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Pyxus International Successfully Completes $120 Million Working Capital Financing Facility

04.30.21

Simpson Thacher represented the Special Committee of the Board of Directors of Pyxus International, Inc. (the “Company”) in connection with a $120 million working capital term loan credit facility provided by two of the Company’s principal shareholders. Simpson Thacher assisted the Special Committee in assessing, negotiating and documenting the transaction.

Pyxus International, Inc. is a global agricultural company with more than 145 years of experience delivering value-added products and services to businesses, customers and consumers.

The Simpson Thacher team included Sandy Qusba, Nicholas Baker, Soogy Lee and Daniel Biller (Credit/Restructuring); Gert Raig and Kristin Hoo (London – Credit); and Jonathan Goldstein (Tax).