Polaris Inc. 6.95% 15-MAR-2029Polaris Inc. 6.95% 15-MAR-2029Polaris Inc. 6.95% 15-MAR-2029

Polaris Inc. 6.95% 15-MAR-2029

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PII5701610 analysis



Key facts


Issue date
Nov 16, 2023
Maturity date
Mar 15, 2029
Outstanding amount
‪500.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
6.95% (Fixed)
Yield to maturity
5.25%
Polaris Inc. engages in designing, engineering, and manufacturing power sports vehicles. It operates through the following segments: Off-Road, On-Road, and Marine. The Off-Road segment includes off-road vehicles (ORV) and snowmobiles. The On Road segment is involved in the design and manufacture of motorcycles, motorbikes, light duty hauling, and passenger vehicles. The Marine segment focuses on the design and manufacture of boats. The company was founded by Edgar E. Hetteen, Allan Hetten, and David Johnson in 1954 and is headquartered in Medina, MN.
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