Pyxus International, Inc., a global value-added agricultural company, successfully completed a USD 700 million exchange transaction and solicitation process for its outstanding senior secured notes and term loans, involving a complex cross-jurisdiction restructuring of security. De Brauw successfully advised the majority equity investors and creditors on the advantageous finance and security reshuffling, involving a complex release and retake of several layers of security on different entities and safeguarded the lenders' interest in its multi-jurisdictional and high-end intercreditor arrangements, ensuring seamless application of proceeds and continued security for the future.