Item 8.01 Other Events.

On August 3, 2009, KeyCorp issued a press release announcing that it has determined the final exchange ratios in connection with its previously announced offer to exchange (the "Trust Preferred Exchange Offer") KeyCorp common shares for outstanding trust preferred securities of KeyCorp Capital V, KeyCorp Capital VI, KeyCorp Capital VIII, KeyCorp Capital IX and KeyCorp Capital X. The Trust Preferred Exchange Offer expires at 11:59 p.m., New York City time, on August 4, 2009. A copy of the press release is attached to this Form 8-K as Exhibit 99.1 and is incorporated herein by reference. The press release is also being filed herewith under Rule 425 of the Securities Act of 1933, as amended.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

99.1 Press Release, dated August 3, 2009.

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