Northwire Canada EditionFriday, July 17, 2026
Sign inSubscribe
Northwire
⌕
LUN 33.59 −2.5% NTR 94.27 −1.8% LALI 0.055 −8.3% SCD 0.170 +0.0% HWY 0.370 +0.0% FCI 0.385 +1.3% GGAU 0.180 −5.3% KIRO 0.650 +1.6% LBNK 0.430 +0.0% BARU 0.040 +0.0% VCU 1.09 −4.4% NOBL 0.095 −5.0% SHL 0.355 +0.0% MTS 0.130 +0.0% FYL 0.090 +0.0% NUAG 5.55 +1.8% LUN 33.59 −2.5% NTR 94.27 −1.8% LALI 0.055 −8.3% SCD 0.170 +0.0% HWY 0.370 +0.0% FCI 0.385 +1.3% GGAU 0.180 −5.3% KIRO 0.650 +1.6% LBNK 0.430 +0.0% BARU 0.040 +0.0% VCU 1.09 −4.4% NOBL 0.095 −5.0% SHL 0.355 +0.0% MTS 0.130 +0.0% FYL 0.090 +0.0% NUAG 5.55 +1.8%
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 →

More from MDA Space Ltd

Jun 25, 2026 · 01:30

MDA Space secures Mitsubishi Electric defense payload contract; backlog grows but valuation already prices in execution.

Other Jun 24, 2026 · 06:45

CANADIAN SPACE AGENCY AND MDA SPACE CONCLUDE CONTRACT FOR REPLENISHMENT SATELLITE VALUED AT $688M

Production / Operations Jun 19, 2026 · 06:30

MDA Space announces definitive agreement to acquire US-based Blue Canyon Technologies LLC

M&A / Property Jun 15, 2026 · 08:15

Routine defense contract wins extend 49North's footprint but do not alter the $3.7B backlog or re-rate the satellite manufacturing thesis.

Other Jun 12, 2026 · 08:30

49NORTH ANNOUNCES U.S. AIR FORCE CONTRACT RENEWAL

Production / Operations Jun 12, 2026 · 08:15

49NORTH RELEASES GLOBAL PROCEDURE DESIGNER, A PROVEN INSTRUMENT FLIGHT PROCEDURE DESIGN SOLUTION REFRESHED FOR COMPLIANCE WITH LATEST REGULATIONS

Other