KEY 424B5: SEC filing

Filed with the SEC on · accession 0001193125-26-436340

KEY filed a 424B5 (prospectus (offering)) with the SEC on Oct 28, 2026. The final terms of an offering of shares or bonds. The stock moved +0.2% by the first close after the filing.

Summary of the filing

KeyCorp priced $1 billion of 5.889% fixed-to-floating rate senior notes due 2032 under its Series U medium-term note program, with net proceeds of approximately $996.5 million before expenses.

Key details

Total principal amount of notes offered$1.0B
Underwriting discount$3.5M
Net proceeds to KeyCorp before expenses$996.5M
IssuerKeyCorp
Underwriter (affiliate)KeyBanc Capital Markets Inc.
Joint book-running managerGoldman Sachs & Co. LLC
Joint book-running managerMorgan Stanley
Joint book-running managerRBC Capital Markets

How KEY stock reacted

Close before

$21.15

Oct 27, 2026

First close after

+0.24%

$21.20

5 trading days

+0.38%

$21.23

Since filing

+1.47%

$21.46

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Frequently asked questions

What did KEY file with the SEC on Oct 28, 2026?

KEY filed a 424B5 (SEC filing). KeyCorp priced $1 billion of 5.889% fixed-to-floating rate senior notes due 2032 under its Series U medium-term note program, with net proceeds of approximately $996.5 million before expenses.

How do I read a 424B5?

The final terms of an offering of shares or bonds. Look at price, number of shares and the discount to the market price. Large offerings dilute existing shareholders.

Why are SEC filings important?

Public companies must tell the SEC about anything that can change their value — results, leadership changes, big deals, new shares, bankruptcy. Filings are the official source, often before the news. A 424B5 (prospectus (offering)): The final terms of an offering of shares or bonds.

How did KEY stock react to this filing?

KEY closed at $21.15 before the filing and $21.20 on Oct 28, 2026 (+0.24%). Five trading days later: $21.23 (+0.38%).

Other KEY SEC filings

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