<PAGE>
Pursuant to Rule 424(b)(3)
Registration No. 333-26517
LORAL SPACE & COMMUNICATIONS LTD.
PROSPECTUS SUPPLEMENT NO. 8 DATED JUNE 1, 1998
TO PROSPECTUS DATED JULY 11, 1997
The Selling Holders table on pages 7-10 of the Prospectus is hereby
amended to update the information regarding the following entities and their
respective number of shares of Preferred Stock and Common Stock:
<TABLE>
<CAPTION>
Number of Shares Number of Shares
of Preferred Stock of Common Stock
------------------ ---------------
Selling Holders
- ---------------
<S> <C> <C>
Goldman, Sachs & Co........................................................ 409,100 1,022,750
Alexandra Global Investment Fund 1, Ltd.................................... 60,000 150,000
</TABLE>
