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Lindblad Expeditions Announces Senior Secured Notes Offering

Story Highlights
  • Lindblad Expeditions plans to offer senior secured notes to fund a tender offer and redeem existing notes.
  • The company is amending its revolving credit facility to increase commitments and extend the maturity date.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Lindblad Expeditions Announces Senior Secured Notes Offering

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Lindblad Expeditions Holdings ( (LIND) ) has provided an update.

On August 5, 2025, Lindblad Expeditions Holdings announced that its subsidiary, Lindblad Expeditions, LLC, plans to offer senior secured notes to fund a tender offer for its outstanding 2027 notes and redeem its 2028 notes. The initiative includes a revolving credit facility amendment, increasing commitments to $60 million and extending the maturity date, reflecting Lindblad’s strategic financial restructuring to enhance its capital structure.

The most recent analyst rating on (LIND) stock is a Buy with a $15.00 price target. To see the full list of analyst forecasts on Lindblad Expeditions Holdings stock, see the LIND Stock Forecast page.

Spark’s Take on LIND Stock

According to Spark, TipRanks’ AI Analyst, LIND is a Neutral.

The overall stock score is driven by strong technical momentum and positive earnings call insights, offset by financial instability and challenging valuation metrics. Despite operational improvements, the negative equity and ongoing profitability issues remain significant concerns.

To see Spark’s full report on LIND stock, click here.

More about Lindblad Expeditions Holdings

Lindblad Expeditions Holdings, Inc. is an expedition travel company that specializes in ship-based voyages through its Lindblad Expeditions brand and land-based travel through its subsidiaries. The company collaborates with National Geographic to offer educationally oriented voyages, promoting conservation and sustainable tourism worldwide.

Average Trading Volume: 304,958

Technical Sentiment Signal: Strong Buy

Current Market Cap: $641.7M

Learn more about LIND stock on TipRanks’ Stock Analysis page.

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