KeyCorp Free Writing Prospectus
 

Free Writing Prospectus
Filed Pursuant to Rule 433
Registration Statement No. 333-121553
September 8, 2006
     
$250 million KeyCorp Floating Rate Notes due 15 September 2009
 
   
 
Terms and Conditions
   
 
 
   
Issuer:
  KeyCorp
 
   
Type:
  Senior Medium-Term Notes, Series H
 
   
Ratings:
  A2 / A- / A (Moody's/S&P/Fitch)
 
   
Trade Date:
  September 8, 2006
 
   
Settlement Date:
  September 15, 2006 (T+5)
 
   
Maturity:
  September 15, 2009
 
   
Par Amount:
  $250,000,000
 
   
Ranking:
  Senior
 
   
Coupon:
  One-month USD LIBOR (Telerate) plus 0.11% per annum.
 
   
Public Offering Price:
  100.000%
 
   
Underwriting Discount:
  0.100%
 
   
Purchase Price to Managers:
  99.900%
 
   
Net Proceeds to KeyCorp:
  $249,750,000
 
   
Interest Determination Dates:
  Two London business days prior to each Interest Reset Date.
 
   
Interest Reset Period:
  Monthly
 
   
Interest Payment Dates:
  Monthly on the 15th day of each month, commencing on October 15, 2006.
 
   
Calculation Agent:
  KeyBank National Association
 
   
Day Count:
  Actual/360
 
   
Business Day Convention:
  Modified Following, Adjusted
 
   
Sinking Fund:
  Not applicable.
 
   
Minimum Denominations:
  $1,000
 
   
Sole Book-Running Manager:
  KeyBanc Capital Markets, a Division of McDonald Investments Inc.
 
   
CUSIP:
  49326EEA7
 
The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov.
Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling KeyBanc Capital Markets at (866) 227-6479.
     
     
     
     
Debt Capital Markets