• Pyxus International launched an exchange offer for $148.34 million of its 8.50% Senior Secured Notes due 2027.
• Holders tendering by November 24, 2026, receive $344.37 in stock and $675.90 in new floating rate senior secured notes per $1,000 principal.
• Later tenders receive $327.15 in stock and $642.11 in new floating rate senior secured notes per $1,000 principal.
• The offer expires December 10, 2026, at 5 p.m. New York time; settlement is expected December 15, 2026.
• Closing generally requires 99% participation across three debt classes; unexchanged notes face subordination, covenant removal and potential collateral release.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pyxus International Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000939930-26-000054), on November 10, 2026, and is solely responsible for the information contained therein.