---
schema_version: "secwatch.filing_event.v1"
accession: "0000939930-23-000025"
form_type: "8-K"
ticker: "PYYX"
cik: "0000939930"
company_name: "PYXUS INTERNATIONAL, INC."
filed_at: "2023-02-03T23:59:59+00:00"
generated_at: "2026-06-20T01:37:33.996248+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Pyxus exchange offer: 92.74% of 10% notes tendered for new 8.5% notes due 2027

## Summary
- $260.5M of $281M outstanding existing notes tendered (92.74% participation).
- Exchange cuts coupon from 10.00% to 8.50% and extends maturity from 2024 to 2027.
- Settlement expected Feb 6, 2023; consent solicitation to amend indenture and release collateral succeeded.
- Remaining non-tendered notes also bound by indenture amendments eliminating most covenants.
- Issuer Pyxus Holdings, Inc. (wholly-owned subsidiary) executes exchange with eligible holders.

## SEC filing metadata
- accession: 0000939930-23-000025
- form_type: 8-K
- ticker: PYYX
- cik: 0000939930
- company_name: PYXUS INTERNATIONAL, INC.
- filed_at: 2023-02-03T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/939930/000093993023000025/0000939930-23-000025-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/939930/000093993023000025/pyx-20230203.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000939930-23-000025
- JSON: https://secwatch.observer/filing/0000939930-23-000025.json
- Plain text: https://secwatch.observer/filing/0000939930-23-000025.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.