KeyCorp Announces Redemption of Series D Preferred Stock

Details

The redemption price is set at $25,312.50 per share, which includes the liquidation preference of $25,000 per share plus accumulated and unpaid dividends and distributions through the redemption date. The redemption will be processed through the Depository Trust Company, and Computershare will act as the redemption agent.

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About KeyCorp

KeyCorp is a bank holding company headquartered in Cleveland, Ohio. Through its primary subsidiary, KeyBank National Association, the company provides a broad range of financial services to individuals, small businesses, commercial clients, and institutional customers across the United States. Its consumer banking offerings include deposit accounts, lending, mortgages, home equity products, credit cards, and student loan refinancing, while its commercial banking business serves middle-market and corporate clients with cash management, equipment financing, commercial real estate lending, and treasury services. KeyCorp also delivers wealth management, investment services, trust and custody solutions, and capital markets capabilities such as underwriting, advisory, derivatives, foreign exchange, and syndicated finance. The company plays a significant role in regional and national banking by combining branch-based banking with digital platforms and specialized advisory services.