MDA Space (MDA) said late Thursday it priced its private placement offering of 600 million Canadian dollars ($426.4 million) of 6.50% senior unsecured notes due Aug. 5, 2033.
The offering is expected to close on or about Aug. 5.
The company aims to use the proceeds from the offering to finance a portion of its proposed acquisition of Blue Canyon Technologies announced last month, as well as acquisition-related fees and expenses.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments