MDA Space Ltd. (TSX: MDA; NYSE: MDA) priced a private placement of $600 million aggregate principal amount of 6.50 percent senior unsecured notes due August 5, 2033, on July 23, 2026, with the offering expected to close on or about August 5, 2026, subject to customary closing conditions. MDA Space announced the successful closing of the offering on August 5, 2026, through a syndicate of underwriters led by RBC Capital Markets, BMO Capital Markets and Scotiabank. The notes are senior unsecured obligations ranking pari passu with the company's existing 7.00 percent senior unsecured notes due December 23, 2030 (aggregate principal C$250 million), and are guaranteed by certain of the company's subsidiaries. Net proceeds are intended to fund a portion of the purchase price for MDA Space's acquisition of Blue Canyon Technologies LLC ("BCT"), previously announced on June 19, 2026, along with related fees and expenses. The BCT acquisition itself is an all-cash transaction with a purchase price and enterprise value of US$620 million (approximately C$874 million), subject to purchase price adjustments, and is expected to close by the end of 2026. The notes were offered to accredited investors in Canada on a private placement basis and to qualified institutional buyers in the United States under Rule 144A, and offshore under Regulation S. If the BCT acquisition does not close, MDA Space must redeem the notes in full.