| Free Writing Prospectus | Filed Pursuant to Rule 433 | |
| (To the prospectus dated April 4, 2011, as supplemented by | Registration Statement No. 333-173299 | |
| the prospectus supplement dated June 18, 2012) | October 23, 2012 |
Zions Direct Auctions—View Auction 10/23/12 11:44 AM
ABOUT PRODUCTS & SERVICES AUCTIONS BOND STORE TRADING UNIVERSITY THINK CUSTOMER SERVICE
OPEN ACCOUNT LOGIN
ZIONS DIRECT(R) AUCTIONS
1.8700.524.8875
AUCTIONS DIRECTORY ISSUERS AUCTIONS UNIVERSITY DEMOS
HOME :: AUCTION #7355
ZIONS BANCORPORATION
View Auction
Zions Bancorporation Senior Note / 7 Year Corporates
Non-redeemable prior to November 15, 2014, then callable at par on interest payment dates thereafter. | BBB- (S&P); BBB- (Fitch); and BBB(low) (DBRS).
This is a bid by Coupon auction. Please refer to the Offering Documents for more information
Auction Status: ACCEPTING BIDS Security Type: Corporate Bonds
Auction Start: 10/23/2012 1:30 PM EDT Issue Type: Primary
Auction End: 10/31/2012 1:30 PM EDT Coupon: To be determined in auction
Last Update: 10/23/2012 1:44:26 PM EDT Maturity Date: 11/15/2019
Offering Documents
Auction Details
ISSUE INFORMATION
Call Feature: Callable
First Call Date: 11/15/2014
First Call Price: 100.000000
Settlement Date: 11/5/2012
First Interest Date: 5/15/2013
Int. Accrual Date: 11/5/2012
Int. Frequency: Semi-Annually
Day Basis: 30/360
CUSIP Number: 98970EBT5
Principal Offered: $ 15,000,000.00
Units Offered: 15000
Denomination: $ 1,000.00
Bid Multiple: Multiples of 0.05
Min. Yield: 3.500%
Max. Yield: 5.000%
Fixed Price: 100.000000
BIDDING INFORMATION
Number of Bidders: 2
Number of Bids: 6
Fixed Price: 100.000000
Current Market-Clearing Yield: 5.000%
Current Yield to Maturity:%
Current Yield to Call:%
Before submitting bids in this auction you must
Register or Sign In.
Note: This page will check for updates every minute.
Zions Bancorporation has filed a registration statement (Registration Statement No. 333-173299, including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus dated April 4, 2011 contained in that registration statement, the preliminary prospectus supplement dated June 18, 2012 and other documents Zions Bancorporation has filed with the SEC for more complete information about Zions Bancorporation and this offering. You may get these documents and other documents Zions Bancorporation has filed for free by visiting EDGAR on the SEC Web site at www.sec.gov.
*The current Market-Clearing Yield/Final Auction Yield is calculated as Yield to Worst (YTW) which is the lowest yield of yield to maturity, yield to call, yield to put, or other yields when a bond is callable, puttable, exchangeable, or has other features. If a bond is called, put or exchanged before maturity, the bondholder only earns interest on the time that has elapsed between purchasing the bond and its early redemption. The resulting yield is less than what would have been earned had the bond been held until maturity.
NEWSLETTER Get market information, auction updates, new-issue alerts, and more. It’s weekly and it’s free! Email Address
Investment Products: Not FDIC Insured • No Bank Guarantee • May Lose Value
Bank Deposits and Certificates of Deposit (CDs) are FDIC Insured up to Applicable Limits
https://www.auctions.zionsdirect.com/auction/7355/summary Page 1 of 2
Zions Direct Auctions—View Auction 10/23/12 11:44 AM
Securities products and services offered by Zions Direct, Member FINRA / SIPC, a non-bank subsidiary of Zions Bank.
Affiliates of Zions Bank or other issuers may purchase CDs or securities through the auction process. The market clearing yield may be lower due to the participation of an affiliate in the auction which may benefit the affiliated issuer.
Our Affiliates:
OTHER PRODUCTS CONTACT US ABOUT US SITE MAP PRIVACY POLICY TERMS AND CONDITIONS
Please direct questions regarding the website or bidding procedures to the Auction Administrator.
