6-K

Foreign issuer report

✓ VerifiedTelesat's interim statements detail the Lightspeed financing: government facilities of $2,140 million from Canada and $400 million from Quebec backing the LEO constellation build.

Summary

  • The statements cover the first quarter ended March 31, 2026.
  • Lightspeed financing comprises senior secured non-revolving delayed-draw term facilities of $2,140 million from the Government of Canada and $400 million from Quebec.
  • North American customers were 66% of trade receivables at quarter end.
Lightspeed facilities
$2,140M + $400M
From the filing for Lightspeed facilities
senior secured non -revolving delayed draw term loan facilities in the principal amount of $2,140 million and $400 million, respectively ("Telesat Lightspeed Financing")

Sovereign lending is carrying the constellation while the GEO business winds down.

Filed
May 5, 2026
Accepted
2026-05-05 11:00Z
Period
Mar 31, 2026
Accession no.
0001213900-26-051894
Size
20.7 MB