{"id":12735,"date":"2009-12-28T08:41:40","date_gmt":"2009-12-28T16:41:40","guid":{"rendered":"http:\/\/www.boardistan.com\/?p=12735"},"modified":"2009-12-28T08:41:45","modified_gmt":"2009-12-28T16:41:45","slug":"intrawest-misses-524-million-loan-payment","status":"publish","type":"post","link":"http:\/\/www.boardistan.com\/?p=12735","title":{"rendered":"Intrawest Misses $524 Million Loan Payment"},"content":{"rendered":"<p><a href=\"http:\/\/www.boardistan.com\/wp-content\/uploads\/2009\/08\/intrawest.jpg\" onclick=\"window.open('http:\/\/www.boardistan.com\/wp-content\/uploads\/2009\/08\/intrawest.jpg','popup','width=103,height=46,scrollbars=no,resizable=yes,toolbar=no,directories=no,location=no,menubar=no,status=yes,left=0,top=0');return false\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.boardistan.com\/wp-content\/uploads\/2009\/12\/intrawest-tm1.jpg\" height=\"44\" width=\"100\" border=\"1\" align=\"right\" hspace=\"4\" vspace=\"4\" alt=\"Intrawest\" \/><\/a>According to a story in <strong><em><a href=\"http:\/\/www.theglobeandmail.com\/globe-investor\/intrawest-lenders-in-talks-after-missed-debt-payment\/article1411705\/\" target=\"_blank\">The Globe And Mail<\/a><\/em><\/strong> <strong><a href=\"http:\/\/www.intrawest.com\/\" target=\"_blank\">Intrawest <\/a><\/strong>missed a $524 million payment to lenders due on Wednesday, December 23, 2009 and are currently in &#8220;continuing negotiations with the lenders.&#8221;<\/p>\n<blockquote><p>\u201cIntrawest continues to be in active dialogue with our lenders regarding refinancing a term loan,\u201d chief executive officer <strong>Bill Jensen<\/strong> said in a statement. . . Mr. Jensen said Intrawest&#8217;s customers at its resorts and property developments as well as Olympic organizers shouldn&#8217;t expect any changes, regardless of the negotiations on the loan payment and restructuring. . . \u201cIt is business as usual for Intrawest and we are providing our customers and homeowners with the memorable experiences that they have come to expect when they visit our resorts, and will continue to do so regardless of the outcome of these discussions,\u201d he said.<\/p><\/blockquote>\n<p>Well, let&#8217;s hope it&#8217;s not exactly <strong><a href=\"http:\/\/www.boardistan.com\/?p=12162\" target=\"_blank\">business as usual<\/a><\/strong>.<\/p>\n<p><strong>[Link: <\/strong><strong><a href=\"http:\/\/www.theglobeandmail.com\/globe-investor\/intrawest-lenders-in-talks-after-missed-debt-payment\/article1411705\/\" target=\"_blank\">The Globe and Mail<\/a><\/strong><strong>]<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to a story in The Globe And Mail Intrawest missed a $524 million payment to lenders due on Wednesday, December 23, 2009 and are currently in &#8220;continuing negotiations with the lenders.&#8221; \u201cIntrawest continues to be in active dialogue with our lenders regarding refinancing a term loan,\u201d chief executive officer Bill Jensen said in a [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[14,12],"tags":[],"_links":{"self":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/12735"}],"collection":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12735"}],"version-history":[{"count":1,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/12735\/revisions"}],"predecessor-version":[{"id":12736,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/12735\/revisions\/12736"}],"wp:attachment":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12735"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12735"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12735"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}