secwatch.observer — SEC 8-K summary
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Issuer:     PYXUS INTERNATIONAL, INC. (PYYX)
CIK:        0000939930
Form:       8-K
Filed at:   2022-08-02T23:59:59+00:00
Accession:  0001193125-22-210127
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pyxus International subsidiary closes $100M term loan facility, repays prior debt
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- Intabex Netherlands B.V., a Pyxus subsidiary, borrowed $100M in full under a new term loan facility on July 28, 2022.
- Proceeds used to repay all outstanding principal and accrued interest under the prior credit agreement, plus fees and expenses.
- Lenders include funds managed by Glendon Capital Management, Monarch Alternative Capital, and Owl Creek Asset Management.
- The Amended and Restated Credit Agreement replaces the initial term loan credit agreement dated April 23, 2021.
- Conditions to effectiveness were satisfied on July 28, 2022, making the restructuring effective.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/939930/000119312522210127/0001193125-22-210127-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/939930/000119312522210127/d349082d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-210127

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