The BB&T Capital Markets Financial Services Group provides community banks & thrifts, business development companies and other specialty finance companies with a full range of capabilities and services, including public and private equity and debt origination and issuance, buy- and sell-side merger & acquisition advisory, fairness opinions, valuations and other advisory services.
While much of our business is focused on middle-market clients, our extensive service platform regularly participates in transactions with some of the nation’s largest financial institutions.
BB&T Capital Markets’ Financial Services Group completed a transaction for a Business Development Company (“BDC”) in the first quarter of 2015, helping to raise $103,527,600 in gross proceeds for our client.
The company intends to use the net proceeds from this offering to fund investments in debt and equity securities in accordance with its investment objective and for other general corporate purposes. Total gross proceeds includes the full exercise of the underwriters’ over-allotment option, through which they purchased an additional 990,000 shares.
BB&T Capital Markets’ Financial Services Group completed a transaction for a Business Development Company (“BDC”) in the first quarter of 2015, helping to raise $24,420,000 in gross proceeds for our client.
The company intends to use the net proceeds from this offering to repay a portion of the outstanding balance on the Company’s revolving credit facility. The Company has granted the underwriters a 30-day option to purchase an additional 495,000 shares at the public offering price to cover over-allotments, if any.
Our group includes investment bankers involved with the industry since inception, knowledgeable retail and institutional brokers, bank lending, and industry-leading research coverage
We provide regulated financial institutions with a full suite of products and services, including equity and debt capital raising and merger and acquisition advisory, complemented by industry-leading community bank equity research and sales & trading.
Our commitment to specialty sectors includes, but is not limited to, insurance brokers, underwriters and service providers; specialty lenders; mortgage companies and financial management firms.