WINSTON-SALEM,
N.C., Dec. 3, 2019
/PRNewswire/ -- BB&T
Corporation (NYSE: BBT) announced today the redemption
on December 15, 2019, of all its
outstanding (i) Fixed Rate Medium-Term Notes, Series E (Senior),
due January 15, 2020, (CUSIP No.
05531FAS2) and (ii) Floating Rate Medium-Term Notes, Series E
(Senior), due January 15, 2020,
(CUSIP No. 05531FAT0). The redemption price for each of the
Medium-Term Notes will be equal to 100 percent of the principal
amount plus accrued and unpaid interest to, but excluding, the
redemption date of December 15, 2019.
Since December 15, 2019, is not a
business day, the redemption price will be paid on the next
business day, December 16,
2019.
Branch Banking and Trust Company announced today the
redemption on December 16, 2019, of
all of its outstanding (i) Fixed Rate Senior Notes due January 15, 2020 (CUSIP No. 07330NAN5) and (ii)
Floating Rate Senior Notes due January 15,
2020, (CUSIP No. 07330NAP0). The redemption price for each
of the Senior Notes will be equal to 100 percent of the principal
amount plus accrued and unpaid interest to, but excluding, the
redemption date of December 16,
2019.
Payment of the redemption price for each series will be
made through the facilities of The Depository Trust
Company.
About BB&T
BB&T is one of
the largest financial services holding companies in the U.S. with
$236.8 billion in assets and market
capitalization of approximately $40.9
billion as of September 30,
2019. 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., BB&T
operates more than 1,700 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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SOURCE BB&T Corporation