secwatch.observer — SEC 8-K summary
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Issuer:     Polaris Inc. (PII)
CIK:        0000931015
Form:       8-K
Filed at:   2023-11-16T23:59:59+00:00
Accession:  0001140361-23-053649
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Polaris issues $500M 6.950% Senior Notes due 2029; proceeds to repay credit facility
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/931015/000114036123053649/0001140361-23-053649-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/931015/000114036123053649/ny20010330x5_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-053649

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