WINSTON-SALEM, N.C., March 21, 2019 /PRNewswire/ -- BB&T Corporation (BBT) today announced the redemption on April 1, 2019, of $250 million of the aggregate principal amount of the outstanding Branch Banking and Trust Company Floating Rate Senior Notes due May 1, 2019 (CUSIP No. 07330NAM7) (the "Notes"). The redemption price for the Notes will be equal to 100% of the principal amount of the Notes, plus accrued and unpaid interest thereon to, but excluding, the redemption date of April 1, 2019.
About BB&T
BB&T is one of the
largest financial services holding companies in the U.S. with
$225.7 billion in assets and market capitalization of
approximately $33.1 billion, as of Dec. 31,
2018. Building on a long tradition of excellence in
community banking, BB&T offers a wide range of financial
services including retail and commercial banking, investments,
insurance, wealth management, asset management, mortgage, corporate
banking, capital markets and specialized lending. Based in
Winston-Salem, N.C., the company operates more than
1,800 financial centers in 15 states and Washington,
D.C., and is consistently recognized for outstanding client
service by Greenwich Associates for small business and middle
market banking. More information about BB&T and its full line
of products and services is available at BBT.com.
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