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Company NameZions Bancorporation, National Association
Offering TypeSenior Debt
Description7.750% Senior unsecured notes, due 09/23/14
Currency of IssueUSD
Trading Symbol (Exchange)ZB.A14B (NYSE)
Announcement Date9/17/2009
Trade Date9/18/2009
Settlement Date9/23/2009
Completion Date9/18/2009
Shelf Filing Date3/31/2009
Mandatory Redemption?Yes
Exchange for Existing Issue?No

Use of Proceeds
The net proceeds of this offering will be used for the repayment of the principal amount and the accrued interest due at maturity on $295,630,000 of the floating rate senior notes and the remainder for general corporate purposes. Pending use of the net proceeds to invest in interest-bearing, investment grade securities.

Offer Price ($)86.89
Yield to Maturity (%)11.250
Treasury Spread (%)8.760
Gross Amount Offered ($000)450,000
Amount Including Overallotment ($000)450,000
Minimum Denominations/Increments1,000/1,000

Current Security RatingsCurrent Issuer Ratings

Underwriting Fees
Gross Spread ($)8.69
Gross Spread (%)0.87
Sales Concession ($)6.00
Reallowance ($)2.50

UnderwritersShares UnderwrittenAmount Underwritten($000)
Book Manager(s)
  Deutsche Bank Securities Inc.-157,500
  Goldman Sachs & Co. LLC-157,500
Non-book Lead Manager(s)
  Banc of America Securities LLC-45,000
  J.P. Morgan Securities LLC-45,000
  Zions Direct, Inc.-45,000

Issuer's CounselCallister, Nebeker & McCullough
Underwriter's CounselCleary Gottlieb Steen & Hamilton LLP
Auditor(s)Ernst & Young LLP
Clearing House(s)Clearstream Banking SA
Depository Trust Company
Euroclear Bank SA/NV

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