{"id":8944,"date":"2008-10-24T00:00:00","date_gmt":"2008-10-24T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"key-2010-olympics-company-in-bc-refinances-just-ahead-of-deadline","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2008\/key-2010-olympics-company-in-bc-refinances-just-ahead-of-deadline.html","title":{"rendered":"Key 2010 Olympics company in BC refinances just ahead of deadline"},"content":{"rendered":"<p>Metro Canada &#8211; A company that will play a key role in the Vancouver 2010 Olympic Games ended rampant speculation about its financial well-being Thursday by completing a deal to refinance a $1.7-billion loan &#8211; just hours before deadline.<\/p>\n<p>Intrawest ULC owns and operates major tourism venues across the country but is best known for its Whistler-Blackcomb ski resort, one of the main venues for the Winter Games.<\/p>\n<p>The destination-resort company received unanimous support from its existing lender group Thursday to refinance.<\/p>\n<p>Intrawest CEO Bill Jensen said he&#8217;s pleased to have reached an agreement with Fortress Investment Group LLC (NYSE:FIG), &quot;particularly given the challenges of the global credit markets.&quot;<\/p>\n<p>&quot;The support Fortress and our lenders have shown underscores their confidence in Intrawest and will enable us to continue to execute our long-term strategic plans,&quot; Jensen said in a statement.<\/p>\n<p><a href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.metronews.ca\/vancouver\/sports\/article\/130353\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Metro Canada &#8211; A company that will play a key role in the Vancouver 2010 Olympic Games ended rampant speculation about its financial well-being Thursday by completing a deal to refinance a $1.7-billion loan &#8211; just hours before deadline. Intrawest [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[608,346,502,2054,2055,966,1481,230,3353],"class_list":["post-8944","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-billionaire","tag-board-of-directors","tag-expectation","tag-failure","tag-fortress-investment-group","tag-global-funds","tag-halo","tag-institutional-marketing","tag-personal-friend"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8944","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=8944"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8944\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=8944"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=8944"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=8944"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}