Financing ·
KeyCorp prices $1B of 5.889% fixed-to-floating senior notes due 2032
KEYKeycorp
KeyCorp issued $1,000,000,000 aggregate principal amount of its 5.889% Fixed-to-Floating Rate Senior Medium Term Notes, Series U, due November 2, 2032. The notes were registered under the Securities Act of 1933 pursuant to a Registration Statement on Form S-3 (File No. 333-296536). A legal opinion from Squire Patton Boggs (US) LLP regarding the validity of the notes was filed as Exhibit 5.1. KeyCorp operates in the banking and financial services industry, providing commercial banking, wealth management, and asset management services.