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Third-quarter earnings at Zions (ZION) more than tripled from a year earlier after the company bought back a series of preferred stock.
October 21 -
Zions Bancorp. in Salt Lake City has raised $87.9 million in a sale of subordinated notes.
September 13 -
Zions Bancorp. (ZION) in Salt Lake City plans to auction up to $250 million of debt through its online broker-dealer subsidiary.
September 10
Zions Bancorp (ZION) in Salt Lake City has raised $162 million in an auction of subordinated debt.
The $55.5 billion-asset company sold five-year notes on which it pays 5.65% and five-year notes at the three-month Libor spread plus 4.19%, it announced Friday. It plans to use the money for general corporate purposes, possibly including debt redemptions.
The auction was conducted through Zions Direct, the company's online broker-dealer, and Deutsche Bank (DB) Goldman Sachs (GS), Merrill Lynch, Pierce, Fenner & Smith and Macquarie Capital were the underwriters.
In the third quarter Zions