secwatch / observer
8-K filed May 7, 2025, 7:59 PM ET ticker WW CIK 0000105319
other material confidence high sentiment negative materiality 1.00

WW INTERNATIONAL, INC. (WW): going-concern / distress — WW International files prepackaged Chapter 11; equity holders to receive only 9% of reorganized company

WW INTERNATIONAL, INC.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

WW INTERNATIONAL, INC. reported a default on senior notes of approximately $500.0 million with The Bank of New York Mellon at 4.500% maturing 2029.

Instrument
senior notes
Principal
approximately $500.0 million
Counterparty
The Bank of New York Mellon
Rate
4.500%
Maturity
2029
Event
default
Exact text from the filing
(plus any accrued but unpaid interest in respect thereof) under the Credit Agreement, relating to the Company’s revolving credit facility due April 13, 2026; and • approximately $500.0 million of aggregate principal amount (plus any accrued but unpaid interest in respect thereof) under the indenture, dated as of April 13, 2021 (as amended, supplemented or modified from
View on SEC.gov
Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

WW INTERNATIONAL, INC. reported a default on revolving credit of approximately $171.0 million with Bank of America, N.A. maturing April 13, 2026.

Instrument
revolving credit
Principal
approximately $171.0 million
Counterparty
Bank of America, N.A.
Maturity
April 13, 2026
Event
default
Exact text from the filing
lenders party thereto, and Bank of America, N.A., as administrative agent and an issuing bank, relating to the Company’s term loan facility due April 13, 2028; • approximately $171.3 million of borrowings (plus any accrued but unpaid interest in respect thereof) under the Credit Agreement, relating to the Company’s revolving credit facility due April 13, 2026; and •
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Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

WW INTERNATIONAL, INC. reported a default on term loan of approximately $945.0 million with Bank of America, N.A. maturing April 13, 2028.

Instrument
term loan
Principal
approximately $945.0 million
Counterparty
Bank of America, N.A.
Maturity
April 13, 2028
Event
default
Exact text from the filing
The filing of the Chapter 11 Cases described in Item 1.03 above constitutes an event of default under the Company’s following debt instruments: • approximately $945.0 million of borrowings
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Distress & Bankruptcy SEC 8-K Item 1.03 confidence 0.9

WW INTERNATIONAL, INC. entered chapter 11 in United States Bankruptcy Court for the District of Delaware (petition 2025-05-06).

Proceeding
chapter 11
Court
United States Bankruptcy Court for the District of Delaware
Petition
2025-05-06
Exact text from the filing
On May 6, 2025 (the “Petition Date”), WW International, Inc. (the “Company”) and its subsidiaries WW North America Holdings, LLC, WW Canada Holdco, Inc., WW.com, LLC, W Holdco, Inc., WW Health Solutions, Inc., Weekend Health, Inc. and WW NewCo, Inc. (collectively, the “Company Subsidiary Parties” and together with the Company, the “Company Parties”) filed voluntary petitions (the “Chapter 11 Cases”) under chapter 11 of title 11 of the United States Code (the “Bankruptcy Code”) in the United States Bankruptcy Court for the District of Delaware (the “Court”) to implement a prepackaged chapter 11 plan of reorganization (the “Plan”) that effectuates a financial restructuring of the Company’s secured debt (the “Financial Reorganization”).
View on SEC.gov

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WW INTERNATIONAL, INC. filing history →

Source: SEC EDGAR
accession 0001193125-25-114307
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