The Progressive Corporation Underwriting Agreement March 17, 2020Underwriting Agreement • March 26th, 2020 • Progressive Corp/Oh/ • Fire, marine & casualty insurance • New York
The Progressive Corporation, an Ohio corporation (the “Company”), proposes, subject to the terms and conditions stated herein, to issue and sell to you (the “Underwriters”) an aggregate of $500,000,000 principal amount of its 3.20% Senior Notes due 2030 (the “2030 Notes”) and $500,000,000 principal amount of its 3.95% Senior Notes due 2050 (the “2050 Notes” and together with the 2030 Notes, the “Notes”).
