Business
Polaris Announces Pricing of $500 Million of Senior Notes
Polaris Inc. (NYSE: PII) ("Polaris" or the "Company") today announced the pricing of an underwritten public offering of senior notes consisting of $500 million aggregate principal amount of its 5.600% senior notes due 2031 (the "notes").
About this update from Polaris Inc.
[{"type":"text","content":"MINNEAPOLIS, Nov. 5, 2025 /PRNewswire/ -- Polaris Inc. (NYSE: PII) ("Polaris" or the "Company") today announced the pricing of an underwritten public offering of senior notes consisting of $500 million aggregate principal amount of its 5.600% senior notes due 2031 (the "notes").","length":314,"tagName":"p"},{"type":"image","alt":"(PRNewsfoto/Polaris Inc.) (PRNewsfoto/Polaris Inc.)","displaySize":"","headline":null,"caption":"(PRNewsfoto/Polaris Inc.) (PRNewsfoto/Polaris Inc.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":60,"url":"https://media.zenfs.com/en/prnewswire.com/40043146761d68c96094bbbd33ce6072"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/gu0N5WPqFKJciZzaJVdPbw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTEwNjtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/40043146761d68c96094bbbd33ce6072","width":400,"height":60}},"href":"https://mma.prnewswire.com/media/1976795/1200x180_polaris_blue_logo_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"The sale of the notes is expected to close on November 13, 2025, subject to the satisfaction of customary closing conditions. Polaris intends to use the net proceeds from the offering to repay the Company's incremental term loan facility in full. Any remaining net proceeds will be used for general corporate purposes, which could include the repayment of outstanding borrowings under the Company's revolving loan facility.","length":436,"tagName":"p"},{"type":"text","content":"The active joint book-running managers for the offering are: BofA Securities, Inc., Wells Fargo Securities, LLC, MUFG Securities Americas Inc. and U.S. Bancorp Investments, Inc.","length":177,"tagName":"p"},{"type":"text","content":"This press release shall not constitute an offer to sell, or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction. Any offers to sell, or the solicitation of an offer to buy, and any sales, will be made in accordance with the registration requirements of the Securities Act of 1933, as amended. The notes are being offered pursuant to an effective shelf ...