Company: KEY-PI
Filing Date: 2025-02-26
Form Type: 424B5
Source: 0001193125-25-036859
Chunk: 57

Company: KEYCORP /NEW/
Filing Date: 2025-02-26
Form: 424B5
Chunk 57
---
 referred to below, including the Officers’ Certificate and Company Order that established the Series S notes and the Series T notes, respectively. The particular terms of the notes sold under any pricing supplement will be described in that pricing supplement. Accordingly, please note that the specific terms described in the relevant pricing supplement will supplement, and may modify or replace, the terms described in this section. The general terms and conditions stated in this section will apply to each note unless the applicable pricing supplement indicates otherwise. References to interest payments and interest-related information do not apply to the zero-couponnotes defined below.

General

The Series S notes will be issued under an indenture dated as of June 10, 1994, as amended and supplemented from time to time (the
“senior indenture”), between us and Deutsche Bank Trust Company Americas (formerly Bankers Trust Company), as trustee. The Series T notes will be issued by us under an indenture dated as of June 10, 1994, as amended and supplemented
from time to time (the “subordinated indenture”), also between us and Deutsche Bank Trust Company Americas, as trustee. As permitted by the indentures, the terms of each of the Series S notes and the Series T notes will be established in
an Officers’ Certificate and Company Order pursuant to a resolution of our board of directors. We will issue each of the Series S notes and the Series T notes in multiple tranches under the respective indenture, including the Officers’
Certificate and Company Order that established such Series S notes and Series T notes. References to the senior indenture include the Officers’ Certificate and Company Order that established the Series S notes, and references to the
subordinated indenture include the Officers’ Certificate and Company Order that established such Series T notes. Forms of the indentures and each Officers’ Certificate and Company Order establishing the Series S notes and the Series T
notes, respectively, have been filed with the SEC and are incorporated by reference or included in the registration statement on Form S-3 (Registration
No. 333-272573) under the Securities Act of 1933, as amended (the “Act”), of which this prospectus supplement and the accompanying prospectus are a part. See “Where You Can Find More
Information” in the accompanying prospectus on how to obtain a copy of the indentures.

We will refer to the senior indenture and the
subordinated indenture together as the “indentures” and each as an “indenture.” The indentures