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KeyCorp issues $1 billion in fixed-to-floating rate notes due 2032
KeyCorp has announced the issuance of $1 billion in 5.889% Fixed-to-Floating Rate Senior Medium Term Notes due November 2, 2032. The bank's financial health is rated FAIR, with its stock identified as undervalued by InvestingPro, and it boasts a 55-year record of dividend payments. This issuance follows a strong third-quarter 2026 earnings report where KeyCorp exceeded profit forecasts.
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