Zions may raise $250 mil. through stock sale

September 2009
Enterprise/Salt Lake City;9/21/2009, Vol. 39 Issue 13, p3
The article reports on the stock sale planned by Zions Bancorp to augment its capital and liquidity. The bank holding company said it is anticipating the issuance of as much as 25 million U.S. dollars through or to Goldman Sachs & Co. It has also began an offering of senior unsecured notes in an underwritten public transaction. Concerns about the company's liquidity were raised during its filing with the U.S. Securities & Exchange Commission in August 2009.


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