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BB&T Corp. sells $1.4B of medium-term notes due 2022
StreetTalk – Episode 69: Banks left with pockets full of cash and few places to go
Street Talk – Episode 69: Banks left with pockets full of cash and few places to go
Street Talk Episode 68 - As many investors zig away from bank stocks, 2 vets in the space zag toward them
Street Talk Episode 66 - Community banks tap the debt markets while the getting is good
Winston-Salem, N.C.-based BB&T Corp. issued and sold $1.35 billion of its 3.050% medium-term notes, series G (senior), due June 20, 2022.
The company also issued and sold $650 million of its 3.875% medium-term notes, series H (subordinated), due March 19, 2029.
BB&T Capital Markets, Merrill Lynch Pierce Fenner & Smith Inc., Morgan Stanley & Co. LLC and SunTrust Robinson Humphrey Inc. acted as representatives of the several underwriters for the offering.