{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-033840","form_type":"8-K","ticker":"PII","cik":"0000931015","company_name":"Polaris Inc.","filed_at":"2025-07-02T23:59:59+00:00","discovered_at":"2026-05-14T18:02:46.731388+00:00","generated_at":"2026-05-18T09:51:39.918938+00:00","sec_items":["1.01","2.03","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Polaris amends credit facility, prepays $350M senior notes, extends term loan to 2026","bullets":["Prepaid all $350.0M senior notes due 2028 with proceeds from revolving loans under senior credit facilities.","Maturity of incremental term loan extended to June 26, 2026; covenant relief period runs Q2 2025 through Q2 2026.","Limitations during relief: restricts share buybacks and dividends beyond regular quarterly dividends (subject to cap).","If Polaris loses investment-grade rating from two agencies, must grant liens on substantially all domestic personal property.","CFO cites tariff environment as motivation for proactive amendment to enhance financial flexibility."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-033840","json":"https://secwatch.observer/filing/0001628280-25-033840.json","markdown":"https://secwatch.observer/filing/0001628280-25-033840.md","text":"https://secwatch.observer/filing/0001628280-25-033840.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/931015/000162828025033840/0001628280-25-033840-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/931015/000162828025033840/pii-20250627.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T09:51:39.918938+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}