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Published on 11/9/2023 in the Prospect News Bank Loan Daily and Prospect News Investment Grade Daily.

Fitch rates Polaris notes BBB

Fitch Ratings said it assigned a BBB rating to Polaris, Inc.'s planned sale of $500 million of 6% senior unsecured notes.

The rating is aligned with the company’s BBB issuer default rating.

Polaris plans to use the proceeds for general corporate purposes, including repayment of certain debt under the company's credit agreement.

The outlook is stable.


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