• Nationwide Presence

    Our Chicago office is the latest expansion in our coast-to-coast operations.

    Learn More>

  • Extensive Capabilities

    BB&T Capital Markets strives to build long-term relationships, delivering tailored solutions to meet your goals.

    Learn More>

  • What Our Clients Say

    “BB&T was definitely the right choice. We are thrilled with the exceptional service, advice and execution we received.”—Leslie Cedar, board chair of Longhorn Village sponsor Texas Exes, Austin, Texas

With the backing of one of the largest financial institutions in the United States, BB&T Capital Markets brings deep industry expertise and a full slate of client-focused services to middle market firms. We invite you to experience the difference we can bring to your business.

W. Rufus Yates

President and CEOBB&T Securities
  • The Southern Company

    On August 19, 2014, BB&T Capital Markets served as a co-manager for a $750 million offering of senior notes by The Southern Company. The offering consisted of a $400 million tranche of three-year notes with a coupon of 1.30%, and a $350 million tranche of five-year notes with a coupon of 2.15%. Proceeds from the offering were used to repay short-term indebtedness.

    Read More
  • XPO Logistics, Inc.

    On August 14, 2014, BB&T Capital Markets served as a co-manager for a $500 million offering of senior notes due 2019. The notes bear a coupon of 7.875%. Proceeds from the offering are to be used for XPO’s acquisition of New Breed Holding Co.

    Read More
  • Government Properties Income Trust

    On August 13, 2014, BB&T Capital Markets served as a co-manager for a $350 million offering of 3.75% Senior Notes by Government Properties Income Trust. The notes mature in 2019. Proceeds from the transaction are being used to pay down amounts remaining outstanding on a term loan and to reduce amounts outstanding under the company’s revolving credit facility.

    Read More
  • Tidewater Finance Company

    On June 13, 2014, BB&T Capital Markets closed a $150 million subprime auto loan securitization for Tidewater Finance Company (“Tidewater”). The transaction provides Tidewater with fixed-rate, term financing for its loan portfolio at a very attractive pricing level. The proceeds of the transaction will be used to pay down Tidewater’s credit line and will create additional capacity for Tidewater’s future originations. This transaction was very well received by the market and was oversubscribed due to large investor demand. This transaction represents the third securitization in which BB&T Capital Markets has served as the sole-lead bookrunner for Tidewater since 2010.

    Read More
  • Triangle Capital Corporation (NYSE: TCAP)

    BB&T Capital Markets’ Financial Services Group completed a transaction for a Business Development Company (“BDC”) in the third quarter of 2014, helping to raise $132,773,250 in gross proceeds for our client. The Company intends to use the net proceeds from this offering to make investments within its objectives and strategies and for general working capital purposes. Total gross proceeds includes the full exercise of the underwriters’ over-allotment option, through which they purchased an additional 645,000 shares.

    Read More
  • UBS AG

    On August 11, 2014, BB&T Capital Markets served as a co-manager for a $4.5 billion offering of notes by UBS AG (Stamford Branch). The offering consisted of four tranches, including a $2.5 billion offering of 2.375% Notes due 2019; a $1.25 billion offering of 1.375% Notes due 2017; a $500 million offering of floating rate notes due 2019 and a $250 million offering of floating rate notes due 2017.

  • HCP, Inc.

    On August 7, 2014, HCP, Inc. invited BB&T Capital Markets to serve as a co-manager for an $800 million offering of 3.875% Senior Notes due in 2024. Proceeds from the offering are to be used to repay amounts outstanding under HCP revolving line of credit as well as for general corporate purposes, which may include a cash contribution to HCP’s joint venture with Brookdale Senior Living, Inc.

    Read More
  • Branch Banking & Trust Company

    On August 7, 2014, BB&T Capital Markets served as a lead manager for a $750 million offering of three-year bank notes by Branch Banking & Trust Company. The notes, Series I in BB&T’s bank notes program, bear a coupon of 1.35%. This is the second bank notes offering by BB&T in 2014, after a $1.3 billion offering in February of this year

  • Citigroup

    On August 7, 2014, BB&T Capital Markets served as a junior co-manager for a $1.5 billion offering of senior notes by Citigroup. The offering consisted of two tranches, $1.25 billion of 1.55% Senior Unsecured Notes due 2017 and $250 million of floating rate notes due 2017.

  • WellPoint, Inc.

    On August 7, 2014, BB&T Capital Markets served as a co-manager for a $2.7 billion, four-tranche offering of senior notes by WellPoint, Inc. The offering consisted of $850 million of 2.25% Notes due 2019; $800 million of 3.50% Notes due 2024; $800 million of 4.65% Notes due 2044; and $250 million of 4.85% Notes due 2054.

    Read More
  • Orange Lake Country Club, Inc.

    On August 6, 2014, BB&T Capital Markets served as a co-lead manager for a $148,757,000 securitization of timeshare resort loans for Orange Lake Country Club, Inc.

    Read More
  • Aqua-Chem, Inc.

    On August 5, 2014, Aqua-Chem, Inc. (“Aqua-Chem” or the “Company”), a portfolio company of Altus Capital Partners (“Altus”), was acquired by Crimson Investment (“Crimson”). BB&T Capital Markets served as the exclusive financial advisor to Aqua-Chem.

    Read More
  • A Classified Intelligence Community Cyber Security Company

    On July 31, 2014, a Northern Virginia-based provider of high-end, cyber security, software development, and enterprise-level systems engineering services to the Intelligence Community was acquired by a market-leading, tier one strategic buyer. BB&T Capital Markets | Windsor Group served as the exclusive financial advisor to the seller. Financial terms of the transaction and the names of the parties were not disclosed at the request of the acquirer.

  • Spark Energy Inc. (NASDAQ: SPKE)

    BB&T Capital Markets Equity Origination Group completed an IPO for a retail energy services provider in the third quarter of 2014, in an equity offering worth $54,000,000. This transaction represents the sale of interest of the company’s founder and sole proprietor. The company and its underwriters utilized the ‘Up-C’ corporate structure in the execution of the IPO.

    Read More
  • Ramco-Gershenson Properties Trust (NYSE: RPT)

    BB&T Capital Markets’ Real Estate Group completed a transaction for a real estate investment trust in the third quarter of 2014, helping to raise $113,505,000 for our client. The Company intends to use net proceeds from this offering to repay debt and other general corporate purposes, including financing the planned acquisition of the Buttermilk Towne Center in Crescent Springs, Kentucky. Total gross proceeds includes the full exercise of the underwriters’ over-allotment option, through which they purchased an additional 900,000 shares.

    Read More
  • Hurd Windows and Doors

    On July 31, 2014, HWD Acquisition, Inc. (“Hurd Windows and Doors” or the “Company”), a portfolio company of Longroad Asset Management, LLC (“Longroad”), was acquired by Sierra Pacific Industries (“Sierra Pacific”). BB&T Capital Markets served as the exclusive financial advisor to Hurd Windows and Doors.

    Read More

Bruce Kelleher

Managing DirectorHead of Financial Sponsors Group
  • 11-12Feb2015

    30th Annual Transportation Services Conference

    The Biltmore, Coral Gables, Florida