DEBT financing contracts to
fund Lindblad Expeditions’ plans
to embark on a significant fleet
expansion have been signed.
The expedition line’s merger
partner Capitol Acquisition Corp II
confirmed also that the finance
amount was increased from
US$120 million to $150 million.
Existing stakeholder have been
bought out and regulatory papers
have been filed with the Securities
and Exchange Commission.
The merger between Lindblad
and Capitol is expected to be
finalised in the coming weeks.