KeyCorp to Redeem $525 Million of Series D Preferred Stock on September 15
Filed with the SEC on · Summarized by InvestorsBot
KeyCorp announced it will redeem all 525,000 depositary shares of its Series D preferred stock on September 15, 2026. The redemption will require cash payment of $1,012.50 per depositary share, including the $1,000 liquidation preference and accumulated dividends, for an aggregate amount of approximately $531.6 million; Computershare will act as redemption agent.