Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers W > Headlines for Weight Watchers International Inc. > News item |
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.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.