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Company NameZions Bancorporation
Offering TypePreferred Equity
DescriptionDepository shares representing 1/40th share of floating rate series A non-cumulative perpetual preferred stock
ISINUS98973A1043
Currency of IssueUSD
Trading Symbol (Exchange)ZB.A (NYSE)
 
Announcement Date7/24/2013
Trade Date7/30/2013
Settlement Date8/2/2013
Completion Date7/30/2013
Lock-up Expiration8/29/2013
Shelf Filing Date4/4/2011
 
Callable Security?No
Callable Date--
144a?No
Mandatory Redemption?No
Convertible?No
Exchange for Existing Issue?No

Use of Proceeds
The net proceeds from the offering will be used to pay in part the redemption price in respect of the shares of the company's series C preferred stock that called for redemption.

Pricing
Offer Price ($)21.55
Gross Amount Offered ($000)5,092
Amount Including Overallotment ($000)5,092.00
Shares Offered236,279
Total Shares Offered236,279

Current Security RatingsCurrent Issuer Ratings
Standard & Poor's Financial Services, LLCBB
Moody's CorporationBa2

Underwriting Fees
Gross Spread ($)0.63
Gross Spread (%)2.90
Sales Concession ($)0.50
Reallowance ($)0.45

UnderwritersShares UnderwrittenAmount Underwritten($000)
Book Manager(s)
  Deutsche Bank Securities Inc.82,6981,782
  Goldman Sachs & Co. LLC82,6981,782
  J.P. Morgan Securities LLC23,628509
  Keefe, Bruyette & Woods, Inc.23,628509
  Macquarie Capital (USA) Inc.11,814255
  Zions Direct, Inc.11,813255

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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