Loral Space mmunications : Amended Statement of Beneficial Ownership

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934 (Amendment No. 1)

Loral Space & Communications Inc. (Name of Issuer)

Common Shares

(Title of Class of Securities)

543881106

(CUSIP Number)

David Goldman GAMCO Investors, Inc. One Corporate Center

Rye, New York 10580-1435 [phone]

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

April 13, 2017

(Date of Event which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box .

1

Gabelli Funds, LLC I.D. No. 13-4044523

1. Check the appropriate box if a member of a group (SEE INSTRUCTIONS) (a)

   (b)

2. Sec use only

3. Source of funds (SEE INSTRUCTIONS) 00-Funds of investment advisory clients

4. Check box if disclosure of legal proceedings is required pursuant to items 2 (d) or 2 (e)

5. Citizenship or place of organization New York

Number Of Shares Beneficially Owned

By Each Reporting Person With

: 7

:

:

:

: 8

:

:

:

: 9

:

:

:

:10

:

:

:

Sole voting power 561,887 (Item 5)

Shared voting power None

Sole dispositive power 561,887 (Item 5)

Shared dispositive power None

1. Aggregate amount beneficially owned by each reporting person 561,887 (Item 5)

2. Check box if the aggregate amount in row (11) excludes certain shares (SEE INSTRUCTIONS)

3. Percent of class represented by amount in row (11) 2.62%

4. Type of reporting person (SEE INSTRUCTIONS) IA, CO

   2

   GAMCO Asset Management Inc. I.D. No. 13-4044521

5. Check the appropriate box if a member of a group (SEE INSTRUCTIONS) (a)

   (b)

6. Sec use only

7. Source of funds (SEE INSTRUCTIONS) 00-Funds of investment advisory clients

8. Check box if disclosure of legal proceedings is required pursuant to items 2 (d) or 2 (e)

9. Citizenship or place of organization New York

Number Of Shares Beneficially Owned

By Each Reporting Person With

: 7

:

:

:

: 8

:

:

:

: 9

:

:

:

:10

:

:

:

Sole voting power 553,966 (Item 5)

Shared voting power None

Sole dispositive power 611,566 (Item 5)

Shared dispositive power None

1. Aggregate amount beneficially owned by each reporting person 611,566 (Item 5)

2. Check box if the aggregate amount in row (11) excludes certain shares (SEE INSTRUCTIONS)

3. Percent of class represented by amount in row (11) 2.85%

4. Type of reporting person (SEE INSTRUCTIONS) IA, CO

   3

   13-3379374

   Gabelli & Company Investment Advisers, Inc. I.D. No.

5. Check the appropriate box if a member of a group (SEE INSTRUCTIONS) (a)

   (b)

6. Sec use only

7. Source of funds (SEE INSTRUCTIONS) 00 - Client funds

8. Check box if disclosure of legal proceedings is required pursuant to items 2 (d) or 2 (e)

9. Citizenship or place of organization Delaware

Number Of Shares Beneficially Owned

By Each Reporting Person With

: 7

:

:

:

: 8

:

:

:

: 9

:

:

:

:10

:

:

:

Sole voting power 113,505 (Item 5)

Shared voting power None

Sole dispositive power 113,505 (Item 5)

Shared dispositive power None

1. Aggregate amount beneficially owned by each reporting person 113,505 (Item 5)

2. Check box if the aggregate amount in row (11) excludes certain shares (SEE INSTRUCTIONS)

3. Percent of class represented by amount in row (11) 0.53%

4. Type of reporting person (SEE INSTRUCTIONS) HC, CO, IA

4