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MDA Space Closes $250 Million Senior Notes Offering

BY MT Newswires | CORPORATE | 04:34 PM EST

04:34 PM EST, 12/23/2025 (MT Newswires) -- MDA Space (MDALF) after trade on Tuesday said it closed a private placement offering.

The company said it raised C$250 million through the issuance of 7.00% senior unsecured notes due 2030.

Proceeds were used to refinance its existing debt under its credit facility, it added.

The company's shares closed up $0.01 to $27.00 on the Toronto Stock Exchange.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

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