January 12, 2018 / 2:32 PM / 5 months ago

BRIEF-Lindblad Expeditions Holdings - On Jan 8, Co, Its Unit Entered Into A Senior Secured Credit Agreement

* LINDBLAD EXPEDITIONS HOLDINGS - ON JAN 8, CO AND ITS UNIT ENTERED INTO A SENIOR SECURED CREDIT AGREEMENT -SEC FILING

* LINDBLAD EXPEDITIONS - PURSUANT TO AGREEMENT, LENDERS TO MAKE AVAILABLE TO UNIT A LOAN, WHICH WILL NOT TO EXCEED AMOUNT OF $107.7 MILLION

* LINDBLAD EXPEDITIONS SAYS LOAN MADE FOR PURPOSE OF FINANCING UP TO 80% OF PURCHASE PRICE OF CO’S NEW EXPEDITION ICE-CLASS CRUISE VESSEL

* LINDBLAD EXPEDITIONS-LOAN TO AMORTIZE QTRLY ON 12-YEAR PROFILE, WITH 70% MATURING OVER 12 YRS FROM DRAWDOWN, & 30% MATURING OVER 5 YRS FROM DRAWDOWN Source text (bit.ly/2mjwLcG) Further company coverage:

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