Lindblad Expeditions Upsizes and Prices $675 Million Private Offering of Senior Secured Notes Due 2030

Reuters
Aug 07
Lindblad Expeditions Upsizes and Prices $675 Million Private Offering of Senior Secured Notes Due 2030

Lindblad Expeditions Holdings Inc. has announced the pricing of a $675 million private offering of 7.000% senior secured notes due in 2030, an increase of $25 million from the initially planned amount. The proceeds from this offering are intended to fund a tender offer for all outstanding 6.750% Senior Secured Notes due 2027 and to redeem all 9.000% Senior Secured Notes due 2028. Any remaining funds will be allocated for general corporate purposes. The new notes, guaranteed by Lindblad and certain subsidiaries, will be secured by a first-priority lien on most of the assets of the Issuer and guarantors.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lindblad Expeditions Holdings Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: CL46175) on August 06, 2025, and is solely responsible for the information contained therein.

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