Deals 03/02/2022

Loop Capital Markets as co-manager on $1.5 billion senior unsecured notes offering for Progressive Corporation

On March 2, 2022, Loop Capital Markets served as a co-manager on a three-tranche $1.5 billion senior unsecured notes offering for Progressive Corporation. The bonds are rated A2/A across 5-, 10- and 30-year tranches.

Use of proceeds are earmarked for general corporate purposes.