EDC finances $176M of MDA Spanish satellite sale
Export financing agency is looking to grow satellite business.
EDC, which provides export financing, said MDA’s recent acquisition of SSL has led it to become one of the world’s leading suppliers of turnkey satellite solutions. As a result, it will be “actively seeking opportunities” to provide financing for private and national satellite purchases from MDA.
MDA, maker of the Canada arm, is a global communications and surveillance company with offices across Canada.