KeyCorp (KEY) 2022-4

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
USD600.000--PreferredBaa3BB+BB+FixedYLD6.375-6.50%6.20%-6.20%-25.00000
Tranche Comments
P NC 5: First Pay: 2022-12-15; Redemption: 2027-12-15; Registration: Registered; Comments: USD600m (upsized from USD200m) SEC registered $25 par non-cumulative PerpNC5 fixed rate reset pfd, 6.20% cpn. BofA (physical)/JPM/MS/WFS joint books. Back-end reset spread: T+313.2. Reset Date: 12/15/2027;
Use of Proceeds
General Corporate Purposes
Research

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