BB&T Capital Markets Serves as Co-Manager for Commercial Metals Company’s $350 Million 5.750% Offering of Senior Notes due 2026

On May 31, 2018, C&M Conveyor, Inc. (“C&M” or the “Company”), a portfolio company of Blue Sage Capital, L.P. (“BSC”), was acquired by funds managed by CapitalWorks, L.L.C. (“CapitalWorks”). BB&T Capital Markets served as financial advisor to C&M.

On May 3, 2018, BB&T Capital Markets served as a co-manager for an offering of $300 million 4.600% senior notes due 2028 by Oshkosh Corporation.

Proceeds from the offering are being used to redeem existing indebtedness and for general corporate purposes.

On April 30, 2018, Accurate Holding, Inc. d/b/a All Integrated Solutions (“AIS” or the "Company"), a portfolio company of High Road Capital Partners (“High Road”) was acquired by MSC Industrial Direct Co., Inc. (“MSC”) for approximately $86 million. BB&T Capital Markets served as the exclusive financial advisor to High Road.

On April 19, 2018, BB&T Capital Markets served as a co-manager for an offering of $350 million 5.750% senior notes due 2026 by Commercial Metals Company.

Proceeds from the offering are being used to finance the acquisition of U.S. rebar steel mill and fabrication assets from Gerdau S.A.

On March 30, 2018, Optimus Steel, LLC (“Optimus” or the “Company”) completed its acquisition of the Beaumont, Texas mill and two downstream wire products facilities of Gerdau Ameristeel US, Inc., a division of Gerdau S.A., for $92.5 million. BB&T Capital Markets served as the exclusive financial advisor to Optimus.

On March 27, 2018, Tranzonic Intermediate Holdings, Inc. (“Tranzonic” or the “Company”), a portfolio company of Silver Oak Services Partners, was acquired by PNC Riverarch Capital. BB&T Capital Markets served as the exclusive financial advisor to Tranzonic.

On March 16, 2018, Thermo-Tech Windows & Doors, LLC (“TTW” or the "Company"), a portfolio company of Bounds Equity Partners (“BEP”) and ORIX Mezzanine & Private Equity (“OMPE”), was acquired by Harvey Building Products (“Harvey”), a portfolio company of Dunes Point Capital (“DPC”). BB&T Capital Markets served as the exclusive financial advisor to the Company.

On December 29, 2017, Thibaut, Inc. (“Thibaut” or the "Company"), a portfolio company of Champlain Capital Partners (“Champlain”) was acquired by Harbour Group (“Harbour”). BB&T Capital Markets served as the exclusive financial advisor to Champlain.

On November 29, 2017, BB&T Capital Markets served as a co-manager for an offering of $400 million 2.550% senior notes due 2020 by D.R. Horton, Inc.

Proceeds from the offering are being used for general corporate purposes, including the redemption of existing indebtedness.

On November 17, 2017, BB&T Capital Markets served as a co-manager for an offering of $600 million 3.483% senior notes due 2027 by Huntington Ingalls Industries, Inc.

Proceeds from the offering are being used to refinance existing indebtedness and for general corporate purposes.

On November 14, 2017, BB&T Capital Markets served as a co-manager for an offering of $500 million 3.500% senior notes due 2027 by Leggett & Platt, Inc.

Proceeds from the offering are being used for general corporate purposes, which will include the repayment or refinancing of existing debt.

On November 13, 2017, BB&T Capital Markets served as a co-manager for an offering of $500 million 4.375% senior notes due 2047 by Westlake Chemical Corporation.

Proceeds from the offering are being used to assist in funding the redemption of 2021 and 2023 senior notes on or after February 15, 2018 and May 15, 2018, respectively.

On November 13, 2017, BB&T Capital Markets served as a co-manager for an offering of $650 million 3.375% senior notes due 2027 by Republic Services, Inc.

Proceeds from the offering are being used to repay amounts borrowed under credit facilities and general corporate purposes.

On November 6, 2017, Ramsey Industries, LLC (“Ramsey” or the “Company”), a portfolio company of AEA Private Debt Group and Gridiron Capital, LLC, was acquired by Norwest Equity Partners. BB&T Capital Markets served as the exclusive financial advisor to Ramsey.

