confidentiality agreement. The company's financial forecasts and strategy have been at the center of initial restructuring talks between the lender advisors and WeightWatchers , according to the outlet. The advisers are reportedly working to parse out what courses of action could be available to lenders with the information. FOX Business reached out to the company for comment on The Journal's report. WeightWatchers' total liabilities amount to $1.69 billion, including $1.4 billion in net long-term debt, according to its most recent quarterly report. In early November, then-CFO Heather Stark told analysts and investors the company had "sufficient liquidity for our working capital needs" and "attractive debt terms with no maturities for our term loan or senior notes until 2028 and 2029." "However, we Show less Read more
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