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BB&T plans to price fixed-, floating-rate medium-term notes
By Lisa Kerner
Charlotte, N.C., May 5 – BB&T Corp. is set to price fixed- and floating-rate medium-term notes, series E, due 2021, according to a 424B3 filed with the Securities and Exchange Commission.
BB&T Capital Markets, Deutsche Bank Securities, Inc., Goldman Sachs & Co. and Wells Fargo Securities LLC are the joint bookrunners.
Proceeds will be used for general corporate purposes, which may include acquisitions, share repurchases, debt repayment or extending credit to, or funding investments in, subsidiaries.
The bank and financial services company is based in Winston-Salem, N.C.
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