On September 22, 2017, JPW Industries, Inc. (“JPW” or the “Company”), a portfolio company of Tenex Capital Management (“Tenex”), was acquired by funds managed by Gamut Capital Management, L.P. (“Gamut”). BB&T Capital Markets served as financial advisor to JPW.

On August 21, 2017, BB&T Capital Markets served as a joint bookrunner on an offering of $500 million 3.375% senior notes due 2027 by WestRock Company.

Proceeds from the offering are being used to repay outstanding debt under WestRock Company’s term loans, receivables facility, and other lines of credit and for general corporate purposes.

On August 2, 2017, SIGMA International Group, Inc. (“SIGMA" or the "Company"), a portfolio company of Frontenac Company (“Frontenac”), was acquired by an investor group comprised of management and affiliates of Fairfax Financial Holdings Limited, a Canadian public company. BB&T Capital Markets served as the exclusive financial advisor to Frontenac.

On August 1, 2017, Bollinger Industries, Inc. and subsidiaries, d/b/a Alliance Sports Group (“ASG" or the "Company"), was acquired by LKCM Headwater Investments (“LKCM”). BB&T Capital Markets served as the exclusive financial advisor to ASG.

On June 1, 2017, Endries International, Inc. and certain related affiliates (collectively “Endries" or the "Company"), a subsidiary of Ferguson Enterprises, Inc. and its affiliates (collectively “Ferguson”), was acquired by Nautic Partners (“Nautic”). BB&T Capital Markets served as the exclusive financial advisor to Ferguson.

On May 19, 2017, Power Storage Solutions, LLC and subsidiaries, doing business as Storage Battery Systems (“Storage Battery Systems” or the “Company”), a portfolio company of Supply Chain Equity Partners (“Supply Chain”), was acquired by High Road Capital Partners (“High Road”). BB&T Capital Markets served as the exclusive financial advisor to Storage Battery Systems.

On May 12, 2017, Oracle Elevator Company (collectively with its parent company, OEC Holding Corp., and its subsidiaries, "Oracle" or the "Company"), a portfolio company of Incline Equity Partners (“Incline”), was acquired by L Squared Capital Partners (“L Squared”). BB&T Capital Markets served as the exclusive financial advisor to Oracle.

BB&T Capital Markets’ Diversified Industries Group completed a transaction for Kaman Corporation, an industrial company in the second quarter of 2017, helping to raise $200,000,000 in gross proceeds for our client.

Kaman Corporation intends to use the net proceeds from this offering to unwind select pre-existing hedges, and repay indebtedness including the repurchase of a portion of its convertible notes maturing in 2017. Total gross proceeds includes the exercise of the underwriters’ 30-day option to purchase additional notes to cover over-allotments.

On March 31, 2017, O2COOL, LLC (“O2COOL” or the “Company”), a portfolio company of Focus Investments, Inc. and  Waveland  Investments  LLC  (“Focus”  and  “Waveland”),  was  acquired  by  LKCM  Headwater  Investments (“LKCM”). BB&T Capital Markets served as the exclusive financial advisor to O2COOL.

BB&T Capital Markets’ Diversified Industries Group completed a transaction for Silicon Laboratories Inc. in the first quarter of 2017, helping to raise $400,000,000 in gross proceeds for our client.

Silicon Laboratories Inc., intends to use the proceeds from the offering to repay in full all amounts outstanding under its existing credit facility, and for general corporate purposes. Total gross proceeds includes the full exercise of the underwriter’s over-allotment option, through which they purchased an additional $50mm in principal notes.

BB&T Capital Markets’ Diversified Industries Group completed a transaction for Microchip Technology Inc. in the first quarter of 2017, helping to raise $2,300,000,000 in gross proceeds for our client.

The offering consists of $1.8 billion of convertible senior subordinated notes due 2027, and $500mm convertible junior subordinated notes due 2037. Microchip Technology Inc. intends to use the net proceeds of this offering to repay indebtedness and for general corporate purposes. Microchip also granted the initial purchasers of the notes a 30-day option to purchase up to an additional $270 million aggregate principal amount of the 2027 notes and an additional $75 million aggregate principal amount of the 2037 notes to cover over-allotments.

