Company: WW
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0000950170-25-029511
Chunk: 429

Company: WW INTERNATIONAL, INC.
Filing Date: 2025-02-28
Form: 10-K
Item: Item 9C
Chunk 429
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  April 15, 2029

        500,000

        3,285

        —

        4.69
        %

        500,000

        4,058

        —

        4.70
        %

        Total
         
        $
        1,445,000

        $
        6,889

        $
        7,468

        7.74
        %
         
        $
        1,445,000

        $
        8,770

        $
        9,766

        7.64
        %

        Less: Current portion

        —

        —

        Unamortized deferred    financing costs

        6,889

        8,770

        Unamortized debt discount

        7,468

        9,766

        Total long-term debt
         
        $
        1,430,643

        $
        1,426,464

       (1)Includes amortization of deferred financing costs and debt discount. In the second quarter of fiscal 2021, in connection with its refinancing of its then-existing credit facilities, the Company incurred approximately $1,000,000 in an aggregate principal amount of borrowings under its new credit facilities (as amended from time to time, the “Credit Facilities”) and issued $500,000 in aggregate principal amount of 4.500% Senior Secured Notes due 2029 (the “Senior Secured Notes”), each as described in further detail below. Credit FacilitiesThe Credit Facilities were issued under a credit agreement, dated April 13, 2021 (as amended from time to time, the “Credit Agreement”), among the Company, as borrower, the lenders party thereto, and Bank of America, N.A. (“Bank of America”), as administrative agent and an issuing bank. The Credit Facilities consist of (1) $1,000,000 in aggregate principal amount of senior secured tranche B term loans due in 2028 (the “Term Loan Facility”) and (2) $175,000 in an aggregate principal amount of commitments under a senior secured revolving credit facility (which includes borrowing capacity available for letters of credit) due in 2026 (the “Revolving Credit Facility”).As of December 28, 2024, the Company had $945,000 in an aggregate principal amount of loans outstanding under the Credit Facilities, with $