Great Wolf Announces Extension of Maturity Date on Mason, OH Loan
DECEMBER 4, 2008. Great Wolf Resorts, Inc. (Nasdaq: WOLF), North America's leading family of indoor waterpark resorts, today announced that it has negotiated a 30-day extension of the November 30, 2008 maturity date on the company's $76.8 million non-recourse mortgage loan on its Mason, Ohio resort property. During the 30-day extension period, the company will continue discussions with the lender to obtain a longer-term extension of the loan's maturity date. Also, the terms of the loan are unchanged during the extension period.