On December 1, 2016, Southern Audio Visual, Inc. (“SAV” or the “Company”), a portfolio company of Prudential Capital Partners (“Prudential”), was acquired by Audio Visual Services Group Inc. (d/b/a PSAV) (“PSAV”), a portfolio company of Olympus Partners and the Merchant Banking Division of Goldman Sachs. BB&T Capital Markets served as the exclusive financial advisor to SAV.

On November 21, 2016, Stanton Carpet Corporation ("Stanton" or the "Company"), a portfolio company of Norwest Equity Partners ("NEP"), was acquired by Quad-C Management, Inc. ("Quad-C"). BB&T Capital Markets served as the exclusive financial advisor to Stanton.

On October 31, 2016, Trademark Games Holdings, LLC (“Trademark” or the “Company”), a portfolio company of Blue Point Capital Partners (“Blue Point”), was acquired by Bertram Capital. BB&T Capital Markets served as the exclusive financial advisor to Trademark.

On October 31, 2016, Fortiline Waterworks (“Fortiline” or the “Company”), a portfolio company of CHS Capital, was acquired by MORSCO, a portfolio company of Advent International. BB&T Capital Markets served as financial advisor to Fortiline.

On October 25, 2016, BB&T Capital Markets served as a co-manager for a $350 million offering of 3.00% senior notes due 2023 by Lennox International, Inc.

Proceeds from the offering are being used for general corporate purposes.

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.

On July 28, 2016, BB&T Capital Markets served as a book-running lead manager for a $350,000,000 offering of senior notes by Eagle Materials Inc. Proceeds from the offering were used to repay a portion of the amounts outstanding under Eagle’s credit facility.

On July 26, 2016, BB&T Capital Markets served as a book-running lead manager for a $1 billion two-tranche offering of senior notes by PulteGroup, Inc.
The offering consisted of a $400 million tranche of 4.25% senior notes due 2021 and a $600 million tranche of 5.00% senior notes due 2027.

Proceeds from the offering were used to repay a portion of the amounts outstanding under PulteGroup’s term loan facility, to repay any borrowings outstanding under its revolving credit facility and for general corporate purposes.

BB&T Capital Markets’ Commercial and Industrial Group completed a transaction for a metal building systems manufacturer in the third quarter of 2016, helping to raise $167,152,500 for the selling shareholder, Clayton, Dubilier & Rice.

The Company will not receive any of the gross proceeds from the offering of these shares. Clayton, Dubilier & Rice retains 42% ownership of the Company, down from 58% before this transaction. The 10.35 million share equity offering was completed with a concurrent repurchase of 2.91 million shares by the company. Total gross proceeds includes the full exercise of the underwriters’ over-allotment option, through which they purchased 1.35 million additional shares.

On July 1, 2016, Cape Electrical Supply LLC (“Cape Electric”), a portfolio company of Svoboda Capital Partners LLC, was acquired by Graybar Electric Company, Inc. (“Graybar”). BB&T Capital Markets served as the exclusive financial advisor to Cape Electric.

On June 17, 2016, Safety Products Group LLC (“SPG” or the “Company”), a portfolio company of Gemini Investors, TMW Enterprises, and Akoya Capital, was acquired by Tractel S.A.S. (“Tractel”), a portfolio company of Cinven. BB&T Capital Markets served as the exclusive financial advisor to SPG.

On June 2, 2016, BB&T Capital Markets served as a  co-manager for a $350 million offering of senior notes by WESCO International, Inc. Proceeds from this offering are being used to repay the company’s 6.0% Convertible Senior Debentures due 2029, which are redeemable on or after September 15, 2016.

On June 1, 2016, BB&T Capital Markets served as a placement agent for a $750 million private placement of senior unsecured notes by Waste Connections, Inc. The issue consists of three tranches: $150 million of 2.39% senior notes due 2021; $200 million of 2.75% senior notes due 2023; and $400 million of senior notes due 2026.  Proceeds from the transaction are being used in conjunction with a merger transaction involving Waste Connections (formerly Progressive Waste Solutions Ltd. ("Progressive Waste")) and Waste Connections US, Inc. (formerly Waste Connections, Inc. ("Old Waste Connections")).

