KEY press release
RTPR•13/11/2026•16:27 ET
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Key Highlights
- ➤KeyCorp will redeem all 20 million Series E depositary shares December 15, 2026
- ➤$500 million aggregate liquidation preference underlies the preferred stock redemption
- ➤Redemption price is $25.3828125 per depositary share, including accumulated dividends
- ➤Series E preferred stock will be delisted from the NYSE after redemption
KEYCORP PROVIDES NOTICE OF REDEMPTION OF SERIES E PREFERRED STOCK PR Newswire
CLEVELAND, Nov. 13, 2026 /PRNewswire/ -- KeyCorp (NYSE: KEY) announced today that it has provided notice of its intention to redeem all 20,000,000 depositary shares each representing a 1/40th ownership interest in a share of its issued and outstanding Series E Fixed-to-Floating Rate Perpetual Non-Cumulative Preferred Stock (NYSE: KEY PrI; CUSIP No. 493267702) (the "Preferred Stock") on December 15, 2026.
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