BB&T Capital Markets Serves as Co-Manager for First Quality’s $400 Million 5.00% Offering of Senior Notes due 2025
On June 20, 2017, BB&T Capital Markets served as a co-manager for an offering of $400 million 5.00% senior notes due 2025 by First Quality Finance Company.
Proceeds from the offering are being used to pay down revolver borrowings and for other general corporate purposes.
About the Companies
First Quality is a diversified family of companies that manufacture a variety of products for adult care, infant care, feminine care, consumer paper products, bottled water, and engineered non-woven roll goods. First Quality serves retail, institutional, and commercial channels throughout the world. Operationally, First Quality companies are managed independently to maintain focus on the markets they serve. In many instances, manufacturing similarities enable First Quality to develop and share manufacturing technologies and a streamlined supply chain aimed to improve efficiency, sustainability, quality, and innovation. First Quality Enterprises is headquartered in Great Neck, New York.
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.