The company said it issued $1,000,000,000 in aggregate principal amount of its 6.401% Fixed-to-Floating Rate Senior Medium Term Notes, Series S, on February 28, 2024.

8-KOther EventsFiled Feb 28, 2024Period of report Feb 28, 2024Summary published (UTC) Oct 31, 2026

Key points

AI summary

The company said it issued $1,000,000,000 in aggregate principal amount of its 6.401% Fixed-to-Floating Rate Senior Medium Term Notes, Series S, on February 28, 2024.
KeyCorp said the Notes mature on March 6, 2035, and that they carry a Fixed-to-Floating Rate structure, switching from a fixed rate to a floating rate.
The company said the Notes were registered under the Securities Act of 1933 on Form S-3 (File No. 333-272573) under a registration statement.
KeyCorp said it is filing the legal opinion of Squire Patton Boggs (US) LLP on the validity of the Notes as Exhibit 5.1 to this Form 8-K in connection with the issuance and sale of the Notes.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

KeyCorp Issues $1,000,000,000 Senior Medium-Term Notes, Series S

The company said it issued $1,000,000,000 in aggregate principal amount of its 6.401% Fixed-to-Floating Rate Senior Medium Term Notes, Series S, on February 28, 2024.

Source · Based on the filing body and exhibits

Notes Mature March 6, 2035

KeyCorp said the Notes mature on March 6, 2035, and that they carry a Fixed-to-Floating Rate structure, switching from a fixed rate to a floating rate.

Source · Based on the filing body and exhibits

Form S-3 Registration and Securities Act Registration

The company said the Notes were registered under the Securities Act of 1933 on Form S-3 (File No. 333-272573) under a registration statement.

Source · Based on the filing body and exhibits

Legal Opinion Filed as Exhibit 5.1

KeyCorp said it is filing the legal opinion of Squire Patton Boggs (US) LLP on the validity of the Notes as Exhibit 5.1 to this Form 8-K in connection with the issuance and sale of the Notes.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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