secwatch.observer — SEC 8-K summary
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Issuer:     PYXUS INTERNATIONAL, INC. (PYYX)
CIK:        0000939930
Form:       8-K
Filed at:   2022-06-07T23:59:59+00:00
Accession:  0001193125-22-169291
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/939930/000119312522169291/0001193125-22-169291-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/939930/000119312522169291/d287867d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-169291

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