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BANC ONE ANNOUNCES THE SALE OF $150 MILLION OF NOTES

 COLUMBUS, Ohio, Sept. 16 /PRNewswire/ -- Banc One Corporation (NYSE: ONE) announced today that Bank One, Arizona, NA, has sold a total of $150 million of subordinated notes through CS First Boston.
 The notes, which carry a 6.00 percent coupon, will mature on Sept. 15, 2005, and are not callable during the 12-year life. The issue was priced to the public at 99.148 to yield 6.101 percent. The notes are rated A1/AA- by Moody's Investors Service and Standard and Poor's. Settlement will be Sept. 23, 1993, with interest accruing from Sept. 15, 1993. The net proceeds of the offering will be used to supplement the bank's capital position and to provide funding for existing loans and investments.
 Banc One Corporation had assets of $75.5 billion and common equity of $6.3 billion as of June 30, 1993. Banc One now operates 78 banks with 1,320 offices in Arizona, California, Colorado, Illinois, Indiana, Kentucky, Michigan, Ohio, Texas, Utah, West Virginia and Wisconsin. Banc One Corporation also operates several additional corporations that engage in data processing, venture capital, investment and merchant banking, trust, brokerage, investment management, equipment leasing, mortgage banking, consumer finance and insurance.
 -0- 9/16/93
 /CONTACT: George R. L. Meiling, 614-248-5908, or John A. Russell, 614-248-5989, both of Banc One/
 (ONE)


CO: Banc One Corporation; Bank One, Arizona, NA ST: Ohio; Arizona IN: FIN SU:

KL-BM -- CL009 -- 2762 09/16/93 15:02 EDT
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Publication:PR Newswire
Date:Sep 16, 1993
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