News Releases

Helping our clients achieve the future they envision

Since 1872, we've offered our clients products and services to help them accomplish their financial goals.

BB&T and SunTrust have merged to become Truist. Both institutions will continue to offer independent product lines for a period of time.  View Truist Media Relations

BB&T Corporation Announces Redemption of Medium-Term Notes; Branch Banking and Trust Company Announces Redemption of Senior Notes

Dec 3, 2019

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.

SOURCE BB&T Corporation

For further information: ANALYSTS, Richard Baytosh, Executive Vice President, Investor Relations, (336) 733-0732; MEDIA, Brian Davis, Senior Vice President, Corporate Communications, Media@BBT.com


Still exploring?

Investor relations

At BB&T, we're committed to creating superior, long-term economic rewards for our shareholders, excellent asset quality relative to our peers, superior dividend yield, and strong revenue growth.

Who We Are

We strive to help our clients achieve economic success and financial security. Learn more about our company, leadership initiatives and commitment to diversity.

Stories

The BB&T story continues to unfold.  Read about how we seek to make the world a better place for our clients, associates and communities.

Community

From funding education programs to lending a hand to charitable organizations, BB&T is proud to join our friends and neighbors in building stronger and more vital communities.

Ready to get started?

In person

Locate a branch.

View Our Annual Report