{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-23-053649","form_type":"8-K","ticker":"PII","cik":"0000931015","company_name":"Polaris Inc.","filed_at":"2023-11-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.448870+00:00","generated_at":"2026-06-08T01:54:31.242954+00:00","sec_items":["1.01","2.03","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Polaris issues $500M 6.950% Senior Notes due 2029; proceeds to repay credit facility","bullets":["Issued $500M aggregate principal of 6.950% Senior Notes maturing March 15, 2029.","Net proceeds approximately $492M after underwriting discount, before expenses.","Interest payable semi-annually on March 15 and September 15; first payment March 15, 2024.","Proceeds used to repay indebtedness under credit agreement and for general corporate purposes.","Notes subject to make-whole redemption prior to Feb 15, 2029, and 100% par redemption thereafter."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-23-053649","json":"https://secwatch.observer/filing/0001140361-23-053649.json","markdown":"https://secwatch.observer/filing/0001140361-23-053649.md","text":"https://secwatch.observer/filing/0001140361-23-053649.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/931015/000114036123053649/0001140361-23-053649-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/931015/000114036123053649/ny20010330x5_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T01:54:31.242954+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":"816f1b68398f0dae81a2a3894fdd6c4b47fecbc1","claim":"Polaris Inc. incurred senior notes of $500 million aggregate principal amount with U.S. Bank Trust Company, National Association, as trustee at 6.950% per year maturing March 15, 2029.","evidence_excerpt":"On November 16, 2023, Polaris Inc. (the “Company”) and U.S. Bank Trust Company, National Association, as trustee (the “Trustee”), entered into a First Supplemental Indenture, dated as of November 16, 2023 (the “First Supplemental Indenture”) to the Indenture, dated as of November 16, 2023 (the “Base Indenture”), relating to the Company’s $500 million aggregate principal amount of its 6.950% Senior Notes due 2029 (the “Notes”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/931015/000114036123053649/0001140361-23-053649-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$500 million aggregate principal amount"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association, as trustee"},{"label":"Rate","value":"6.950% per year"},{"label":"Maturity","value":"March 15, 2029"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"3455c5c080c37492d56c04daa39d07cd603d362a","claim":"Polaris Inc. entered into First Supplemental Indenture with U.S. Bank Trust Company, National Association valued at $500 million aggregate principal amount (effective 2023-11-16).","evidence_excerpt":"On November 16, 2023, Polaris Inc. (the “Company”) and U.S. Bank Trust Company, National Association, as trustee (the “Trustee”), entered into a First Supplemental Indenture, dated as of November 16, 2023 (the “First Supplemental Indenture”) to the Indenture, dated as of November 16, 2023 (the “Base Indenture”), relating to the Company’s $500 million aggregate principal amount of its 6.950% Senior Notes due 2029 (the “Notes”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/931015/000114036123053649/0001140361-23-053649-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association"},{"label":"Value","value":"$500 million aggregate principal amount"},{"label":"Effective","value":"2023-11-16"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}