PPP

Progress Software Corporation 3.5% 01-MAR-2030

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PRGS6021356 analysis



Key facts


Issue date
Mar 3, 2025
Maturity date
Mar 1, 2030
Outstanding amount
‪450.00 M‬USD
Face value
1,000.00USD
Minimum denomination
1,000.00USD
Coupon
3.50% (Fixed)
Yield to maturity
0.29%
Progress Software Corp. engages in the provision of products that develop and deploy mission-critical business applications. Its products and solutions include Chef, Corticon, DataDirect, Developer Tools, Flowmon, Kemp LoadMaster, MarkLogic, MOVEit, OpenEdge, Semaphore, ShareFile, Sitefinity & WhatsUp Gold. The company was founded by Joseph Wright Alsop, Clyde Kessel, and Charles Arthur Ziering in 1981 and is headquartered in Burlington, MA.
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