BB&T Capital Markets Serves as Co-Manager for Flowers Foods Inc.’s $400 Million Offering of 3.50% Senior Notes due 2026
On September 23, 2016, BB&T Capital Markets served as a co-manager for a $400 million offering of 3.50% senior notes due 2026 by Flowers Foods Inc.
The net proceeds from this offering will be used for general corporate purposes.
About the Companies
Flowers Foods, Inc. produces and markets bakery products in the United States. The Direct-Store-Delivery (DSD) segment produces and markets fresh bakery foods, including fresh breads, buns, rolls, tortillas, and snack cakes. This segment offers its products under the Natures Own, Wonder, Whitewheat, Cobblestone Bread Company, Tastykake, and more brand names. The Warehouse Delivery segment produces snack cakes, breads, and rolls for national retail, foodservice, vending, and co-pack customers.
Food & Agribusiness
BB&T Capital Markets assists middle market clients across all sectors of the Food & Agribusiness industry. We have established relationships with a wide range of public and private food companies, private equity investors, and other industry participants. As full-service platform, we provide M&A advisory, equity underwriting, debt capital markets, corporate banking, sales and trading, and private capital raising services. Our nationally recognized industry expertise, combined with our best-in-class transaction execution, enables us to maximize outcomes for our corporate and private equity clients.
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.