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Company NameZions Bancorporation, National Association
Offering TypeSenior Debt
Description4.000% Senior unsecured notes, due June 20, 2016
Currency of IssueUSD
Trading Symbol (Exchange)ZION3866833 (OTC)
Announcement Date6/11/2012
Trade Date6/13/2012
Settlement Date6/20/2012
Completion Date6/13/2012
Shelf Filing Date4/4/2011
Mandatory Redemption?Yes
Exchange for Existing Issue?No

Use of Proceeds
The company intends to use the net proceeds from the offering for general corporate purposes, which may include the redemption of the remaining Series D Preferred Stock held by the U.S. treasury or the redemption of company's senior floating rate notes due June 21, 2012. Pending use of the net proceeds of this offering, the company intends to invest the net proceeds in interest-bearing, investment grade securities.

Offer Price ($)97.50
Yield to Maturity (%)4.693
Treasury Spread (%)4.293
Gross Amount Offered ($000)158,448
Amount Including Overallotment ($000)158,448
Minimum Denominations/Increments1,000/1,000

Current Security RatingsCurrent Issuer Ratings

Underwriting Fees
Gross Spread ($)6.50
Gross Spread (%)0.65
Sales Concession ($)3.00
Reallowance ($)2.50

UnderwritersShares UnderwrittenAmount Underwritten($000)
Book Manager(s)
  Deutsche Bank Securities Inc.-158,448

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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