Zions Bancorporation to redeem $126 million series H preferreds

By Wendy Van Sickle

Columbus, Ohio, April 30 – Zions Bancorporation plans to redeem at par value its series H (Cusip: 989701834) perpetual preferred shares during the second quarter of 2021, according to a news release.

At March 31, $126 million of the preferreds were outstanding and had an annual dividend of $7 million.

The preferreds have been eligible for redemption since June 15, 2019.

Zions Bancorporation is a bank holding company based in Salt Lake City.

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