Weight Watchers offers to prepay $229 million tranche B-1 term loans

By Susanna Moon

Chicago, June 16 – Weight Watchers International, Inc. will begin an offer on Wednesday to prepay at a discount to par up to $229 million of initial tranche B-1 term loans, according to an 8-K filing with the Securities and Exchange Commission.

JPMorgan Chase Bank, NA is the administrative agent and an issuing bank. The Bank of Nova Scotia is the revolving agent, swingline lender and an issuing bank.

Weight Watchers is a New York-based provider of weight management services.

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