Investment Banking

With a relentless focus on the middle market, BB&T Capital Markets combines industry expertise with superior transaction execution capabilities to achieve extraordinary outcomes for our clients.  

Our investment banking professionals work in cohesive teams to bring you a full spectrum of financial services.  With BB&T Capital Markets you get a relationship-driven approach to providing the right solutions for your needs.  We offer a full range of investment banking services—equity originations; public and private placements of debt; asset securitizations; mergers and acquisitions—along with direct lending capabilities, nationally recognized equity research, and access to specialty services such as insurance, supply chain finance, equipment finance, executive wealth management and treasury management.

Our broad approach brings results. In 2012 alone, our 70-plus investment bankers, arrayed in industry-focused and transaction specialty teams, were able to bring our clients:

  • More than $15 billion in equity capital raised as managing underwriter
  • More than $45 billion in debt capital via public and private bond issuance
  • 28 M&A deals closed—among the more than 200 we have done since 2006


Our bankers can handle clients from any field, but we have particular expertise in these sectors: Aerospace, Defense & Government Services; Automotive Aftermarket; Commercial & Industrial; Retail & Consumer; Education & Cultural Facilities; Energy; Financial Services; Financial Sponsors; Food & Agribusiness; Healthcare; Logistics & Transportation; and Real Estate.

 

Our industry expertise and superior transaction execution—from equity and debt origination to M&A advisory to structured lending—makes us a powerful ally

  • TPC Wire & Cable Corp.

    On May 14, 2015, TPC Wire & Cable Corp. (“TPC”), a portfolio company of Pfingsten Partners (“Pfingsten”), was acquired by Audax Private Equity in partnership with TPC management. BB&T Capital Markets served as advisor to TPC.

    

    Read More
  • Summit Midstream Partners, L.P. (NYSE: SMLP)

    BB&T Capital Markets Energy Group completed a transaction for a natural gas midstream MLP in the second quarter of 2015, in an equity offering worth $199,875,000.

    The Partnership intends to use the net proceeds from the offering to fund the acquisition of Polar Midstream, LLC and Epping Transmission Company, LLC, as well as general partnership purposes. In connection with the offering, Summit Midstream Partners has granted the underwriters a 30-day option to purchase up to 975,000 additional common units.

     

    

    Read More
  • North Mill Equipment Finance, LLC

    On May 7, 2015, BB&T Capital Markets served as the sole lead manager for a $121,955,000 issue of equipment receivables-backed notes by North Mill Equipment Finance, LLC, through NMEF Funding 2015-A, LLC, in two tranches, rated “A (sf)” and “BBB (sf)” by Kroll Bond Rating Agency. 

    

    Read More
  • Ryder System, Inc. (NYSE: R)

    On May 4, 2015, BB&T Capital Markets served as a co-manager for a $300 million offering of 2.50% senior unsecured notes due in 2020 by Ryder System, Inc. Proceeds from the offering were used for general corporate purposes.

    

    Read More
  • Echo Global Logistics, Inc. (NASDAQ GS: ECHO)

    BB&T Capital Markets’ Logistics & Transportation Group completed a transaction for a leading U.S. logistics services provider in the second quarter of 2015, helping to raise $145 million for our client.

    The Company intends to use the net proceeds from this offering along with a concurrent convertible notes offering to finance the acquisition of Command Transportation, LLC. The Company has granted the underwriters a 30-day option to purchase an additional 750,000 shares at the public offering price to cover over-allotments, if any.

    

    Read More
  • Wells Fargo & Company (NYSE: WFC)

    On April 23, 2015, BB&T Capital Markets served as a senior co-manager for a $2 billion offering of 3.90% medium-term notes due in 2045 by Wells Fargo & Company. Proceeds from the offering were used for general corporate purposes.

