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MDA SPACE ANNOUNCES CLOSING OF C$250 MILLION OFFERING OF SENIOR UNSECURED NOTES DUE 2030
MDA SPACE ANNOUNCES CLOSING OF C$250 MILLION OFFERING OF SENIOR UNSECURED NOTES DUE 2030 ...
About this update from Mda Space Ltd
[{"type":"text","content":"\n\n\nMDA SPACE ANNOUNCES CLOSING OF C$250 MILLION OFFERING OF SENIOR UNSECURED NOTES DUE 2030\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntaj{\nTEXT-ALIGN: JUSTIFY\n}\n\n\n\n\n\nCanada NewsWire\n\n\nBRAMPTON, ON, Dec. 23, 2025 /CNW/ - MDA Space Ltd. (\"MDA Space\" or the \"Company\") (TSX: MDA), announced today that it has successfully closed its previously announced private placement offering (the \"Offering\") of C$250 million aggregate principal amount of 7.00% senior unsecured notes due 2030 (the \"Notes\").\n\n\n\n\n\n\n\nThe Notes were offered through a syndicate of underwriters led by RBC Capital Markets, BMO Capital Markets and Scotiabank. \nThe net proceeds of the Offering were used to refinance existing outstanding indebtedness under the Company's credit facility. \nThe Notes were offered for sale in each of the provinces of Canada to \"accredited investors\" on a private placement basis, in reliance upon exemptions from the prospectus requirements under applicable Canadian securities laws. The Notes have not been and will not be registered under the United States Securities Act of 1933, as amended (the \"U.S. Securities Act\") or any state securities laws and were offered in the United States only to qualified institutional buyers, pursuant to Rule 144A of the U.S. Securities Act, and outside the United States in offshore transactions in reliance upon Regulation S under the U.S. Securities Act. \nThis news release shall not constitute an offer to sell or the solicitation of an offer to buy the Notes, nor shall there be any offer or sale of the Notes in any jurisdiction in which such offer, solicitation or sale would be unlawful.\nAbout MDA Space\nBuilding the space between proven and possible, MDA Space (TSX:MDA) is a trusted mission partner to the global space industry. A robotics, satellite systems and geointelligence pioneer with a 55-year+ story of world firsts and more than 450 missions, MDA Space is a global leader in communications satellites, Earth and space observation, and space exploration and infrastructure. The global MDA Space te...