The BB&T Capital Markets Logistics & Transportation Services team has earned its industry leading reputation through unmatched transaction experience, insightful research coverage, in-depth industry expertise and extensive long-term relationships with executives, investors and other service providers.
Our investor conference is the industry’s largest and longest running, attracting more than 500 business leaders and investors. We are the sector’s most active equity underwriter, and our clients closed 12 M&A transactions and added 17 credit commitments in 2012 alone.
BB&T Capital Markets’ Logistics & Transportation Group completed its 4th transaction in the shipping industry in 2014, helping to raise over $480 million in total capital for our clients. We look forward to continuing our long-term partnerships with existing clients and to developing new relationships within the logistics & transportation sector. Proceeds of the $65 million offering will be used to fund installment payments due under its newbuilding program, as well as general corporate purposes and working capital. Additionally, Scorpio has granted the underwriters an option to purchase an additional $9.75 million in aggregate principal amount of notes. The Company has applied to list the senior unsecured notes on the NYSE to trade under the symbol “SLTB.”Read More
On August 14, 2014, BB&T Capital Markets served as a co-manager for a $500 million offering of senior notes due 2019. The notes bear a coupon of 7.875%. Proceeds from the offering are to be used for XPO’s acquisition of New Breed Holding Co.Read More
XPO Logistics, Inc. (NYSE: XPO) has announced the closing of a registered public offering of 15,000,000 shares of its common stock at a price of $25.00 per share. XPO has granted the underwriters in the offering a 30-day option to purchase up to an additional 2,250,000 shares of its common stock. XPO received approximately $360 million in net proceeds from the offering after underwriting discounts and estimated expenses. XPO intends to use the net proceeds of the offering, together with cash on hand, to finance the cash portion of the purchase price for its previously announced acquisition of Pacer International, Inc., to pay related fees and expenses, and for general corporate purposes, which may include strategic acquisitions and the repayment or refinancing of outstanding indebtedness.Read More
On August 5, 2013, BB&T Capital Markets served as a co-manager for a $250 million offering of 4.375% ten-year senior notes by Wabtec Corp. Proceeds from the offering are being used to repay a portion of outstanding borrowings under the company’s revolving credit facility. The transaction represents the first debt deal to which BB&T Capital Markets has been invited by Wabtec.
On December 18, 2012, Mason Wells completed the acquisition of A&R Logistics, Inc. ("A&R"), from FdG Associates. Joining Mason Wells in the acquisition are industry executives and investors Mark Holden and Rich Mitchell and members of the existing A&R management team. BB&T Capital Markets served as financial advisor to A&R.Read More
Contract Logistics, Supply Chain Services, Transportation Management, Courier Express/Delivery, Expedited, Intermodal, Freight Brokerage, Freight Forwarding, and Air Cargo
Truckload, Less-than-truckload, Bulk, Niche, and Dedicated
Class I, Short-Line Railroads, and Rail Services
International Shipping, Inland Barge, and Port Services
Collection and Processing/Disposal
Manufacturing, Distribution and Leasing