Zions Bancorp为2029年到期的5亿美元优先票据定价

• Zions Bancorporation (ZION) priced a $500M public offering of fixed-to-floating rate senior notes due Oct. 1, 2029.
• The transaction is expected to settle on July 31.
• The notes will pay a fixed annual interest rate of 5.239% from the settlement date through Sept. 30, 2028. Beginning Oct. 1, 2028, the coupon will reset to a floating rate equal to Compounded SOFR plus 1.08%.
• Zions has the option to redeem the notes in whole on Oct. 1, 2028, at par plus accrued interest.
• Net proceeds will be used to reduce short-term borrowings.

More on Zions Bancorporation

• Zions Bancorporation: Visa Gain, Core Loan Growth, Cheap
• Zions Bancorporation, National Association 2026 Q2 - Results - Earnings Call Presentation
• Zions Bancorporation, National Association (ZION) Q2 2026 Earnings Call Transcript
• Zions Bancorporation cut to Underperform at Evercore ISI amid funding pressures
• Zions Bancorporation Non-GAAP EPS of $1.74 beats by $0.17, revenue of $1.14B beats by $263.48M