other material
confidence high
sentiment neutral
materiality 0.50
KeyCorp to redeem all $525M Series D preferred stock on Sept 15, 2026
KEYCORP /NEW/
- Redemption of all 525,000 depositary shares of Series D preferred stock on Sept 15, 2026.
- Redemption price $25,312.50 per share ($1,012.50 per depositary share), including accumulated dividends.
- Aggregate liquidation preference of $525M; shares held in book-entry via DTC.
- Computershare serves as redemption agent; shares will cease trading after redemption.