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Published on 10/20/2015 in the Prospect News Bank Loan Daily.

Moody’s: Weight Watchers unaffected

Moody's Investors Service said Weight Watchers International, Inc.'s announcement that Oprah Winfrey has invested $43 million for a 10% equity stake is a positive credit development as the new cash will improve liquidity and Winfrey's involvement in the company, including as a board member and spokesperson, could lead to subscriber growth.

However, Weight Watcher's B3 corporate family and senior secured ratings and negative credit outlook are not affected at this time.


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