WeightWatchers, Lenders Start Private Talks to Address Debt

Some lenders to WW International Inc. have entered into confidential talks with the diet company as it tries to cut interest expenses while revenue declines persist, according to people familiar with the situation.

The firm, which operates as the WeightWatchers brand, had been talking to advisers of lenders since at least January, Bloomberg News reported at the time. But now the lenders themselves are also participating, said the people, who asked not to be identified discussing a private matter. The negotiations are at an early stage, they added.

WW has been working with PJT Partners Inc., while a group of ...