---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-188656"
form_type: "8-K"
ticker: "PYYX"
cik: "0000939930"
company_name: "PYXUS INTERNATIONAL, INC."
filed_at: "2022-07-06T23:59:59+00:00"
generated_at: "2026-06-24T21:09:39.980050+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Pyxus International amends credit facility with TDB; new commitments of $185M for African subsidiaries

## Summary
- New lending commitments: Malawi $100M, Tanzania $70M, Zambia $15M totaling $185M.
- Existing loans outstanding ~$89M; new loans bear interest at LIBOR+5.5% (vs existing at LIBOR+6%).
- Facility terminates June 30, 2024, but TDB may terminate or modify terms on June 30, 2023.
- Parent and subsidiaries guarantee; secured by tobacco inventory, receivables, collection accounts.
- Includes affirmative/negative covenants and events of default typical for secured financing.

## SEC filing metadata
- accession: 0001193125-22-188656
- form_type: 8-K
- ticker: PYYX
- cik: 0000939930
- company_name: PYXUS INTERNATIONAL, INC.
- filed_at: 2022-07-06T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/939930/000119312522188656/0001193125-22-188656-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/939930/000119312522188656/d361097d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-188656
- JSON: https://secwatch.observer/filing/0001193125-22-188656.json
- Plain text: https://secwatch.observer/filing/0001193125-22-188656.txt

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