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PRICING SUPPLEMENT NO. 9, DATED: November 6,1995 RULE 424(b)(2)
to Prospectus Supplement Dated April 21, 1995 REGISTRATION STATEMENT
to Prospectus Dated April 21, 1995 NO. 33-58405
KEYCORP
$17,500,000
[ ] SENIOR MEDIUM-TERM NOTES, SERIES C
[X] SUBORDINATED MEDIUM-TERM NOTES, SERIES B
[ ] Floating Rate Notes [X] 6.86% Fixed Rate Notes
[X] Book-Entry Notes [ ] Certificated Notes
Original Issue Date: November 7, 1995
Maturity Date: November 7, 2005
Issue Price: 100%
Paying Agent: Society National Bank
<TABLE>
<S> <C> <C> <C> <C> <C>
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: [X]Yes [ ]No Specified Currency (not U.S. Dollars): [ ]Yes [X]No
- ------------------------- -------------------------------------
(100% of principal amount only) Authorized Denominations:
Repayment Date(s): On coupon dates only commencing Exchange Rate Agency:
November 7, 2000 with 10 calendar days notification
Repayment Price(s): 100%
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
</TABLE>
Minimum Denominations: [X]$1,000 [ ]Other _________
FIXED RATE NOTES ONLY
---------------------
Interest Computation Period: Semi-annual
Interest Payment Dates: 7th day of November and May
(or next New York business day), commencing
on May 7, 1996
Regular Record Dates if other than May 16 and November 16:
October 23 and April 22 each year, commencing on April 22, 1996
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<TABLE>
<CAPTION>
FLOATING RATE NOTES ONLY
------------------------
BASE RATE:
---------
<S> <C>
[ ] CD Rate [ ] Treasury Rate
[ ] Commercial Paper Rate [ ] CMT Rate
[ ] Federal Funds Rate [ ] COFI Rate
[ ] LIBOR [ ] Other (specify):________
[ ] Prime Rate
</TABLE>
<TABLE>
<S> <C>
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):
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
AGENT: __X___ Salomon Brothers Inc Agent's Discount or Commission: -0-
- -----
______ CS First Boston Corporation Trade Date: November 2, 1995
______ Goldman, Sachs & Co Proceeds to KeyCorp: $17,500,000
______J.P. Morgan Securities Inc.
</TABLE>
______ 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
-2-
prisupc9
