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U.S. BANCORP FILES REGISTRATION STATEMENT

 U.S. BANCORP FILES REGISTRATION STATEMENT
 PORTLAND, Ore., June 1 /PRNewswire/ -- U.S. Bancorp (NASDAQ: USBC)


today filed a registration statement with the Securities and Exchange Commission for a shelf offering of up to 12,000,000 shares of its preferred stock, without par value, to be issued in one or more series with terms to be established at the time of issuance, the company announced. U.S. Bancorp intends to use the net proceeds from the offering for general corporate purposes, including investments in, or extensions of credit to, its existing and future subsidiaries, for the acquisition of other banking and financial institutions, and repayment of outstanding borrowings.
 U.S. Bancorp is a financial services company headquartered in Portland. Assets as of March 31 were $18.6 billion. Subsidiaries include U.S. Bank of Oregon, U.S. Bank of Washington and U.S. Bank of California.
 -0- 6/1/92
 /CONTACT: Donald F. Bowler Jr. of U.S. Bancorp, 503-275-5702/
 (USBC) CO: U.S. Bancorp ST: Oregon IN: FIN SU:


SC -- SE006 -- 5885 06/01/92 16:30 EDT
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Publication:PR Newswire
Date:Jun 1, 1992
Words:180
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