You may also call our Investment Center at 800-524-8875 from 8am to Midnight Eastern Time.
Powered by GRANT STREET GROUP
Software that works(R)
Entrust
ZIONS DIRECT
Zions Direct Auctions—Bidding Qualification 10/23/12 11:45 AM
ABOUT PRODUCTS & SERVICES AUCTIONS BOND STORE TRADING UNIVERSITY THINK CUSTOMER SERVICE
OPEN ACCOUNT LOGOUT
1.800.524.8875
ZIONS DIRECT(R) AUCTIONS
AUCTIONS DIRECTORY ISSUERS AUCTIONS UNIVERSITY DEMOS MY ACCOUNT
ZDTEST :: HOME :: AUCTION #7355
Bidding Qualification
Zions Bancorporation Senior Note / 7 Year Corporates
Non-redeemable prior to November 15, 2014, then callable at par on interest payment dates thereafter. | BBB- (S&P); BBB- (Fitch); and
Please confirm your agreement with each of the following by checking the box next to each statement.
I agree that the following contact information is correct:
NAME: Test For Zions
Direct E-MAIL: auctions@zionsdirect.com
TELEPHONE: 800-524-8875
I have accessed or received the Offering Documents.
I understand that the Corporate Notes that I am bidding for are securities and are not insured by the FDIC, are not deposits of any bank and may lose value. All securities are subject to investment risks, including possible loss of the principal invested.
By participating in this auction, I declare that my investment objective(s), time horizon and risk tolerance allow for the purchase of the securities being offered. Furthermore, I authorize Zions Direct to update my investor profile, if needed, to align my profile with this purchase.
I understand that Zions Direct is committed to conducting fair, open, and transparent auctions for the benefit of all participants. Zions Direct will not tolerate or conduct business with anyone who attempts to disrupt or manipulate the process for any auction. I agree that by participating in this auction I will not be engaging in any such attempt.
I Agree I DO NOT Agree
Zions Bancorporation has filed a registration statement (Registration Statement No. 333-173299, including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus dated April 4, 2011 contained in that registration statement, the preliminary prospectus supplement dated June 18, 2012 and other documents Zions Bancorporation has filed with the SEC for more complete information about Zions Bancorporation and this offering. You may get these documents and other documents Zions Bancorporation has filed for free by visiting EDGAR on the SEC Web site at www.sec.gov.
*The current Market-Clearing Yield/Final Auction Yield is calculated as Yield to Worst (YTW) which is the lowest yield of yield to maturity, yield to call, yield to put, or other yields when a bond is callable, puttable, exchangeable, or has other features. If a bond is called, put or exchanged before maturity, the bondholder only earns interest on the time that has elapsed between purchasing the bond and its early redemption. The resulting yield is less than what would have been earned had the bond been held until maturity.
NEWSLETTER Get market information, auction updates, new-issue alerts, and more. It’s weekly and it’s free! Email Address
Investment Products: Not FDIC Insured • No Bank Guarantee • May Lose Value
Bank Deposits and Certificates of Deposit (CDs) are FDIC Insured up to Applicable Limits
Securities products and services offered by Zions Direct, Member FINRA / SIPC, a non-bank subsidiary of Zions Bank.
Affiliates of Zions Bank or other issuers may purchase CDs or securities through the auction process. The market clearing yield may be lower due to the participation of an affiliate in the auction which may benefit the affiliated issuer.
Our Affiliates:
OTHER PRODUCTS CONTACT US ABOUT US SITE MAP PRIVACY POLICY TERMS AND CONDITIONS
Please direct questions regarding the website or bidding procedures to the Auction Administrator.
You may also call our Investment Center at 800-524-8875 from 8am to Midnight Eastern Time.
https://www.auctions.zionsdirect.com/auction/7355/sign_in Page 1 of 2
Zions Direct Auctions—Bidding Qualification 10/23/12 11:45 AM
Powered by GRANT STREET GROUP
Software that works(R)
Entrust
ZIONS DIRECT
https://www.auctions.zionsdirect.com/auction/7355/sign_in Page 2 of 2
Zions Direct Auctions—Bid Page 10/23/12 11:45 AM
ABOUT PRODUCTS & SERVICES AUCTIONS BOND STORE TRADING UNIVERSITY THINK CUSTOMER SERVICE
OPEN ACCOUNT LOGOUT
1.800.524.8875
ZIONS DIRECT AUCTIONS
AUCTIONS DIRECTORY ISSUERS AUCTIONS UNIVERSITY DEMOS MY ACCOUNT
ZDTEST :: HOME :: AUCTION #7355
ZIONS CORPORATION
Bid Page
Zions Bancorporation Senior Note / 7 Year Corporates
Non-redeemable prior to November 15, 2014, then callable at par on interest payment dates thereafter. | BBB- (S&P); BBB- (Fitch); and BBB(low) (DBRS).
