BB&T Capital Markets Serves as Senior Co-Manager for Dollar General’s $500 Million 4.125% Offering of Senior Notes due 2028
On March 26, 2018, BB&T Capital Markets served as a senior co-manager for an offering of $500 million 4.125% senior notes due 2028 by Dollar General.
Proceeds from the offering are being used for repayment of outstanding commercial paper notes and for general corporate purposes.
About the Companies
Dollar General is among the largest discount retailers in the United States by number of stores, with 14,609 stores located in 44 states as of March 2, 2018, with the greatest concentration of stores in the southern, southwestern, midwestern and eastern United States. Dollar General provides a broad base of customers with their basic everyday and household needs, supplemented with a variety of general merchandise items, at everyday low prices (typically $10 or less) in conveniently located, small-box stores.
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.