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State: 17.08.2024 | 11PM
Tue, 27.08.2024       Pyxus International
US74737V1061

— Completes Planned Elimination of $142.9 Million of Long-Term Debt as Announced in March 2024 —

MORRISVILLE, N.C., Aug. 27, 2024 /PRNewswire/ -- Pyxus International, Inc. (OTC Pink: PYYX) ("Pyxus," the "Company," "we," or "our"), a global value-added agricultural company, today announced it has made a payment from cash on hand to retire the remaining $20.4 million aggregate principal amount of its 10.0% Senior Secured Notes due 2024 at maturity. This payment, along with the Company's recently completed discounted repurchases under a privately negotiated agreement with Monarch Alternative Capital LP of its 8.50% Senior Secured Notes and its Senior Secured Pyxus Term Loans both due in 2027, completes the planned elimination of $142.9 million of long-term debt from Pyxus' capital structure, as announced March 25, 2024.

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