{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-22-128694","form_type":"8-K","ticker":"PII","cik":"0000931015","company_name":"Polaris Inc.","filed_at":"2022-12-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:54.087617+00:00","generated_at":"2026-06-21T02:17:57.128074+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Polaris amends credit facility: extends $500M term loan to Dec 2023, switches LIBOR to SOFR","bullets":["Maturity of $500M incremental 364-day term loan extended to December 15, 2023.","LIBOR replaced by Term SOFR plus 10 basis point credit spread adjustment for USD advances.","Applicable margin on term loan adjusted to match other term loans under the facility.","Amendment fee of 0.025% of the aggregate 2021 Incremental Term Loan principal paid to lenders.","New domestic borrower (Polaris Industries Inc.) added as a borrower."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-22-128694","json":"https://secwatch.observer/filing/0001104659-22-128694.json","markdown":"https://secwatch.observer/filing/0001104659-22-128694.md","text":"https://secwatch.observer/filing/0001104659-22-128694.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/931015/000110465922128694/0001104659-22-128694-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/931015/000110465922128694/tm2233094d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T02:17:57.128074+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"85ac2dba66c8f8daa10b94ee340602e6efd4b45d","claim":"Polaris Inc. amended term loan of $500 million with U.S. Bank National Association, as administrative agent, and the several lenders party thereto maturing December 15, 2023.","evidence_excerpt":"(ii) extend the maturity date of the $500 million incremental 364-day term loan incurred by Polaris on December 17, 2021 (the “Incremental Term Loan”) until December 15, 2023 and (iii) adjusts the applicable margin for the Incremental Term Loan to be consistent with the applicable margin for the other term loans under the existing credit facility.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/931015/000110465922128694/0001104659-22-128694-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Principal","value":"$500 million"},{"label":"Counterparty","value":"U.S. Bank National Association, as administrative agent, and the several lenders party thereto"},{"label":"Maturity","value":"December 15, 2023"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"76b8a360927e47352a66965c687a2c49b3bc69d5","claim":"Polaris Inc. amended a credit facility with U.S. Bank National Association, as administrative agent, and the several lenders party thereto (effective 2022-12-16).","evidence_excerpt":"On December 16, 2022, Polaris Inc. (“Polaris”) entered into an amendment to its existing credit facility with U.S. Bank National Association, as administrative agent, and the several lenders party thereto.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/931015/000110465922128694/0001104659-22-128694-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"U.S. Bank National Association, as administrative agent, and the several lenders party thereto"},{"label":"Effective","value":"2022-12-16"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}