---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-153743"
form_type: "8-K"
ticker: "PGR"
cik: "0000080661"
company_name: "PROGRESSIVE CORP/OH/"
filed_at: "2023-05-25T23:59:59+00:00"
generated_at: "2026-06-14T15:17:44.666631+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Progressive issues $500M of 4.95% Senior Notes due 2033

## Summary
- $500M aggregate principal amount of 4.95% Senior Notes due June 15, 2033.
- Net proceeds estimated at $496.3M after underwriting discounts and expenses.
- Interest payable semi-annually on June 15 and Dec 15, starting Dec 15, 2023.
- Underwriting Agreement with Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC; close expected May 25, 2023.

## SEC filing metadata
- accession: 0001193125-23-153743
- form_type: 8-K
- ticker: PGR
- cik: 0000080661
- company_name: PROGRESSIVE CORP/OH/
- filed_at: 2023-05-25T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/80661/000119312523153743/0001193125-23-153743-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/80661/000119312523153743/d404889d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-153743
- JSON: https://secwatch.observer/filing/0001193125-23-153743.json
- Plain text: https://secwatch.observer/filing/0001193125-23-153743.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.