• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Stock

WW International starts talks to address balance sheet concerns – Bloomberg

by January 17, 2025
written by January 17, 2025

Investing.com — WW International (NASDAQ:WW) Inc. has initiated discussions to address the company’s balance sheet issues, according to Bloomberg, citing sources familiar with the situation. The company, known for its WeightWatchers brand and diet-related products and services, is facing increased competition from new weight-loss drugs.

These talks are still in the early stages, the sources noted. WW International had previously announced during its third-quarter earnings call that it had hired advisers to assist in evaluating options for its capital structure.

The company is collaborating with PJT Partners (NYSE:PJT) in this process, according to the same sources. Additionally, a group of the company’s creditors has engaged Houlihan Lokey Inc (NYSE:HLI). and Gibson Dunn & Crutcher as advisers in preparation for discussions with WW International.

The company’s term loan, due in 2028, is currently quoted at around 23 cents on the dollar. This is a significant drop from 71.75 cents at the end of 2023, as per data compiled by Bloomberg.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

This post appeared first on investing.com
0 comment
0
FacebookTwitterPinterestEmail

previous post
23andMe considers selling its telehealth unit Lemonaid
next post
Explainer-What Wegovy’s inclusion in Medicare price negotiation means for patients, company

You may also like

BASF results down on impairments, restructuring

January 27, 2025

European chipmakers slump as traders gauge DeepSeek AI...

January 27, 2025

Nasdaq futures tumble as China’s AI push rattles...

January 27, 2025

China Vanke’s CEO, chairman resign amid growing liquidity...

January 27, 2025

Fuji Media, rocked by sexual misconduct allegations, says...

January 27, 2025

Italy’s MPS shares fall ahead of Mediobanca board...

January 27, 2025

British Land stock drops following stake sale

January 27, 2025

UMG shares rally after new multi-year pact with...

January 27, 2025

BASF shares indicated 3% lower as impairments drag...

January 27, 2025

Ryanair cuts 2026 traffic forecast amid ongoing Boeing...

January 27, 2025
Fill Out & Get More Relevant News








    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • Divided Fed proposes rule to ease capital requirements for big Wall Street banks

      June 26, 2025
    • Women’s Tennis Association extends media rights deal with Tennis Channel through 2032

      June 26, 2025
    • Bumble shares jump 26% as dating company plans to axe 30% of workforce

      June 26, 2025
    • Small-business AI use is lagging, but one firm is channeling Sherlock Holmes and knocking out ‘grunt work’

      June 25, 2025

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (534)
    • Stock (6,426)

    Latest News

    • Divided Fed proposes rule to ease capital requirements for big Wall Street banks
    • Women’s Tennis Association extends media rights deal with Tennis Channel through 2032

    Popular News

    • Russian households’ inflation expectations unchanged at 13.4% in November
    • Hermes continues to outshine rivals with Q3 sales up 11.3%

    About The Significant deals

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy