Filing: Schlitterbahn has offseason cash-flow shortage

Kansas City, Kan. — A public filing says a Kansas water park where a 10-year-old boy was decapitated has cash flow troubles.

The Kansas City Star reports that EPR Properties said Thursday in a filing with the Securities and Exchange Commission that it agreed to advance Schlitterbahn additional amounts under the mortgage, which has an outstanding balance of nearly $180 million. The report noted an off-season shortfall and the cost of legal issues. It was released almost one week after a judge dismissed criminal charges stemming from Caleb Schwab’s 2016 death.

It’s unclear whether Schlitterbahn has received advances in previous off-seasons. EPR’s annual report from a year ago made no mention of advancing money.

Schlitterbahn hasn’t announced plans for the park in 2019. EPR and Schlitterbahn officials couldn’t immediately be reached for comment.


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