    

    Read More
  • Citigroup Inc. (NYSE: C)

    On April 20, 2015, BB&T Capital Markets served as a co-manager for a $2 billion offering of 5.95% fixed-to-floating rate non-cumulative preferred stock by Citigroup. Proceeds from the offering were used for general corporate purposes.

    

    Read More
  • Morgan Stanley (NYSE: MS)

    On April 20, 2015, BB&T Capital Markets served as a co-manager for a $2 billion offering of 3.95% subordinated notes due 2027 by Morgan Stanley. Proceeds from the offering were used for general corporate purposes.

    

    Read More
  • The Goldman Sachs Group, Inc. (NYSE: GS)

    On April 16, 2015, BB&T Capital Markets served as a co-manager for a $2 billion offering of 5.375% fixed-to-floating rate non-cumulative preferred stock by The Goldman Sachs Group, Inc. Proceeds from the offering were used for general corporate purposes.

    

    Read More
  • Monroe Capital Corporation (NASDAQ GS: MRCC)

    BB&T Capital Markets’ Financial Services Group completed a transaction for a Business Development Company (“BDC”) in the first quarter of 2015, helping to raise $36,382,500 in gross proceeds for our client.

    The company intends to use the net proceeds from this offering to repay indebtedness, to invest in portfolio companies in accordance with its investment objective and for other general corporate purposes. The Company has granted the underwriters a 30-day option to purchase an additional 367,500 shares at the public offering price to cover over-allotments, if any.

    

    Read More
  • Healthcare Realty Trust (NYSE: HR)

    On April 15, 2015, BB&T Capital Markets served as a co-manager for Healthcare Realty Trust’s $250 million offering of 3.875% senior notes due 2025. 

    Proceeds from the offering are being used to redeem the Company’s existing 6.50% senior notes due 2017.

    

    Read More
  • JPMorgan Chase & Co. (NYSE: JPM)

    On April 14, 2015, BB&T Capital Markets served as a co-manager for J.P. Morgan’s $2 billion offering of 5.3% fixed-to-floating rate non-cumulative perpetual preferred stock, Series Z. 

    

    Read More
  • Alabama Power Company

    Alabama Power Company is a wholly owned subsidiary of the Southern Company. Alabama Power generates, buys, transmits and sells electricity. The company serves retail customers to homes, businesses and industries in southern Alabama.

    

    Read More
  • Endeavor Energy Resources, L.P.

    BB&T Capital Markets served as a co-manager for a $300 million offering of 8.125% senior notes due 2023 by Endeavor Energy Resources, L.P. The notes were co-offered by EER Finance, Inc. Proceeds from the offering are being used to repay indebtedness under Endeavor’s revolving credit facility.

    

    Read More
  • Atlas Preparatory School

    On April 1, 2015, BB&T Capital Markets closed a $12,190,000 tax-exempt fixed rate bond offering for Atlas Preparatory Academy ("Atlas" or the "School") through the Colorado Educational and Cultural Facilities Authority. The primary purpose of the Series 2015 Bonds was to acquire and renovate the School's existing high school facilities, refinance the loan secured by the middle school facilities, and provide the expansion of athletic fields. Bond proceeds also provided funds for a debt service reserve fund, capitalized interest and costs of issuance.

    Read More
  • Connect-Air International, Inc.

    On April 1, 2015, Connect-Air International, Inc. (“Connect-Air” or the “Company”), a portfolio company of Wincove Capital (“Wincove”), was acquired by EIS, Inc. (“EIS”), a wholly-owned subsidiary of Genuine Parts Company (“GPC”). BB&T Capital Markets served as the exclusive financial advisor to Connect-Air.

    

    Read More
William E. HardySenior Managing DirectorHead of Debt Capital Markets804-649-3952 email Download My vCard View Bio
Jake SavageSenior Managing DirectorCo-Head Equity Investment Banking804-780-3230 email Download My vCard View Bio
William L. TysonSenior Managing DirectorCo-Head of Equity Investment Banking804-782-8774 email Download My vCard View Bio