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PRICING SUPPLEMENT NO. 4, DATED: May 11, 2000 RULE 424(b)(2)
to Prospectus Supplement Dated September 13, 1996 REGISTRATION STATEMENT NO. 333-10577
to Prospectus Dated September 13, 1996
KEYCORP
$100,000,000
[X] SENIOR MEDIUM-TERM NOTES, SERIES D
[ ] SUBORDINATED MEDIUM-TERM NOTES, SERIES C
[X] Floating Rate Notes [ ] % Fixed Rate Notes
[X] Book-Entry Notes [ ] Certificated Notes
Original Issue Date: May 15, 2000
Maturity Date: May 15, 2001
Issue Price: 99.98%
Paying Agent: Bankers Trust Company
Authenticating Agent: Bankers Trust Company
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
Length of Extension Period: [ ] Yes [X] No
Minimum Denominations: [ ] $100,000 [ ] $1,000 [X] Other: $250,000, with $50,000 increments thereafter
FIXED RATE NOTES ONLY
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Interest Computation Period:
Interest Payment Dates:
Regular Record Dates if other than May 16 and November 16:
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FLOATING RATE NOTES ONLY
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BASE RATE:
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[ ] CD Rate [ ] Treasury Rate
[ ] Commercial Paper Rate [ ] CMT Rate
[ ] Federal Funds Rate [ ] COFI Rate
[X] LIBOR [ ] Other (specify):
[ ] Prime Rate
Initial Interest Rate: 3-month LIBOR effective on Total Amount of OID: n/a
May 11, 2000 minus .02%
Yield to Maturity: n/a
Index Maturity: 3-month LIBOR Initial Accrual Period OID
and Designated Method: n/a
Interest Determination Date: Two London business days prior
to each Interest Reset Date
Spread (Plus or minus): Minus .02% Interest Reset Period: Quarterly
Interest Reset Dates: Quarterly on the 15th day of February,
May, August and November, commencing on August 15, 2000
Maximum Interest Rate: n/a Interest Payment Dates: Quarterly on the 15th day of
February, May, August and November, commencing on August
15, 2000 and ending on May 15, 2001, subject to modified
following business day convention.
Calculation Date: n/a
Minimum Interest Rate: n/a Spread Multiplier: n/a
Telerate Page: 3750
Calculation Agent: KeyBank National Association Other Terms (if any): n/a
AGENT: [ ] Salomon Smith Barney Inc. Agent's Discount or Commission: .02% ($20,000)
- ----- [ ] Chase Securities Inc.
[ ] Citicorp Securities, Inc. Trade Date: May 10, 2000
[ ] Credit Suisse First Boston Corporation
[ ] Goldman, Sachs & Co. Proceeds to KeyCorp: $99,980,000
[X] J.P. Morgan Securities Inc.
[ ] Other _________________________
[ ] 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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