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Financings

MDA Space closes $250-million note offering

By The Northwire Desk — AI Analysis Dec 23, 2025 · 19:08 MDA · 27.00 MDA Space Ltd
MDA · Price

Executive Summary

  • MDA Space Ltd. has closed a private placement offering of C$250 million in aggregate principal amount of 7.00% senior unsecured notes due 2030.
  • The offering was led by a syndicate of underwriters including RBC Capital Markets, BMO Capital Markets, and Scotiabank.
  • Net proceeds from the offering were utilized to refinance existing outstanding indebtedness under the company's credit facility.

Key Details

  • Instrument: 7.00% senior unsecured notes due 2030.
  • Aggregate Principal Amount: C$250 million.
  • Underwriters: Syndicate led by RBC Capital Markets, BMO Capital Markets, and Scotiabank.
  • Use of Proceeds: Refinancing of existing outstanding indebtedness under the company's credit facility.
  • Offering Structure: Private placement offered to accredited investors in each of the provinces of Canada, relying on exemptions from prospectus requirements under applicable Canadian securities laws.
Read the original news release →

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