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Company NameZions Bancorporation
Offering TypePreferred Equity
DescriptionVariable rate series I non-cumulative perpetual preferred stock, no par value
ISINUS989701BD83
Currency of IssueUSD
 
Announcement Date5/13/2013
Trade Date5/16/2013
Settlement Date5/21/2013
Completion Date5/16/2013
Lock-up Expiration6/15/2013
Shelf Filing Date4/4/2011
 
144a?No
Mandatory Redemption?No
Convertible?No
Exchange for Existing Issue?No

Use of Proceeds
The company intends to use the net cash proceeds from this offering for general corporate purposes, which may include the redemption of certain of the company's securities.

Pricing
Offer Price ($)1,000.00
Gross Amount Offered ($000)300,893
Amount Including Overallotment ($000)300,893
Minimum Denominations/Increments1,000/1,000
Shares Offered300,893
Total Shares Offered300,893

Current Security RatingsCurrent Issuer Ratings
Fitch RatingsB+
Standard & Poor's Financial Services, LLCBB

Underwriting Fees
Gross Spread ($)17.67
Gross Spread (%)1.77

UnderwritersShares UnderwrittenAmount Underwritten($000)
Book Manager(s)
  Deutsche Bank Securities Inc.120,357120,357
  Goldman Sachs & Co. LLC90,26890,268
  Keefe, Bruyette & Woods, Inc.45,13445,134
  Macquarie Capital (USA) Inc.30,08930,089
  Zions Direct, Inc.15,04515,045

Professionals
Issuer's CounselCallister, Nebeker & McCullough
Underwriter's CounselCleary Gottlieb Steen & Hamilton LLP
Auditor(s)Ernst & Young LLP
Clearing House(s)Depository Trust Company

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