S&C Advises the Underwriters in The Progressive Corporation’s SEC-Registered $500 Million Offering of Notes

August 25, 2016

The Progressive Corporation completed an SEC-registered offering of $500 million aggregate principal amount of its 2.45% notes due 2027. S&C represented the underwriters in connection with the offering.
Progressive provides personal and commercial automobile insurance, and other specialty property-casualty insurance, as well as related services throughout the United States.
The S&C team was led by Ms. Leydier. Mr. Hochberg advised on tax matters.