Zions Bancorporations 6.3% Fixed to Floating Non Cumulative, Perpetual Preferred Stock

By: ,

 

S&P Rating   BB   Moodys Rating   B1

Security Ticker Symbol   ZB-G

Market Traded ON   NYSE

Dividend Payment Paid on the 15th of March, June, September and December beginning on 6/15/2013

Quarterly Dividend   .3938   Annual Dividend   1.575

Fixed Rate Until 3/15/2023 then floating at a rate of 3 month Libor plus 4.24%

Securities may be redeemed, at the issuers option, as early as 03/15/2023 for a redemption price of $25/share plus accrued dividends

Dividend Payment Will Likely be a Qualified Distributions

Maturity Date   None

 

Company Investor Relations Page for Zions Bancorporation

Below you can find the offering Prospectus and Final Pricing Document

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