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COLORADO NATIONAL BANKSHARES CALLS OUTSTANDING 11-7/8 PERCENT NOTES

 COLORADO NATIONAL BANKSHARES CALLS OUTSTANDING 11-7/8 PERCENT NOTES
 DENVER, Dec. 31 /PRNewswire/ -- Colorado National Bankshares Inc. (NASDAQ: COLC), announced today that it has called for redemption all of its outstanding 11-7/8 percent Notes due Feb. 1, 1993. The Notes will be redeemed at par on Feb. 1, 1992. A Notice of Redemption is being sent by the Trustee to the holders of the called Notes. There are currently outstanding $29,265,000 of these Notes.
 Colorado National Bankshares is a Denver-based bank holding company which owns nine commercial banks providing 24 banking offices throughout the state, as well as an insurance agency, a mortgage company and a leasing company. It is also manager and 50 percent owner of Rocky Mountain BankCard System Inc., a national credit card issuer and one of the largest processors of credit card transactions in the country.
 -0- 12/31/91
 /CONTACT: James L. Basey of Colorado National Bankshares, 303-629-1968/
 (COLC) CO: Colorado National Bankshares Inc.; Rocky Mountain BankCard System
 Inc. ST: Colorado IN: FIN SU:


MC -- DV002 -- 5900 12/31/91 13:52 EST
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Publication:PR Newswire
Date:Dec 31, 1991
Words:181
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