Pyxus subsidiary enters $100M term loan amendment, extends maturity to Dec 2023

PYXUS INTERNATIONAL, INC.

Intabex Netherlands B.V. amended its term loan credit agreement to a $100M facility from existing lenders Glendon, Monarch, and Owl Creek.
Interest at SOFR + 7.5% (1.0% floor) or base + 6.5%; maturity December 2, 2023.
Prepayment allowed after one year with 2% fee; commitment fee 3% and closing fee 1%.
Existing guarantees and collateral continue; lenders' affiliates hold board seats via shareholders' agreement.

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