SPRINGFIELD, MO— John Q. Hammons Hotels LP has extended the expiration date of its cash tender offers to holders of its outstanding 8-7/8% first-mortgage notes due 2004 and 9-3/4% first-mortgage notes due 2005. It was further reported the waiver condition was satisfied with respect to its solicitation of waivers this past May 3. Essentially, the company extended the expiration date for the tender offers through 5 PM (EST) on May 20. The offers had previously been scheduled to expire at the close of business today. Lehman Brothers is the dealer manager and solicitation agent; Wachovia Bank – National Association is the depositary; and Georgeson Shareholders is the information agent for the tender offer and solicitation.
