KEY-I KeyCorp ADRs of Fixed-to-Floating Rate Non-Cumulative Preferred, Series E

Dividends will be payable on a non-cumulative basis, quarterly in arrears, on the 15th day of March, June, September, and December of each year, commencing on March 15, 2017. Dividends at the fixed annual rate of 6.125% shall be paid from the original issue date to, but excluding December 15, 2026 (the “fixed rate period”); and dividends at the floating annual rate equal to three-month LIBOR (as defined herein), reset quarterly, plus 3.892%, shall be paid from, and including December 15, 2026 (the “floating rate period”). The Series E Preferred Stock may be redeemed at our option, subject to prior Federal Reserve approval, in whole or in part, on December 15, 2026, or any dividend payment date thereafter, at a redemption price equal to $25 per depositary share, plus any declared and unpaid dividends, without regard to any undeclared dividends.   This security was issued by Keycorp, whose common stock symbol is KEY.

$21.18  +0.72 (3.50%)
As of 03/27/2023 12:40:01 EST     IEX book   CBOE book

---

Security Information

---

Category1:  US Equity
Category2:  Preferred stocks
Category3:  Non-convertible
GICS sector:  Financials
Industry:  Banks-Regional
Index country:  USA
Country of incorporation:  USA
IPO date:  12/06/2016
Outstanding shares:  9,321,773
Average volume:  30,284
Market cap:   $238,264,518
Current dividend yield:  5.99%    calculation
Initial coupon rate:    6.125%
Spread to LIBOR: 0.038920
Cumulative:    No
Liquidation value:   $25.00
Callable after:   12/15/2026
Maturity date:    n/a - perpetual
Prospectus:    Read on SEC.gov
All SEC filings:     SEC Edgar Online
Quarterly filings:   10-Q
Annual filings:      10-K
Sedol:      BYQR0N5