Back to News
Apr 27, 2026 8:02 AM

Weight Watchers Announces Actions to Utilize Up to $40 million to Pay Down Debt

NEW YORK, April 27, 2026 (GLOBE NEWSWIRE) -- WW International, Inc. (NASDAQ:WW) ("Weight Watchers" or the "Company"), the global leader in science-backed weight management, today announced that it intends to utilize up to $40 million in cash to prepay and reduce the principal amount of its outstanding term loan.

The prepayment will be comprised of the following two components:

$25 million to $30 million in aggregate principal amount of prepayment in cash of the annual cash sweep amount, which is due to be paid on June 24, 2026; and

a voluntary solicitation for prepayment by the Company to utilize up to $10 million in cash to prepay its term loan at a discount, which solicitation is expected to commence on Monday, April 27, 2026 and close on April 30, 2026.

In connection with today's announcement, Weight Watchers reaffirmed its first quarter 2026 end of period subscriber estimates and full year 2026 financial guidance as previously provided on March 16, 2026, in conjunction with the Company's fourth quarter and full year 2025 results. Following these announcements and based on its full year 2026 financial guidance, the Company expects to generate cash through the remainder of the year following first quarter cash usage due to peak season marketing.

"Today's announcements reflect the progress we have made over the last year to strengthen our liquidity position and deleverage our balance sheet," said Felicia DellaFortuna, Weight Watchers CFO and member of the Company's Interim ...