POLARIS INC. : Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant, Financial Statements and Exhibits (form 8-K)

Item 1.01 Entry into a Material Definitive Agreement

On December 17, 2021, Polaris Inc. ("Polaris") entered into an amendment to its existing credit facility with U.S. Bank National Association, as administrative agent, and the several lenders party thereto such (the "Amended Credit Facility") to provide for a new incremental 364-day term loan in the amount of $500.0 million (the "Incremental Term Loan Facility"). The proceeds of the Incremental Term Loan Facility will be used to finance general corporate operations.

The new Incremental Term Loan Facility is unsecured and has a term of 364-days, ending on December 16, 2022.

The applicable margin for advances under the Incremental Term Loan Facility ranges from 0.50% to 0% for base rate advances and from 1.50% to 0.75% for eurocurrency advances, in each case depending upon Polaris's leverage ratio. The Amended Credit Facility continues to be subject to various covenants consistent with the existing credit agreement. The Amended Credit Facility also continues to contain standard covenants with regards to mergers and consolidations, asset sales, and is subject to acceleration upon various events of default.

A copy of the Amended Credit Facility is filed as Exhibit 10.1 hereto qualifies the above description and is incorporated by reference herein.

A copy of the press release is furnished herewith as Exhibit 99.1 and is incorporated herein by reference.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an

           Off-Balance Sheet Arrangement of a Registrant.

The information set forth under Item 1.01 is incorporated by reference into this Item 2.03.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.



      10.1     Amendment No. 4 dated as of December 17, 2021 to Fourth Amended and
             Restated Credit Agreement dated as of July 2, 2018 by and among
             Polaris Inc., certain of its affiliates listed on the signature pages
             thereto, the lenders listed on the signature pages thereto and U.S.
             Bank National Association, as administrative agent.

      99.1     Press Release dated December 21, 2021 of Polaris Inc.

    104      Cover Page Interactive Data File (formatted as Inline XBRL)

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