MDA SPACE ANNOUNCES CLOSING OF C$250 MILLION OFFERING OF SENIOR UNSECURED NOTES DUE 2030

Executive Summary

• MDA Space Ltd. successfully closed a private placement of C$250 million aggregate principal amount of 7.00% senior unsecured notes due 2030.
• The net proceeds are being used to refinance existing indebtedness under the company’s credit facility.
• The offering was led by a syndicate of RBC Capital Markets, BMO Capital Markets and Scotiabank and was made to accredited investors in Canada and qualified institutional buyers in the U.S. (Rule 144A) and offshore (Regulation S).

Key Details

• Offering Size: C$250 million aggregate principal amount.
• Instrument: 7.00% senior unsecured notes due 2030.
• Underwriters/Syndicate: RBC Capital Markets, BMO Capital Markets, Scotiabank (lead managers).
• Placement Structure: Private placement to accredited investors in Canada; qualified institutional buyers in the U.S. under Rule 144A; offshore investors under Regulation S.
• Use of Proceeds: To refinance existing outstanding indebtedness under MDA Space’s credit facility.
• Closing Date: Announcement made on Dec 23, 2025; closing occurred prior to this date.
• Regulatory Exemptions: Offered pursuant to exemptions from prospectus requirements under Canadian securities laws and U.S. securities exemptions (Rule 144A, Regulation S).

Notable Quotes

(No executive quotes were included in the release.)