Our staff of seven senior asset backed securities investment bankers has more than 100 years of combined experience in the asset backed market. Our investment bankers have originated and executed middle market transactions across a broad array of asset classes, including:
On September 18, 2013, BB&T Capital Markets served as a co-lead manager, bookrunner and structuring agent for a $110,625,000 offering of asset-backed notes issued by BXG Receivables Note Trust 2013-A. The notes are backed by timeshare loans originated by Bluegreen Corporation. The offering consisted of two tranches, an $89 million Class A tranche bearing a coupon of 3.01% and a $21.5 million Class B tranche, with a coupon of 4.00%. The stated maturity of both tranches is December 4, 2028; however, the average life of each tranche is 3.3 years.