---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-21-152169"
form_type: "8-K"
ticker: "PII"
cik: "0000931015"
company_name: "Polaris Inc."
filed_at: "2021-12-21T23:59:59+00:00"
generated_at: "2026-06-27T23:32:37.933334+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Polaris adds $500M 364-day unsecured term loan to support capital allocation and share repurchases

## Summary
- Incremental $500M unsecured 364-day term loan entered Dec 17, 2021; announced Dec 21.
- Interest margins: base rate 0%–0.50%, eurocurrency 0.75%–1.50%, based on leverage ratio.
- Proceeds for general corporate purposes; provides flexibility for $1B share repurchase authorization.
- Facility under existing credit agreement with U.S. Bank as agent; matures Dec 16, 2022.

## SEC filing metadata
- accession: 0001104659-21-152169
- form_type: 8-K
- ticker: PII
- cik: 0000931015
- company_name: Polaris Inc.
- filed_at: 2021-12-21T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/931015/000110465921152169/0001104659-21-152169-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/931015/000110465921152169/tm2135812d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-21-152169
- JSON: https://secwatch.observer/filing/0001104659-21-152169.json
- Plain text: https://secwatch.observer/filing/0001104659-21-152169.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.