01—Abstract
Summary
Summary of the 8-K filed November 2, 2026. Cited figures are marked; the original filing is the authoritative source.
KeyCorp (KEY) filed a Form 8-K dated November 2, 2026 to report that it issued $1,000,000,000a 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). The filing is a routine disclosure of a debt issuance under Item 8.01 (Other Events). It contains no earnings, guidance, or other operating results.
The issuance adds $1.0 billionb of senior unsecured debt with a fixed rate of 5.889% for the first period, converting to a floating rate thereafter, with a maturity date of November 2, 2032. In connection with the sale, Squire Patton Boggs (US) LLP provided a legal opinion on the validity of the Notes, filed as Exhibit 5.1, and the filing includes the cover page interactive data file as Exhibit 104.
The 8-K was signed by Andrea R. McCarthy, Assistant Secretary.
02—Key points
Key Highlights
- KeyCorp issued $1.0 billion aggregate principal amount of 5.889% Fixed-to-Floating Rate Senior Medium Term Notes, Series U, on November 2, 2026.
- The Notes mature on November 2, 2032.
- The Notes were issued under a Registration Statement on Form S-3 (File No. 333-296536).
- The filing is a debt issuance disclosure and does not report earnings or operating results.
- Squire Patton Boggs (US) LLP delivered a legal opinion on the validity of the Notes (Exhibit 5.1).
- The Notes are senior medium-term notes, so they rank as senior debt obligations of the issuer.
03—Questions
Frequently Asked Questions
What did KeyCorp issue?
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.
Under what registration were the Notes sold?
The Notes were registered under the Securities Act of 1933 pursuant to a Registration Statement on Form S-3 (File No. 333-296536) filed with the SEC.
Does this filing report KeyCorp's financial results?
No. The filing is limited to Item 8.01 (Other Events) and the issuance of the Notes. It does not include earnings, guidance, or operating results.
Who provided the legal opinion for the offering?
Squire Patton Boggs (US) LLP, as counsel, provided an opinion on the validity of the Notes, filed as Exhibit 5.1.
04—Continue