Lindblad Expeditions Raises $85 Million to Enhance Financial Flexibility and Support Long-Term Growth
Lindblad Expeditions Raises $85 Million to Enhance Financial Flexibility and Support Long-Term Growth
08/27/20, 11:33 AM
Location
new yorkMoney raised
$85 million
Industry
leisure
tourism
travel
Lindblad Expeditions Holdings, Inc. (NASDAQ: LIND; the "Company" or "Lindblad") today reported that it has entered into an agreement with a group of investors (the "Investors"), including MSD Partners, L.P., Durable Capital L.P., Headlands Capital, Deep Field Asset Management LLC and Declaration Capital, for the private placement of $85 million of convertible preferred stock.
Company Info
Location
new york, new york, united states
Additional Info
Lindblad Expeditions is known for its pioneering history in modern expedition cruising, leading curious and discerning travelers on journeys of deep discovery to the farthest reaches of the planet for more than half a century. It has a rich heritage as the pioneers of modern expedition cruising.