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KeyCorp 6.125% Fixed to Floating Rate Perpetual Non-Cumulative Preferred Stock

Coupon is fixed until 12/15/2026 after which the issue will float at the rate of 3 month Libor plus a spread of 3.892%.

Issue may only be redeemed on a dividend payment date

Ticker: KEY-I

Parent Ticker: KEY

OTC Grey Market Temporary Ticker: NA

Issuance Date: 12/05/2016

1st Call Date: 12/15/2026

Maturity Date: None

Shares Issued: 20,000,000

Overallotment Shares: 0

Coupon: 6.125%

Face Value: $25.00

Cumulative: No

Qualified: Yes

Quarterly Dividend Amount: 0.383

Payment Months: MAR, JUN, SEP, DEC

Payment Day: 15

S&P Rating: BB+

III Rating (In Regards to Dividend Safety Only): B

Moody Rating: Baa3

Fitch Rating: NR