Lindblad Expeditions Holdings Inc. has announced the early results of its cash tender offer and consent solicitation related to its 6.750% Senior Secured Notes due 2027. As of the early tender deadline on August 18, 2025, approximately $263.3 million, or 73.1% of the outstanding notes, were validly tendered. The company intends to call for redemption any notes not tendered by February 15, 2026, at a redemption price of 100% of the principal amount plus accrued interest. Lindblad has also secured the requisite consents to implement proposed amendments and collateral releases associated with the notes. The early settlement is expected to occur on August 20, 2025.
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