Item 7.01. Regulation FD Disclosure

Pricing of Notes Offering

On February 18, 2021, Vista Outdoor Inc. ("Vista Outdoor") issued a press release announcing that it had priced its offering (the "Offering") of $500 million aggregate principal amount of senior notes due 2029 (the "Notes"), an increase of $150 million from the previously announced amount. The February 18 press release is attached as Exhibit 99.1 to this report. The Notes will be senior unsecured obligations of Vista Outdoor and will be guaranteed on a senior unsecured basis by certain of Vista Outdoor's existing and future domestic subsidiaries. The consummation of the Offering is expected to occur on March 3, subject to customary closing conditions.

Vista Outdoor intends to use the net proceeds from the offering to fund the redemption of all of its outstanding 5.875% Senior Notes due 2023 and to pay related fees and expenses, with the remaining net proceeds to be used for general corporate purposes.

The Notes have not been and will not be registered under the Securities Act of 1933, as amended (the "Securities Act"), or any state securities laws, and, unless so registered, may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. The Notes were offered and sold only to qualified institutional buyers pursuant to Rule 144A under the Securities Act and to non-U.S. persons outside the United States pursuant to Regulation S under the Securities Act.

The information contained in this Current Report on Form 8-K, including the exhibits hereto, is neither an offer to sell nor a solicitation of an offer to purchase any of the Notes or any other securities of Vista Outdoor.

The information contained in Item 7.01 of this Current Report, including Exhibit 99.1 is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act or the Exchange Act.

Cautionary Statement Regarding Forward-Looking Statements

Some of the statements made and information contained in this report, excluding historical information, are "forward-looking statements," including those that discuss, among other things: our plans, objectives, expectations, intentions, strategies, goals, outlook or other non-historical matters? projections with respect to future revenues, income, earnings per share or other financial measures for Vista Outdoor? and the assumptions that underlie these matters. The words "believe," "expect," "anticipate," "intend," "aim," "should" and similar expressions are intended to identify such forward-looking statements. To the extent that any such information is forward-looking, it is intended to fit within the safe harbor for forward looking information provided by the Private Securities Litigation Reform Act of 1995. Numerous risks, uncertainties and other factors could cause our actual results to differ materially from the expectations described in such forward-looking statements, including the following:

? impacts from the COVID-19 pandemic on our operations, the operations of our

customers and suppliers and general economic conditions?

? general economic and business conditions in the United States and our markets

outside the United States, including conditions affecting employment levels,

consumer confidence and spending, conditions in the retail environment, and

other economic conditions affecting demand for our products and the financial

health of our customers?

? our ability to attract and retain key personnel and maintain and grow our

relationships with customers, suppliers, and other business partners, including

our ability to obtain acceptable third-party licenses?





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? our ability to adapt our products to changes in technology, the marketplace and

customer preferences, including our ability to respond to shifting preferences

of the end consumer from brick and mortar retail to online retail?

? our ability to maintain and enhance brand recognition and reputation?

? others' use of social media to disseminate negative commentary about us and

boycotts?

? reductions in or unexpected changes in or our inability to accurately forecast

demand for ammunition, accessories, or other outdoor sports and recreation

products?

? risks associated with our sales to significant retail customers, including

unexpected cancellations, delays, and other changes to purchase orders?

? supplier capacity constraints, production disruptions or quality or price

issues affecting our operating costs?

? our competitive environment?

? risks associated with diversification into new international and commercial

markets, including regulatory compliance?

? changes in the current tariff structures?

? the supply, availability and costs of raw materials and components?

? increases in commodity, energy, and production costs?

? changes in laws, rules and regulations relating to our business, such as

federal and state ammunition regulations?

? our ability to realize expected benefits from acquisitions and integrate

acquired businesses?

? our ability to execute our strategic transformation plan, including our ability

to realize expected benefits from the divestiture of non-core brands and

profitability improvement initiatives?

? our ability to take advantage of growth opportunities in international and

commercial markets?

? foreign currency exchange rates and fluctuations in those rates?

? the outcome of contingencies, including with respect to litigation and other

proceedings relating to intellectual property, product liability, warranty

liability, personal injury, and environmental remediation?

? risks associated with cybersecurity and other industrial and physical security

threats?

? capital market volatility and the availability of financing?

? changes to accounting standards or policies? and

? changes in tax rules or pronouncements.

You are cautioned not to place undue reliance on any forward-looking statements we make. A more detailed description of risk factors that may affect our operating results can be found in Part 1, Item 1A, Risk Factors, of each of our Annual Report on Form 10-K for fiscal 2020, Quarterly Report on Form 10-Q for the period ended June 28, 2020, Quarterly Report on Form 10-Q for the period ended September 27, 2020, Quarterly Report on Form 10-Q for the period ended December 27, 2020 and in the filings we make with the SEC from time to time. We undertake no obligation to update any forward-looking statements, except as otherwise required by law.



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Item 9.01. Financial Statements and Exhibits.



(d) Exhibit No.  Exhibit

      99.1         Press release announcing the pricing of the Offering dated
                 February 18, 2020.

      104        Cover Page Interactive Data File (embedded within the Inline
                 XBRL document)





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