Moody's upgrades Weight Watchers CFR to B2; outlook remains positive
Rating Action: Moody's upgrades Weight Watchers CFR to B2; outlook remains positive. Global Credit Research- 18 Sep 2017. About $2 billion of rated debt.Weight Watchers International is a wellness company and provider of commercial weight management program. The company's Weight Management Program and Plan is comprised of a range of nutritional, activity, behavioral and lifestyle tools and approaches, and includes its food plan, known as SmartPoints. The company's services and products include meetings conducted by the company and its franchisees, digital offerings provided through its websites, mobile sites and apps, consumer products sold at meetings and through the company's websites, licensed and endorsed products sold in retail channels and magazine subscriptions and other publications. The company provides subscriptions for its plans for meetings and online subscriptions.
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