UNITED STATES

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): January 27, 2017

Loral Space & Communications Inc.

(Exact name of registrant as specified in its charter)

Delaware 1-14180 87-0748324

(State or other jurisdiction

(Commission

(I.R.S. Employer

of incorporation) File Number) Identification No.) 565 Fifth Avenue, New York, New York 10017

(Address of principal executive offices)

(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:

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01 Other Events.

On January 27, 2017, Loral Space & Communications Inc. ("Loral") received $250.8 million from Telesat Canada, representing our share of an aggregate approximately $400 million distribution paid by Telesat to its shareholders.

Loral intends to use the proceeds of such distribution, net of reasonable reserves for working capital and other liabilities, to make a distribution to its stockholders. There can be no assurance as to the amount and timing of any such distribution.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Loral Space & Communications Inc.

January 27, 2017 By: Avi Katz

Name: Avi Katz

Title: President, General Counsel and Secretary

Loral Space and Communications Inc. published this content on 27 January 2017 and is solely responsible for the information contained herein.
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