This is a bid by Coupon auction. Please refer to the Offering Documents for more information
Auction Status: ACCEPTING BIDS Security Type: Corporate Bonds
Auction Start: 10/23/2012 1:30 PM EDT Issue Type: Primary
Auction End: 10/31/2012 1:30 PM EDT Coupon: To be determined in auction
Last Update: 10/23/2012 1:45:42 PM EDT Maturity Date: 11/15/2019
Offering Documents
Auction Details
ISSUE INFORMATION BIDDING INFORMATION
Call Feature: Callable Number of Bidders: 2
First Call Date: 11/15/2014 Number of Bids: 6
First Call Price: 100.000000 Fixed Price: 100.000000
Settlement Date: 11/5/2012 Current Market-Clearing Yield: 5.000%
First Interest Date: 5/15/2013 Current Yield to Maturity:%
Int. Accrual Date: 11/5/2012 Current Yield to Call:%
Int. Frequency: Semi-Annually
Day Basis: 30/360
CUSIP Number: 98970EBT5
Principal Offered: $ 15,000,000.00
Units Offered: 15000
Denomination: $ 1,000.00
Bid Multiple: Multiples of 0.05
Min. Yield: 3.500%
Max. Yield: 5.000%
Fixed Price: 100.000000
ZDTEST Current Market-Clearing Yield*: 5.000%
AUCTION BIDS Units Yield YTC YTM Price Submitted “In the Money” Amount Due
1 100.000000
2 100.000000
3 100.000000
4 100.000000
5 100.000000
Bid Limit: $ 1,000,000.00 Calculate/Refresh Submit
Auction Activity Current Market-Clearing Yield*: 5.000%
https://www.auctions.zionsdirect.com/auction/7355/bidding_qualifica…_18=1&question_20=1&question_21=1&question_40=1&submitting=I+Agree Page 1 of 2
Zions Direct Auctions—Bid Page 10/23/12 11:45 AM
Potential Potential Bidder Units Yield Fixed Price Timestamp Award Amount Due
#29857 2,000 — 100.000000 10/23/2012 1:40:50 PM 2,000 units $ 2,000,000.00 #30297 250 — 100.000000 10/23/2012 1:37:07 PM 250 units $ 250,000.00 #30297 250 — 100.000000 10/23/2012 1:37:07 PM 250 units $ 250,000.00 #30297 250 — 100.000000 10/23/2012 1:37:07 PM 250 units $ 250,000.00 #30297 250 — 100.000000 10/23/2012 1:37:07 PM 250 units $ 250,000.00 #30297 500 5.000% 100.000000 10/23/2012 1:37:07 PM 500 units $ 500,000.00
Auction Totals: 3,500 units $ 3,500,000.00
Note: This page will check for updates every minute.
Zions Bancorporation has filed a registration statement (Registration Statement No. 333-173299, including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus dated April 4, 2011 contained in that registration statement, the preliminary prospectus supplement dated June 18, 2012 and other documents Zions Bancorporation has filed with the SEC for more complete information about Zions Bancorporation and this offering. You may get these documents and other documents Zions Bancorporation has filed for free by visiting EDGAR on the SEC Web site at www.sec.gov.
*The current Market-Clearing Yield/Final Auction Yield is calculated as Yield to Worst (YTW) which is the lowest yield of yield to maturity, yield to call, yield to put, or other yields when a bond is callable, puttable, exchangeable, or has other features. If a bond is called, put or exchanged before maturity, the bondholder only earns interest on the time that has elapsed between purchasing the bond and its early redemption. The resulting yield is less than what would have been earned had the bond been held until maturity.
