v3.26.1
Debt Arrangements (Tables)
3 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Schedule of Debt Financing
The following summarizes debt and notes payable:

Interest Rate(1)
June 30, 2026June 30, 2025March 31, 2026
Senior secured credit facility:
ABL Credit Facility6.7 %$— $— $— 
Senior secured notes:
8.5% Notes Due 2027(2)
8.5 %146,908 146,046 146,662 
Senior secured term loans:
Intabex Term Loans(3)
12.2 %187,916 187,288 187,752 
Pyxus Term Loans(4)
12.2 %121,196 121,757 121,343 
Other debt:
   Notes payable(5)
9.0 %828,553 880,925 477,132 
    Total debt$1,284,573 $1,336,016 $932,889 
Short-term(5)
$828,553 $880,925 $477,132 
Long-term456,020 455,091 455,757 
Letters of credit$8,273 $8,939 $8,024 
(1) Weighted average stated rate for the trailing twelve months ended June 30, 2026 or, for indebtedness outstanding only during a portion of such twelve-month period, for the portion of such period that such indebtedness was outstanding.
(2) Balance of $146,908 is net of a debt discount of $1,431. Total repayment at maturity is $148,339.
(3) Balance of $187,916 is net of a debt discount of $1,117. Total repayment at maturity is $189,033, which includes a $2,000 exit fee payable upon repayment.
(4) Balance of $121,196 is net of a debt premium of $991. Total repayment at maturity is $120,205.
(5) Primarily foreign seasonal lines of credit.