CHICAGO - Bank One Corp. said Wednesday in a filing with the Securities and Exchange Commission that it intends to sell up to $12 billion of debt securities, preferred and common stock, warrants, and depositary shares.
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In the shelf registration filing, the company said it would use the proceeds for general corporate purposes, including possible acquisitions, debt reduction, and investments at the holding company level. The nation's fifth-largest banking company also said it could use the proceeds to invest in or extend credit to its affiliates or banks and companies engaged in other financial services.
Bank One said it may temporarily invest the net proceeds.
