---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-033146"
form_type: "8-K"
ticker: "PII"
cik: "0000931015"
company_name: "Polaris Inc."
filed_at: "2024-07-26T23:59:59+00:00"
generated_at: "2026-05-31T16:06:56.262150+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Polaris adds $400M 364-day term loan facility to repay revolver and for corporate purposes

## Summary
- New incremental 364-day unsecured term loan of $400M entered July 26, 2024, maturing July 25, 2025.
- Proceeds to partially repay outstanding revolving loans and for general corporate purposes.
- Interest margin: base rate 0.75%–0%; Term SOFR 1.75%–1.00%, depending on net leverage ratio.
- Amendment No. 7 to existing credit agreement; lenders include U.S. Bank, Bank of America, MUFG, Wells Fargo, and others.
- Covenants and events of default consistent with prior credit agreement; no material adverse change representation made.

## SEC filing metadata
- accession: 0001628280-24-033146
- form_type: 8-K
- ticker: PII
- cik: 0000931015
- company_name: Polaris Inc.
- filed_at: 2024-07-26T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/931015/000162828024033146/0001628280-24-033146-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/931015/000162828024033146/pii-20240726.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-033146
- JSON: https://secwatch.observer/filing/0001628280-24-033146.json
- Plain text: https://secwatch.observer/filing/0001628280-24-033146.txt

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