The serpin plasminogen activator inhibitor 1 (PAI-1) folds into an act
ive structure and then converts slowly to a more stable, but low-activ
ity, ''latent'' conformation [Hekman, C. M., & Loskutoff, D. J. (1985)
J. Biol. Chem. 260, [11581-11587]. Thus, the folding of PAI-1 is appa
rently under kinetic control. We have determined the urea denaturation
and refolding transitions of both latent and active PAI-1 proteins by
using intrinsic tryptophan fluorescence. While folding of active PAI-
1 is reversible, the denaturation and refolding of latent PAI-1 are no
t. Instead, denatured latent PAI-1 refolds in lower concentrations of
urea to give the active protein. Thus, the high-stability latent confo
rmation is kinetically inaccessible over a range of urea concentration
s. Complete denaturation of latent PAI-1 occurs at 5.5 M urea [Delta G
(H2O) similar to 21 kcal] whereas active PAI-1 denatures in only 3.8 M
urea [Delta G(H2O) similar to 12 kcal]. The fluorescence emission pro
file, as a function of urea of both the active and latent forms of the
protein, reveals intermediates with partial structure. Circular dichr
oism measurements and limited protease digestion with Lys-C suggest th
at the intermediate in the denaturation of latent PAI-1 retains most o
f the secondary structure of the fully folded protein, whereas the int
ermediate in the denaturation of active PAI-1 exhibits significant los
s of secondary structure. The Lys-C digestion patterns show that the a
ctive protein is mon susceptible to proteolysis near sheet A than is t
he latent form. The studies suggest a model for the kinetically contro
lled folding pathway of PAI-1.