BB&T Serves as Co-Manager for Owens Corning’s $400 Million Offering of 3.40% Senior Notes due 2026
On August 3, 2016, BB&T Capital Markets served as a co-manager for a $400 million offering of 3.40% senior notes by Owens Corning.
Proceeds from the offering are being used for general corporate purposes, including to exercise the make-whole call to redeem all of the company’s outstanding 2016 notes and to repay outstanding debt.
About the Companies
Owens Corning is a world leader in composite and building materials systems, delivering a broad range of high-quality products and services. Our products range from glass fiber used to reinforce composite materials for transportation, electronics, marine, infrastructure, wind energy and other high-performance markets to insulation and roofing for residential, commercial and industrial applications.
Commercial & Industrial
The BB&T Capital Markets Commercial & Industrial Group provides clients with industry expertise and exceptional transaction execution. We offer M&A advisory, capital raising and corporate banking services for a variety of sectors, including building products & materials; commercial & consumer durables; industrial manufacturing and distribution; and outsourced commercial and industrial 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.