BB&T Serves as Co-Manager for Raymond James’ $800,000,000 Senior Notes Offering
On July 7, 2016, BB&T Capital Markets served as a co-manager for an $800,000,000 offering of senior notes by Raymond James Financial, Inc. The offering consisted of two tranches: $500,000,000 3.625% senior notes due 2026 and $300,000,000 4.95% senior notes due 2046. Proceeds from the offering are being used for working capital and general corporate purposes.
About the Companies
Raymond James Financial, Inc. is a holding company whose principal subsidiary, Raymond James & Associates, is the largest full-service brokerage and investment firm headquartered in Florida, with over 350 branch and satellite offices located throughout the United States.
BB&T Capital Markets Financial Services Group has extensive experience providing community banks and thrifts, business development companies, and other specialty finance companies with a full range of public and private capital raising solutions, M&A advisory, fairness opinions and other strategic advisory services.
About BB&T Capital Markets
BB&T Capital Markets offers an integrated platform of equity and debt underwriting, M&A advisory, corporate banking, and sales and trading. Headquartered in Richmond, VA, with offices throughout the US, we have specific expertise within 10 distinct industry verticals including Automotive Aftermarket; Commercial & Industrial; Education; Energy; Financial Services; Food & Agribusiness; Healthcare; Logistics & Transportation Services; Real Estate; and Retail & Consumer. Our commitment to industry expertise, combined with our resources as one of the nation's strongest financial institutions, strategically positions BB&T Capital Markets to build lasting relationships and contribute measurably to the long-term success of our clients.