Moody’s changes Weight Watchers to positive

Moody's Investors Service said it affirmed Weight Watchers International, Inc.'s corporate family rating at B1, probability of default rating at B1-PD, senior secured credit facilities at Ba3, senior unsecured notes at B3 and speculative grade liquidity rating at SGL-1.

The outlook was revised to positive from stable.

"Moody's expects solid subscriber, revenue and free cash flow growth in 2018, following an impressive performance in 2017," Moody's senior credit officer Edmond DeForest said in a news release.

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