Lindblad raises ECA-backed cruise ship loan
US-based Lindblad Expeditions has raised a $107.6 million 12-year senior secured loan from Citibank and Eksportkreditt Norge to finance an ice-class cruise ship newbuild due for delivery in January 2020. The debt overs 80% of the ship cost and 70% of the loan comes with a GIEK guarantee. At the...