Company: WW
Filing Date: 2025-02-03
Form Type: 8-K
Source: 0001193125-25-019282
Chunk: 1

Company: WW INTERNATIONAL, INC.
Filing Date: 2025-02-03
Form: 8-K
Item: Item 8.01
Chunk 1
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Item 8.01.      Other Events.  

On January 31, 2025, WW International, Inc. (the “ Company” or “we”) borrowed approximately $121.3 million under the senior secured revolving credit facility (the “ Revolving Credit Facility”) pursuant to our credit agreement, dated April 13, 2021, as amended from time to time, among the Company, as borrower, the lenders party thereto, and Bank of America, N. A., as administrative agent and an issuing bank, which represents all of the remaining available amount under the Revolving Credit Facility.

As of January 31, 2025, following the funding of this borrowing, the aggregate principal amount of borrowings under the Revolving Credit Facility was $175.0 million, including approximately $3.7 million of undrawn letters of credit under the Revolving Credit Facility. The borrowings under the Revolving Credit Facility were incurred to provide financial flexibility and not to address near term liquidity requirements.

The material terms of the Revolving Credit Facility are described in “Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations - Liquidity and Capital Resources - Credit Facilities” of our Annual Report on Form10-Kfor the fiscal year ended December 30, 2023, filed with the Securities and Exchange Commission (“ SEC”) on February 28, 2024 and incorporated herein by reference.

We continue to actively evaluate our capital structure and intend to explore transactions to strengthen our balance sheet and increase our financial flexibility. We look forward to engaging with our lenders and bondholders in the coming months.