US-listed Lindblad Expeditions Holdings, which recently celebrated the keel laying of its first polar newbuilding, has refinanced its senior secured term loan and revolving credit facility.

The company, founded by Lars-Eric Lindblad as Lindblad Travel 60 years ago, has completed a new $200 million, seven-year, senior secured term loan.

It will carry interest at LIBOR plus 3.5%,