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 27, 2003 LORAL SPACE & COMMUNICATIONS LTD. (Exact name of registrant as specified in its charter) Islands of Bermuda 1-14180 13-3867424 -------------------------------------------------------------------------------- (State or other (Commission (IRS Employer jurisdiction of File Number) Identification incorporation) Number) c/o Loral SpaceCom Corporation 600 Third Avenue, New York, New York 10016 -------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (212) 697-1105 Item 5. Other Events. On June 30, 2003, Loral Space & Communications Ltd. issued the press releases attached hereto in Exhibits 99.1 and 99.2 respectively and incorporated herein by reference. Effective June 27, 2003, Loral SpaceCom Corporation entered into an amendment to its Credit Agreement to permit the Alcatel settlement and the Intelsat orbital sale. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits. (c) Exhibits. Exhibit 10.1 Second Amendment to Amended and Restated Credit Agreement dated as of June 27, 2003 by and among Loral SpaceCom Corporation, Bank of America, N.A. and banks and other financial institutions party thereto Exhibit 99.1 Press release of Loral Space & Communications Ltd. dated June 30, 2003 regarding Intelsat orbital sale Exhibit 99.2 Press release of Loral Space & Communications Ltd. dated June 30, 2003 regarding Alcatel settlement 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 Ltd. By: /s/ Avi Katz ---------------- Name: Avi Katz Title: Vice President and Secretary Date: July 1, 2003 EXHIBIT INDEX Exhibit Description Exhibit 10.1 Second Amendment to Amended and Restated Credit Agreement dated as of June 27, 2003 by and among Loral SpaceCom Corporation, Bank of America, N.A. and banks and other financial institutions party thereto Exhibit 99.1 Press release of Loral Space & Communications Ltd. dated June 30, 2003 regarding Intelsat orbital sale Exhibit 99.2 Press release of Loral Space & Communications Ltd. dated June 30, 2003 regarding Alcatel settlement