BondsMedium•10 November 2026•
1 min read
Pyxus International Launches Private Exchange Offer for 8.50% Senior Secured Notes Due 2027
Key Facts
1Pyxus International commenced a private offer to exchange all of its outstanding 8.50% Senior Secured Notes due 2027.
Pyxus International commenced a private offer to exchange all of its outstanding 8.50% Senior Secured Notes due 2027. PR Newswire reported that the company and its subsidiaries initiated the exchange offer and consent solicitation, offering noteholders who tender by the November 24, 2026 deadline a combination of common stock and new floating rate senior secured notes.
The company is seeking to manage its debt obligations and extend its maturity profile following its recent Q2 earnings and guidance update. PYYX closed at $2.4 on November 6, 2026, with the stock trading between a day low of $2.38 and a high of $2.7 during that session.