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United States of America

US : Polaris Inc. - RJ Express: PII 8-K Filing Reflects Progress on Debt Reduction, Covenant Relief

    Adam Kozek
    Adam Kozek

    Sr. Res. Assoc.

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    CGS-CIMB
    20 January 2021
    Published byCGS-CIMB

    Late Tuesday, Polaris (PII, SB1) published an 8-K filing in which it disclosed a handful of amendments to its credit facility which we believe indicate both an improved balance sheet as well as greater financial flexibility. Perhaps most notably, the company indicated it paid off its incremental te