---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-002495"
form_type: "8-K"
ticker: "PYYX"
cik: "0000939930"
company_name: "PYXUS INTERNATIONAL, INC."
filed_at: "2023-01-05T23:59:59+00:00"
generated_at: "2026-06-20T20:06:02.400281+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Pyxus subsidiary commences exchange offer for 10% notes due 2024 to new 8.5% notes due 2027

## Summary
- Pyxus Holdings offers to exchange all $280.8M outstanding 10% Senior Secured First Lien Notes due 2024 for new 8.5% Senior Secured Notes due 2027 at par.
- Consent solicitation seeks to eliminate most covenants, subordinate existing notes, and release collateral; bind non-participating holders.
- Support Agreement holders (64.1% of existing notes, 99.7% DDTL, 68.1% term loans) have agreed to tender and consent.
- Exchange Offer expires Feb 2, 2023; settlement expected Feb 6, 2023.
- New notes mature Dec 31, 2027, interest payable semi-annually at 8.5% per annum.

## SEC filing metadata
- accession: 0001193125-23-002495
- form_type: 8-K
- ticker: PYYX
- cik: 0000939930
- company_name: PYXUS INTERNATIONAL, INC.
- filed_at: 2023-01-05T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/939930/000119312523002495/0001193125-23-002495-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/939930/000119312523002495/d428690d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-002495
- JSON: https://secwatch.observer/filing/0001193125-23-002495.json
- Plain text: https://secwatch.observer/filing/0001193125-23-002495.txt

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