SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
June 5, 2009
LORAL SPACE & COMMUNICATIONS INC.
(Exact name of registrant as specified in its charter)
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| Delaware
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1-14180
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87-0748324 |
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(State or other
jurisdiction of
incorporation
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Commission
File Number
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I.R.S Employer Identification |
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| 600 Third Avenue, New York, New York
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10016 |
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| (Address of principal executive offices)
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(Zip Code) |
Registrant’s
telephone number, including area code: (212) 697-1105
Not Applicable
Former name or former address, if changed since last report
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the
filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
Item 8.01 Other Events.
Telesat Holdings Inc., in which we hold 64% of the economic interests and 331/3% of the voting
interests, is registering certain debt securities with an aggregate principal value of US$910
million which will be fully and unconditionally guaranteed on an unsecured basis by Telesat
Holdings Inc. and certain of its domestic and foreign subsidiaries. In connection with the
registration of these debt securities, the consolidated financial statements of Telesat Holdings
Inc. have been updated to include the disclosures required by Articles 4-01(a)(2) and 3-10(d) of
Regulation S-X. Article 4-01(a)(2) requires that financial statements of foreign private issuers
prepared using a basis of presentation other than United States generally accepted accounting
principles (“U.S. GAAP”) or International Financial Reporting Standards include all disclosures
required by U.S. GAAP and the provisions of Regulation S-X as specified in Item 18 of Form 20-F.
Article 3-10(d) requires financial statements of guarantors and issuers of guaranteed securities
registered or to be registered to include, in a footnote, condensed consolidating financial
information relating to the parent company, the subsidiary issuer, the guarantor subsidiaries of
the parent company on a combined basis, the non-guarantor subsidiaries of the parent company on a
combined basis, consolidating adjustments and total consolidated amounts.
In this Current Report on Form 8-K, we are filing audited consolidated financial statements of
Telesat Holdings Inc. as of December 31, 2008 and 2007, for the year ended December 31, 2008 and
for the period October 31, 2007 to December 31, 2007 (Successor Entity) and for the period January
1, 2007 to October 30, 2007 and the year ended December 31, 2006 (Predecessor Entity),
incorporating, as a footnote, information pursuant to Articles 4-01(a)(2) and 3-10(d) of Regulation
S-X.
The information in this Current Report on Form 8-K should be read in conjunction with the
Company’s 2008 Annual Report on Form 10-K, Quarterly Report on Form 10-Q for the three months ended
March 31, 2009, Current Reports on Form 8-K filed March 10, 2009, May 20, 2009, June 2, 2009 and
our Current Report on Form 8-K filed June 2, 2009 containing our audited consolidated financial
statements as of December 31, 2008 and 2007 and for each of the three years in the period ended
December 31, 2008, which give effect to the retrospective application of Statement of Financial
Accounting Standards No.160, Noncontrolling Interests in Consolidated Financial Statements — an
amendment of ARB No.51. Such current report also contains selected financial data and management’s
discussion and analysis of financial condition and results of operations, which have been adjusted
to give effect to the retrospective application of this standard.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
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| Exhibit |
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Description |
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23.1
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Consent of Deloitte & Touche LLP. |
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99.1
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Consolidated Financial Statements of Telesat Holdings Inc. |