| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| USD | 275.000 | 5 | May-28 | Sr. Secured | B3 | B- | - | Fixed | Tsy | - | 8.75-9.00% | 531 | 9.00% | - | 100.00000 |
Tranche Comments
5 yr: First Pay: 2023-11-15; Redemption: 2025-05-15; Registration: 144A/Reg S; Comments: US$275m 9.00% cpn 5yr (5/15/28) NC2 (5/15/25) at 100.00, yld 9.00%. Spread: T+531bp. MWC T+50bp until 5/15/25, and then 104.50, 102.25, 100.00. Equity clawback: Up top 40% at 109.00 until 5/15/25. Settle date: 5/02/23. 144A CUSIP: 535219AA7. LEI: 549300GSPW24GZE6R597. CoC: 101%;
Guarantor(s)
Lindblad Expeditions LLC, Lindblad Maritime Enterprises Ltd
Use of Proceeds
Refinancing of Export Credit Agreements, working capital and general corporate purposes