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ZION > SEC Filings for ZION > Form 8-K/A on 28-Aug-2009All Recent SEC Filings

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Form 8-K/A for ZIONS BANCORPORATION /UT/


28-Aug-2009

Regulation FD Disclosure


Item 7.01 Regulation FD Disclosure

Zions Bancorporation is filing an amendment to the 8-K filed earlier today. The previous 8-K reported that "During the third quarter, Zions completed the offering, issuing 7,655,267 common shares at an average price of $15.53 per share, for gross proceeds of $123.5 million." The correct version reads, "During the third quarter, Zions completed the offering, issuing 7,655,267 common shares at an average price of $16.13 per share, for gross proceeds of $123.5 million."

The entire corrected text is below.

On August 27, 2009, Zions Bancorporation successfully completed its $250 million offering of new common stock, which was announced on June 1, 2009. During the second quarter, Zions issued common shares for gross proceeds of $126.5 million. During the third quarter, Zions completed the offering, issuing 7,655,267 common shares at an average price of $16.13 per share, for gross proceeds of $123.5 million. The cumulative offering totaled 16,832,925 common shares at an average price of $14.85. Net of commissions and fees, total proceeds to Zions were $245.7 million.

The registered sales took place through the previously announced common equity distribution program via Goldman, Sachs & Co., which was completed earlier than originally anticipated because of recent investor interest at current market prices.

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