KeyBank issues $1.0 billion of Senior Bank Notes

Client(s) KeyBanc Capital Markets Inc.; Goldman Sachs & Co. LLC; J.P. Morgan Securities LLC; Morgan Stanley & Co. LLC; Merrill Lynch, Pierce, Fenner & Smith Incorporated; RBC Capital Markets, LLC; Academy Securities, Inc.; and Blaylock Van, LLC

Jones Day represented KeyBanc Capital Markets Inc. and the other agents, in connection with KeyBank National Association’s (“KeyBank”) offering of $400 million aggregate principal amount of Floating Rate Senior Bank Notes due February 1, 2022 and $600 million aggregate principal amount of 3.300% Senior Bank Notes due February 1, 2022 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”). Key is one of the nation’s largest bank-based financial services companies with assets of approximately $138 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.