Simpson Thacher and Young Conaway advise as Pyxus files pre-pack

Ben Clarke

15 June 2020

Credit: shutterstock/1022602402

International tobacco company Pyxus has filed pre-packaged Chapter 11 proceedings in Delaware after reaching an agreement to eliminate US$636 million of second-lien notes amid an “unprecedented” liquidity crisis.

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Ben Clarke

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Simpson Thacher and Young Conaway advise as Pyxus files pre-pack

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Ben Clarke