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Company NameZions Bancorporation, National Association
Offering TypePreferred Equity
DescriptionVariable rate series J non-cumulative perpetual preferred stock, no par value
ISINUS989701BF32
Currency of IssueUSD
 
Announcement Date8/5/2013
Trade Date8/8/2013
Settlement Date8/13/2013
Completion Date8/8/2013
Lock-up Expiration9/7/2013
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 to pay in part the redemption price in respect of the redemption by the company of $590,000,000 of its Series C 9.50% non-cumulative perpetual preferred stock.

Pricing
Offer Price ($)1,000.00
Gross Amount Offered ($000)195,152
Amount Including Overallotment ($000)195,152
Minimum Denominations/Increments1,000/1,000
Shares Offered195,152
Total Shares Offered195,152

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

Underwriting Fees
Gross Spread ($)18.70
Gross Spread (%)1.87

UnderwritersShares UnderwrittenAmount Underwritten($000)
Book Manager(s)
  Deutsche Bank Securities Inc.83,91683,916
  Goldman Sachs & Co. LLC83,91583,915
  Macquarie Capital (USA) Inc.19,51519,515
  Zions Direct, Inc.7,8067,806

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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