BB&T Capital Markets’ Real Estate Group completed a transaction for a real estate investment trust in the second quarter of 2018, helping to raise $650,000,000 for our client.

The Company intends to use the net proceeds of the offering to reduce indebtedness and general corporate purposes.

BB&T Capital Markets’ Real Estate Group completed a transaction for a real estate investment trust in the second quarter of 2018, helping to raise $900,000,000 for our client.

The Company intends to use the net proceeds of the offering to fund eligible green projects, including the development and redevelopment of such projects, reduce indebtedness, and for general corporate purposes.

BB&T Capital Markets’ Real Estate Group completed a transaction for a real estate investment trust in the second quarter of 2018, helping to raise $700,000,000 for our client.

The Company intends to use the net proceeds of the offering to reduce indebtedness and for general corporate purposes. 

On May 31, 2018, C&M Conveyor, Inc. (“C&M” or the “Company”), a portfolio company of Blue Sage Capital, L.P. (“BSC”), was acquired by funds managed by CapitalWorks, L.L.C. (“CapitalWorks”). BB&T Capital Markets served as financial advisor to C&M.

On May 11, 2018, BB&T Capital Markets served as a co-manager for an offering of $500 million Floating Rate Senior Notes due 2021 by Duke Energy Corporation.

Proceeds from the offering will be used to repay outstanding debt.

BB&T Capital Markets’ Energy Group completed a transaction for DCP Midstream L.P, a midstream energy company in the second quarter of 2018, helping to raise $150,000,000 in gross proceeds for our client.

DCP Midstream L.P, intends to use the net proceeds from this offering for general corporate purposes including capital expenditures and to repay outstanding debt.

BB&T Capital Markets’ Real Estate Group completed a transaction for a real estate investment trust in the second quarter of 2018, helping to raise $400,000,000 for our client.

The Company intends to use the net proceeds of the offering to partially repay their revolving credit facility and for general business purposes, including debt repayment and the purchase, development and redevelopment of apartment communities.

On May 3, 2018, BB&T Capital Markets served as a co-manager for an offering of $800 million 3.950% senior notes due 2028 by Republic Services, Inc.

Proceeds from the offering are being used to repay existing indebtedness and for general corporate purposes.

On May 3, 2018, BB&T Capital Markets served as a co-manager for an offering of $300 million 4.600% senior notes due 2028 by Oshkosh Corporation.

Proceeds from the offering are being used to redeem existing indebtedness and for general corporate purposes.

On April 26, 2018, BB&T Capital Markets served as a co-manager for a three-tranche offering of $500 million 4.246% senior notes, $600 million 4.682% senior notes due 2038, and $400 million 4.832% senior notes due 2048 by Sabal Trail Transmission, LLC.

Proceeds from the offering are being used to fund a sponsor distribution.

On April 30, 2018, BB&T Capital Markets served as a co-manager for an offering of $400 million 6.25% Senior Notes due 2026 by Oasis Petroleum Inc.

Proceeds from the offering will be used to repay outstanding debt.

On April 30, 2018, Accurate Holding, Inc. d/b/a All Integrated Solutions (“AIS” or the "Company"), a portfolio company of High Road Capital Partners (“High Road”) was acquired by MSC Industrial Direct Co., Inc. (“MSC”) for approximately $86 million. BB&T Capital Markets served as the exclusive financial advisor to High Road.

On April 19, 2018, BB&T Capital Markets served as a co-manager for an offering of $350 million 5.750% senior notes due 2026 by Commercial Metals Company.

Proceeds from the offering are being used to finance the acquisition of U.S. rebar steel mill and fabrication assets from Gerdau S.A.

BB&T Capital Markets’ Financial Services Group, serving as a lead manager, completed an unsecured notes “baby bond” offering for Eagle Point Credit Company in the second quarter of 2018. The underwriters helped to raise $60,000,000 in gross proceeds for our client. The Company has applied for the notes to trade on the NYSE, under the symbol “ECCX”.

ECC intends to use the net proceeds from this transaction to redeem the Company’s unsecured notes due 2020, to acquire investments according to the Company’s investment objectives and strategies, to make distributions, and for general corporate purposes. The Company has granted the underwriters a 30-day option to purchase additional notes in an aggregate principal amount of $9,000,000 to cover over-allotments.

On April 2nd, 2018, MXD Group (“MXD” or the “Company”), a portfolio company of Platinum Equity (“Platinum”), was acquired by Ryder System, Inc. (“Ryder”) for approximately $120 million. The acquisition strengthens Ryder’s omni-channel fulfillment capabilities, establishing it as the second largest last mile delivery provider of big and bulky goods. BB&T Capital Markets served as the exclusive financial advisor to MXD.

“As many industries continue to be disrupted by the growth of e-commerce, Ryder remains at the forefront of helping our customers find new solutions,” said Robert Sanchez, Ryder Chairman & CEO. Terry Solvedt, Chief Executive Officer of MXD, noted: “We wanted to ensure we had the best possible advisor for this transaction. The selection of BB&T proved invaluable throughout the entire process. BB&T brought industry expertise as well as practical and thoughtful advice. Their work effort was greatly appreciated. And, thanks in large part to their extraordinary efforts, the transaction outcome was highly successful.”

Link to Ryder Press Release

Link to interview with Ryder CEO, Robert Sanchez, on CNBC