The Progressive Corporation Underwriting AgreementUnderwriting Agreement • March 9th, 2022 • 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 the several Underwriters named in Schedule I hereto (the “Underwriters”), for whom you are acting as representatives (the “Representatives”), $500,000,000 aggregate principal amount of its 2.50% Senior Notes due 2027 (the “2027 Notes”), $500,000,000 aggregate principal amount of its 3.00% Senior Notes due 2032 (the “2032 Notes”) and $500,000,000 aggregate principal amount of its 3.70% Senior Notes due 2052 (the “2052 Notes” and together with the 2027 Notes and 2032 Notes, the “Notes”).
