Pyxus International amends ABL credit facility: increases to $150M, extends maturity to 2030, reduces margin

PYXUS INTERNATIONAL, INC.

Credit facility increased by $30M from $120M to $150M.
Interest rate margin reduced by 25 bps from 300 to 275 bps; SOFR adjustment eliminated.
Commitment fee on unused amounts reduced by 12.5 bps when borrowings <50% of facility.
Maturity extended to May 12, 2030 or 90 days before earliest maturity of certain other debt.
Amendment dated May 12, 2025; borrowers include Pyxus Holdings and subsidiaries.

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