WINSTON-SALEM, N.C.,
March 21, 2019 /PRNewswire/
-- BB&T Corporation (NYSE: BBT) today announced the
redemption on April 1, 2019, of
$250 million of the aggregate
principal amount of the outstanding Branch Banking and Trust
Company Floating Rate Senior Notes due May
1, 2019 (CUSIP No. 07330NAM7) (the "Notes"). The redemption
price for the Notes will be equal to 100% of the principal amount
of the Notes, plus accrued and unpaid interest thereon to, but
excluding, the redemption date of April 1,
2019.
About BB&T
BB&T is one of the largest
financial services holding companies in the U.S. with $225.7 billion in assets and market
capitalization of approximately $33.1
billion, as of Dec. 31, 2018.
Building on a long tradition of excellence in community banking,
BB&T offers a wide range of financial services including retail
and commercial banking, investments, insurance, wealth management,
asset management, mortgage, corporate banking, capital markets and
specialized lending. Based in Winston-Salem, N.C., the company operates more
than 1,800 financial centers in 15 states and Washington, D.C., and is consistently
recognized for outstanding client service by Greenwich Associates
for small business and middle market banking. More information
about BB&T and its full line of products and services is
available at BBT.com.
View original
content:http://www.prnewswire.com/news-releases/bbt-announces-redemption-of-floating-rate-senior-notes-300816595.html
SOURCE BB&T Corporation