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Fitch to Maintain KeyCorp and KeyBank N.A. Ratings at 'A-' and 'F1'

March 17, 2015 3:08 PM EDT

NEW YORK--(BUSINESS WIRE)-- Following the Non-Rating Action Commentary of March 9, 2015, Fitch has reviewed its previous intention to withdraw rating coverage of KeyCorp and Key Bank N.A. and opted to continue coverage until further notice.

Key's ratings were last affirmed on Oct. 7, 2014.

KeyCorp

--Long-term Issuer Default Rating (IDR) 'A-'; Outlook Stable

--Short-term IDR 'F1'

--Viability 'a-'

--Senior debt 'A-'

--Subordinated debt 'BBB+'

--Preferred stock 'BB'

--Short-term debt 'F1'

--Support '5'

--Support Floor 'NF'

Key Bank N.A.

--Long-term Issuer Default Rating (IDR) 'A-'; Outlook Stable

--Short-term IDR 'F1'

--Viability 'a-'

--Long-term deposits 'A'

--Senior debt 'A-'

--Subordinated debt 'BBB+'

--Short-term deposits 'F1'

--Preferred stock 'BB'

--Short-term debt 'F1'

--Support '5'

--Support Floor 'NF'

Key Corporate Capital, Inc.

--Long-term IDR 'A-'; Outlook Stable

--Short-term IDR 'F1'

KeyCorp Capital I-III

--Preferred Stock 'BB+'

Additional information is available at 'www.fitchratings.com'.

ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE 'WWW.FITCHRATINGS.COM'. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE. FITCH MAY HAVE PROVIDED ANOTHER PERMISSIBLE SERVICE TO THE RATED ENTITY OR ITS RELATED THIRD PARTIES. DETAILS OF THIS SERVICE FOR RATINGS FOR WHICH THE LEAD ANALYST IS BASED IN AN EU-REGISTERED ENTITY CAN BE FOUND ON THE ENTITY SUMMARY PAGE FOR THIS ISSUER ON THE FITCH WEBSITE.

Fitch Ratings
Christopher D. Wolfe
Managing Director
+1-212-908-0771
Fitch Ratings, Inc.
33 Whitehall Street
New York, NY 10004
or
Media Relations:
Alyssa Castelli, New York, +1 212-908-0540
Email: [email protected]
Elizabeth Fogerty, New York, +1 212-908-0526
Email: [email protected]

Source: Fitch Ratings



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