KEYBANK NATIONAL ASSOCIATION ANNOUNCES REDEMPTION OF SENIOR BANK NOTES DUE JANUARY 26, 2026
Rhea-AI Summary
KeyCorp (NYSE:KEY) announced that KeyBank National Association will redeem all outstanding 4.700% Fixed Rate Senior Bank Notes due January 26, 2026 (CUSIP 49327M3G7) on December 29, 2025. The redemption price is 100% of outstanding principal plus accrued and unpaid interest to, but excluding, the redemption date.
KeyCorp reported total assets of approximately $187 billion as of September 30, 2025. The company provides banking and capital markets services through about 1,000 branches and 1,200 ATMs across 15 states.
Positive
- Redemption date set for December 29, 2025
- Redemption price at 100% of principal plus accrued interest
- Notes identified by CUSIP 49327M3G7 for clear settlement
Negative
- Senior notes carry a 4.700% fixed interest rate
- Maturity originally due January 26, 2026 (near-term liability)
News Market Reaction – KEY
In the Nov 25 session, KEY gained 2.68%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
About KeyCorp
KeyCorp's roots trace back 200 years to
Key provides deposit, lending, cash management, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of approximately 1,000 branches and approximately 1,200 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications and derivatives to middle market companies in selected industries throughout
FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as "outlook," "goal," "objective," "plan," "expect," "anticipate," "intend," "may," "project," "believe," "estimate," "potential," "contemplate," "explore," and other words of similar meaning. Forward-looking statements represent management's current expectations and forecasts regarding future events. If underlying assumptions prove to be inaccurate or unknown risks or uncertainties arise, actual results could vary materially from these projections or expectations. Factors that could cause KeyCorp's actual results to differ from those described in the forward-looking statements can be found in KeyCorp's Form 10-K for the year ended December 31, 2024, as well as in KeyCorp's subsequent filings with the Securities and Exchange Commission (SEC), all of which have been filed with the SEC and are available on KeyCorp's website (www.key.com/ir) and on the SEC's website (www.sec.gov). Forward-looking statements speak only as of the date they are made and KeyCorp does not undertake any obligation to update the forward-looking statements to reflect new information or future events.
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SOURCE KeyCorp