On May 19, 2016, BB&T Capital Markets served as a  co-manager for an $8.5 billion offering of senior notes in seven tranches by The Southern Company. The offerings consisted of $500 million 1.55% senior notes due 2018; $1 billion 1.85% senior notes due 2019; $1.5 billion 2.35% senior notes due 2021; $1.25 billion 2.95% senior notes due 2023; $1.75 billion 3.25% senior notes due 2026; $500 million 4.25% senior notes due 2036; and $2 billion 4.40% senior notes due 2046. The net proceeds from the sale of the notes will be used to pay merger consideration for The Southern Company’s acquisition of AGL Resources Inc. Any remaining amounts will be used for general corporate purposes.

On May 17, 2016, NSi Industries, Inc. (“NSi” or the “Company”), a portfolio company of Summit Park, was acquired by Blue Sea Capital (“Blue Sea”). BB&T Capital Markets served as the exclusive financial advisor to NSi.

On April 15, 2016, BB&T Capital Markets served as a co-manager for a $250 million offering of 4.25% first mortgage bonds due 2046 by Oglethorpe Power Corporation. Proceeds from the offering are being used to fund construction costs and interest rate options used to mitigate exposure to other borrowings.

On April 11, 2016, BB&T Capital Markets served as a co-manager for a $3.3 billion offering of senior notes by Lowe’s Companies, Inc. The offering consisted of $250 million of floating rate notes due 2019; $350 million of 1.15% notes due 2019; $1.35 billion of 2.50% notes due 2026 and $1.35 billion of 3.70% notes due 2046. Proceeds from the offering are being used to fund Lowe’s RONA acquisition, to repay $475MM of its 2.125% notes due 2016 and $550MM of its 5.4% notes due 2016, and for general corporate purposes.

On March 28, 2016, BB&T Capital Markets served as a co-manager for a $1 billion offering of 5.75% senior notes due 2024 by HD Supply, Inc. Proceeds from the offering were to redeem in full $1 billion of the company’s outstanding October 2012 Senior Unsecured Notes.

On February 22, 2016, BB&T Capital Markets served as a  co-manager for a $7 billion offering of floating and fixed-rate senior notes by Cisco Systems, Inc. The offering consisted of six tranches, with maturities varying from 2018 to 2026. Proceeds from the offering were used for general corporate purposes, including share repurchases, repayment of debt, acquisitions, investments, additions to working capital, cash dividends and advances to subsidiaries.

This offering represents the third bond transaction by Cisco Systems to which BB&T Capital Markets has been invited.

On February 1, 2016, major casegoods and upholstery importer and manufacturer Hooker Furniture Corporation (NASDAQ:HOFT) (“Hooker” or the “Company") completed its acquisition of substantially all of the assets and certain liabilities of Home Meridian International, Inc. (“HMI”). The acquisition more than doubled Hooker’s size and the combined entity will become one of the top five sources for the U.S. furniture market. BB&T Capital Markets served as the exclusive financial advisor to Hooker.

On January 5, 2016, Niagara Thermal Products, LLC (“Niagara” or the “Company”), a portfolio company of ShoreView Industries (“Shoreview”), was acquired by Aavid Thermalloy, LLC (“Aavid”), a portfolio company of Audax Private Equity (“Audax”). BB&T Capital Markets served as the exclusive financial advisor to Niagara.

On November 13, 2015, BB&T Capital Markets served as a co-manager for a two-tranche offering of senior notes by Qorvo Inc. The offering consisted of $450 million of 6.75% senior notes due 2023 and $550 million of 7.00% senior notes due 2025. Proceeds from the offering are being used for share repurchases and repayment of amounts outstanding under the company’s revolving credit facility.

On October 23, 2015, Colony Hardware Corporation (“Colony” or the “Company”), a portfolio company of AEA Investors (“AEA”), was acquired by Tailwind Capital (“Tailwind”). BB&T Capital Markets served as the exclusive financial advisor to Colony.