Brief: Weightwatchers’ Reorganization Plan Confirmed
17/06/2025 20:47
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 ((Reuters.Briefs@thomsonreuters.com;))
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