WW International Inc. (NASDAQ:WW) said it intends to allocate as much as $40 million in cash toward reducing the principal balance of its outstanding term loan, according to a company statement.
The planned repayment includes two parts: between $25 million and $30 million to cover the annual cash sweep payment due on June 24, 2026, along with a voluntary offer to deploy up to $10 million in cash to prepay a portion of the term loan at a discount. The company expects the solicitation process to begin on April 27, 2026, and conclude on April 30, 2026.
Guidance Reaffirmed and Cash Flow Outlook Maintained
WW International reaffirmed both its first-quarter 2026 subscriber projections and its full-year 2026 financial outlook, which were initially issued on March 16, 2026. Based on that guidance, the company anticipates generating positive cash flow for the remainder of the year after first-quarter cash usage tied to seasonal marketing efforts.
“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 Office of the Chief Executive.
DellaFortuna added that the company remains focused on maintaining a strengthened capital structure supported by cash generation to fund continued investments and drive growth.
More about WW International Inc.
WW International Inc., commonly known as Weight Watchers, provides weight management and wellness solutions through a combination of digital tools, coaching, and community-based support, with a focus on long-term healthy lifestyle changes.