A barn near Intrawest resort Steamboat Springs in Colorado.

It seems things may be turning around for Intrawest’s after it’s parent company’s rough financial year.

The resort operator of Whistler/Blackcomb announced this week that it has completed refinancing its previously outstanding debt payments.

Owner Fortress Inc. missed debt payments in December that led to a threat of auction from lenders. This auction was scheduled to occur in the middle of the 2010 Olympic Games. Since that time Fortress Investment Group, Intrawest’s primary creditors, have been working with lenders to restructure the $1.4 billion borrowed in 2006 that Fortress used when purchasing Intrawest.

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