NEWSLETTER Get market information, auction updates, new-issue alerts, and more. It’s weekly and it’s free! Email Address
Investment Products: Not FDIC Insured • No Bank Guarantee • May Lose Value
Bank Deposits and Certificates of Deposit (CDs) are FDIC Insured up to Applicable Limits
Securities products and services offered by Zions Direct, Member FINRA / SIPC, a non-bank subsidiary of Zions Bank.
Affiliates of Zions Bank or other issuers may purchase CDs or securities through the auction process. The market clearing yield may be lower due to the participation of an affiliate in the auction which may benefit the affiliated issuer.
Our Affiliates:
OTHER PRODUCTS CONTACT US ABOUT US SITE MAP PRIVACY POLICY TERMS AND CONDITIONS
Please direct questions regarding the website or bidding procedures to the Auction Administrator.
You may also call our Investment Center at 800-524-8875 from 8am to Midnight Eastern Time.
Powered by GRANT STREET GROUP
Software that works(R)
Entrust
ZIONS DIRECT
https://www.auctions.zionsdirect.com/auction/7355/bidding_qualifica…_18=1&question_20=1&question_21=1&question_40=1&submitting=I+Agree Page 2 of 2
Zions Direct Auctions—Review & Confirm Bid Submission 10/23/12 11:46 AM
ABOUT PRODUCTS & SERVICES AUCTIONS BOND STORE TRADING UNIVERSITY THINK CUSTOMER SERVICE
OPEN ACCOUNT LOGOUT
1.800.524.8875
AUCTIONS DIRECTORY ISSUERS AUCTIONS UNIVERSITY DEMOS MY ACCOUNT
ZDTEST :: HOME :: AUCTION #7355
Review & Confirm Bid Submission
Zions Bancorporation Senior Note / 7 Year Corporates
Non-redeemable prior to November 15, 2014, then callable at par on interest payment dates thereafter. | BBB- (S&P); BBB- (Fitch); and BBB(low) (DBRS).
Bidder Bid # Units @ Price Yield Max. Award Max. Amt. Due Status
ZDTEST 1 1 @ 100.000000 5.000% 1 Units $ 1,000.00 NEW
Bid Limit: $ 1,000,000.00 I understand that I could be responsible for up to $ 1,000.00 on my award.
I confirm the bids shown in the table above.
Cancel Confirm
Zions Bancorporation has filed a registration statement (Registration Statement No. 333-173299, including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus dated April 4, 2011 contained in that registration statement, the preliminary prospectus supplement dated June 18, 2012 and other documents Zions Bancorporation has filed with the SEC for more complete information about Zions Bancorporation and this offering. You may get these documents and other documents Zions Bancorporation has filed for free by visiting EDGAR on the SEC Web site at www.sec.gov.
*The current Market-Clearing Yield/Final Auction Yield is calculated as Yield to Worst (YTW) which is the lowest yield of yield to maturity, yield to call, yield to put, or other yields when a bond is callable, puttable, exchangeable, or has other features. If a bond is called, put or exchanged before maturity, the bondholder only earns interest on the time that has elapsed between purchasing the bond and its early redemption. The resulting yield is less than what would have been earned had the bond been held until maturity.
NEWSLETTER Get market information, auction updates, new-issue alerts, and more. It’s weekly and it’s free! Email Address
Investment Products: Not FDIC Insured • No Bank Guarantee • May Lose Value
Bank Deposits and Certificates of Deposit (CDs) are FDIC Insured up to Applicable Limits
Securities products and services offered by Zions Direct, Member FINRA / SIPC, a non-bank subsidiary of Zions Bank.
Affiliates of Zions Bank or other issuers may purchase CDs or securities through the auction process. The market clearing yield may be lower due to the participation of an affiliate in the auction which may benefit the affiliated issuer.
Our Affiliates:
OTHER PRODUCTS CONTACT US ABOUT US SITE MAP PRIVACY POLICY TERMS AND CONDITIONS
Please direct questions regarding the website or bidding procedures to the Auction Administrator.
You may also call our Investment Center at 800-524-8875 from 8am to Midnight Eastern Time.
Powered by GRANT STREET GROUP
Software that works(R)
Entrust
ZIONS DIRECT
https://www.auctions.zionsdirect.com/auction/7355/bid Page 1 of 1