BRIEF-Progressive Corp announces public offering of $850 mln of senior notes
April 3 Progressive Corp -
* Progressive announces public offering of $850 million of senior notes
* Pricing of $850 million aggregate principal amount of its 4.125% senior notes due 2047
* Notes were priced at 99.879% of par
* Intend to use portion of proceeds from sale of notes to redeem all 6.70% fixed-to-floating rate junior subordinated debentures due 2067 Source text for Eikon: Further company coverage: