trending Market Intelligence /marketintelligence/en/news-insights/trending/ihkj5bb8qwefbg_kxtzvqa2 content esgSubNav
Discover more about S&P Global’s offerings
In This List

Progressive prices $550M senior note offering
Blog

Perspectives from China: The Shifting Regulatory Landscape

Blog

Anticipate the Unknown: Does Supply Chain Disruption Lead to Increased Credit Risk?

Blog

Data Stories: Data insights to help alleviate business complexity amid geopolitical risks

Podcast

Street Talk | Episode 90: Banks should not wait on the Fed to put cash to work


Progressive prices $550M senior note offering

Progressive Corp. has priced an underwritten public offering of $550 million of its 4.00% senior unsecured fixed-rate notes due March 1, 2029.

The notes were priced at 99.828% of principal amount. The trade date is Oct. 18, and the settlement date is Oct. 23.

Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC are acting as joint book runners for the offering. The co-managers are Credit Suisse Securities (USA) LLC, Merrill Lynch Pierce Fenner & Smith Inc. and Morgan Stanley & Co. LLC.