BB&T Announces Redemption of Floating Rate Senior Notes

WINSTON-SALEM, N.C., March 21, 2019 /PRNewswire/ -- BB&T Corporation (NYSE: 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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SOURCE BB&T Corporation