diff --git a/module/zfs/arc.c b/module/zfs/arc.c
index e16b44ca8..03097cd83 100644
--- a/module/zfs/arc.c
+++ b/module/zfs/arc.c
@@ -8561,7 +8561,6 @@ l2arc_read_done(zio_t *zio)
 		zio->io_private = hdr;
 		arc_read_done(zio);
 	} else {
-		mutex_exit(hash_lock);
 		/*
 		 * Buffer didn't survive caching.  Increment stats and
 		 * reissue to the original storage device.
@@ -8586,10 +8585,24 @@ l2arc_read_done(zio_t *zio)
 
 			ASSERT(!pio || pio->io_child_type == ZIO_CHILD_LOGICAL);
 
-			zio_nowait(zio_read(pio, zio->io_spa, zio->io_bp,
+			zio = zio_read(pio, zio->io_spa, zio->io_bp,
 			    abd, zio->io_size, arc_read_done,
 			    hdr, zio->io_priority, cb->l2rcb_flags,
-			    &cb->l2rcb_zb));
+			    &cb->l2rcb_zb);
+
+			/*
+			 * Original ZIO will be freed, so we need to update
+			 * ARC header with the new ZIO pointer to be used
+			 * by zio_change_priority() in arc_read().
+			 */
+			for (struct arc_callback *acb = hdr->b_l1hdr.b_acb;
+			    acb != NULL; acb = acb->acb_next)
+				acb->acb_zio_head = zio;
+
+			mutex_exit(hash_lock);
+			zio_nowait(zio);
+		} else {
+			mutex_exit(hash_lock);
 		}
 	}