With a national sales platform and bankers with expertise in 11 key industries, BB&T Capital Markets is strongly positioned to deliver premium fixed-income execution to its large and middle market clients.
Backed by our substantial credit research and a broad array of corporate and investment banking tools, we can tailor offerings to address your specific needs in light of prevailing conditions in the capital markets and in your industry sector.
Depending on your needs, our fixed income products can include:
We offer nationwide coverage of the public debt markets as well as the 144a market. In addition, we manage non-144a private placements.
BB&T Capital Markets’ Financial Services Group completed a transaction for a Business Development Company (“BDC”) in the third quarter of 2014, helping to raise $100,000,000 in gross proceeds for our client. The Company intends to list the fixed-rate, senior notes (“Notes”) on the NYSE to trade under the symbol “HTGX.” The Company intends to use the net proceeds from this offering to fund investments in debt and equity securities in accordance with investment objectives and for general corporate purposes.Read More
BB&T Capital Markets’ Financial Services Group completed a transaction for a Business Development Company (“BDC”) in the second quarter of 2014, helping to raise $113,437,500 in gross proceeds for our client. The fixed-rate, senior notes (“Notes”) have been approved for listing on the NYSE and will trade under the symbol “CLA.” The Company intends to use the net proceeds from this offering to make investments within its objectives and strategies and for general working capital purposes. Total gross proceeds includes the partial exercise of the underwriters’ over-allotment option, through which they purchased an additional 537,500 Notes.Read More
On May 20, 2014, BB&T Capital Markets served as a co-manager for a $750 million offering of senior unsecured notes by the Cimarex Energy Company. The 4.375% notes mature on June 1, 2024. Net proceeds from the sale will be used to repay in full amounts outstanding under Cimarex’s revolving credit facility and for general corporate purposes. The transaction represents the second debt offering to which Cimarex has invited BB&T Capital Markets.Read More
On May 19, 2014, BB&T Capital Markets served as a bookrunning lead manager for a $300 million offering of senior notes by Highwoods Realty L.P., the operating partnership of Highwoods Properties, Inc. The senior unsecured notes mature on June 15, 2021 and were priced with a coupon of 3.2 percent. Net proceeds from the sale will be used to reduce amounts outstanding under Highwoods’ $475 million revolving credit facility and for general corporate purposes. The transaction represents the third bond offering since 2007 to which Highwoods has invited BB&T Capital Markets, and the first bookrunning lead mandate.Read More