Recent Updates — MDALF

MDA Space announced a private placement offering of C$600 million in 6.50% senior unsecured notes due August 5, 2033. The offering is expected to close around August 5, 2026, with interest payable semi-annually starting February 5, 2027. Net proceeds are intended to fund the acquisition of Blue Canyon Technologies LLC and related expenses. The acquisition is expected to close by the end of 2026. MDA Space is a space industry company providing robotics, satellite systems, and geointelligence.