KeyBank issues $350 million of Subordinated Bank Notes

Client(s) KeyBanc Capital Markets Inc.

Jones Day represented KeyBanc Capital Markets Inc. and the other agents, in connection with KeyBank National Association’s offering of $350 million aggregate principal amount of 3.900% Subordinated Bank Notes due April 13, 2029 in a transaction exempt from registration pursuant to Section 3(a)(2) of the Securities Act of 1933.

KeyBank is a national banking association and the principal subsidiary of KeyCorp (NYSE: KEY). Key is one of the nation’s largest bank-based financial services companies with assets of approximately $140 billion. Key provides a wide range of retail and commercial banking, commercial leasing, investment management, consumer finance, commercial mortgage servicing and special servicing, and investment banking products and services to individual, corporate and institutional clients through two major business segments: Key Community Bank and Key Corporate Bank.