Progressive prices $1.5 billion senior notes offering
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Progressive Prices $1.5 Billion of Senior Notes
March 23, 2026 10:06 PM EDTMAYFIELD VILLAGE, OHIO, March 23, 2026 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE: PGR) today announced the pricing of $500 million aggregate principal amount of its 4.60% Senior Notes due 2031 (the 2031 notes) and $1 billion aggregate principal amount of its 5.15% Senior Notes due 2036 (the 2036 notes, together with the 2031 notes, the notes) in an underwritten public offering. The 2031 notes were priced at 99.987% of par and the 2036 notes were priced at 99.676% of par. Goldman Sachs & Co. LLC and TD Securities (USA) LLC are acting as joint bookrunners for... More
