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PRICING SUPPLEMENT NO. 9, DATED: December 22, 1994 RULE 424(b)(5)
to Prospectus Supplement Dated August 10, 1994 REGISTRATION STATEMENT NO. 33-53643
to Prospectus Dated August 10, 1994
KEYCORP
$40,000,000
/x/ SENIOR MEDIUM-TERM NOTES, SERIES B
/ / SUBORDINATED MEDIUM-TERM NOTES, SERIES A
/ / Floating Rate Notes /x/ 8.20% Fixed Rate Notes
/X/ Book-Entry Notes / / Certificated Notes
Original Issue Date: December 30, 1994
Maturity Date: December 30, 1996
Issue Price: 99.957%
Paying Agent: Society National Bank
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OPTION TO ELECT REDEMPTION: / / Yes /x/ No OPTION TO EXTEND MATURITY: / / Yes /x/ No
Redemption Date(s) Extended Maturity Dates:
Initial Redemption Percentage: Notice of Extension Date(s):
Annual Redemption Percentage Reduction:
OPTION TO ELECT REPAYMENT: / / Yes /x/ No SPECIFIED CURRENCY (NOT U.S. DOLLARS): / / Yes /x/ No
Repayment Date(s): Authorized Denominations:
Repayment Price(s): Exchange Rate Agency:
Repurchase Price (if any): Optional Interest Rate Reset: / / Yes /x/ No
Amortization Schedule (if any): Optional Interest Rate Reset Dates: / / Yes /x/ No
Sinking Fund Defeasance: / / Yes /x/ No Optional Extension of Maturity: / / Yes /x/ No
Covenant Defeasance: / / Yes /x/ No Length of Extension Period: / / Yes /x/ No
Minimum Denominations: /x/ $1,000 / / Other _________
FIXED RATE NOTES ONLY
Interest Computation Period: Semi-annual
Interest Payment Dates: June 1 and December 1 each year
Regular Record Dates if other than May 16 and November 16:
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FLOATING RATE NOTES ONLY
BASE RATE:
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/ / CD Rate / / Treasury Rate
/ / Commercial Paper Rate / / CMT Rate
/ / Federal Funds Rate / / COFI Rate
/ / LIBOR / / Other (specify):________
/ / Prime Rate
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Initial Interest Rate: Total Amount of OID:
Yield to Maturity:
Index Maturity: Initial Accrual Period OID
and Designated Method:
Spread (Plus or minus): Interest Determination Date:
Interest Reset Period:
Maximum Interest Rate: Interest Reset Dates:
Interest Payment Dates:
Minimum Interest Rate: Calculation Date:
Spread Multiplier:
Calculation Agent: Telerate Page:
Other Terms (if any):
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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AGENT: ______ CS First Boston Corporation Agent's Discount or Commission: .043% ($17,200)
______ Goldman, Sachs & Co. Trade Date: December 22, 1994
______ Kidder, Peabody & Co. Incorporated Proceeds to KeyCorp: $39,982,800
______ J.P. Morgan Securities
__X__ Salomon Brothers Inc.
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______ Acting as Agent ______ Agent is acting as Agent for the sale of Notes by KeyCorp at a price of ____% of the principal
amount
__X__ Acting as Principal __X__ Agent is purchasing Notes from KeyCorp as Principal for resale to investors and other
purchasers at:
______ a fixed public offering price of ______% of the Principal amount
__X___ varying prices related to prevailing market prices at the time of resale to be determined
by such Agent
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