BB&T Capital Markets Serves as Joint-Bookrunner for Branch Banking & Trust Company’s $1.35 Billion Fixed and Floating Rate Senior Notes due 2022
On March 16, 2017, BB&T Capital Markets served as a joint-bookrunner for an offering of $1.35 billion fixed and floating rate senior notes due 2022 by Branch Banking & Trust Company.
Proceeds from the offering are being used for general corporate purposes.
About the Companies
BB&T Corporation operates as a financial holding company that provides various banking and trust services for small and mid-size businesses, public agencies, local governments, and individuals. It operates in six segments: Community Banking, Residential Mortgage Banking, Dealer Financial Services, Specialized Lending, Insurance Services, and Financial Services. BB&T Corporation also provides various funding services, capital markets, institutional trust, insurance premium finance, international banking, private equity investments, real estate lending, and supply chain management services. The company was founded in 1872 and is headquartered in Winston-Salem, North Carolina.
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.