Lindblad issues $675M 7% senior secured notes due 2030 to refinance existing debt

LINDBLAD EXPEDITIONS HOLDINGS, INC.

Issued $675M 7.000% notes due 2030; net proceeds used to repurchase 2027 notes and redeem 2028 notes.
Amended revolving credit facility: commitments increased to $60M, maturity extended to August 2030.
Tender offer for 2027 notes: ~73.1% tendered early; total consideration $1,009.98 per $1,000 principal.
Issuer received covenant consent but not collateral release; will redeem remaining 2027 notes on Feb 17, 2026.

item 1.01item 8.01item 2.03item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.