12:02 PM EDT, 08/05/2025 (MT Newswires) -- Lindblad Expeditions ( LIND ) said Tuesday a subsidiary has launched a cash tender offer to purchase all of its 6.750% senior secured notes due in 2027, of which $360 million is outstanding.

The tender offer will expire Sept. 3, the company said. It also set Aug. 18 as an early tender deadline that gives holders a total consideration that includes an early tender payment.

Shares of Lindblad were up over 4% in recent trading.

Price: 12.99, Change: +0.64, Percent Change: +5.14