Zions Bancorp. announced Friday the results of its previously announced tender offers for its "Fixed/Floating Rate Subordinated Notes" callable on Oct. 15, 2006, and Zions Financial Corp.'s "Fixed/Floating Rate Guaranteed Notes," callable on May 15, 2006. The tender offers expired Thursday.
Zions received $197,419,000 aggregate principal amount across both series. All valid tender offers have been accepted in full, the bank stated, and payment will be made promptly on all accepted tenders.