By Andrea Heisinger
New York, July 24 - BB&T Corp. priced $250 million 3.1% two-year medium-term notes at Treasuries plus 210 basis points, according to an FWP filing with the Securities and Exchange Commission.
The notes (A1/A/A+) priced at 99.933 to yield 3.135%. They are non-callable.
The bookrunner was Barclays Capital.
The financial services company is based in Winston-Salem, N.C.
| Issuer: | BB&T Corp.
|
| Issue: | Medium-term notes
|
| Amount: | $250 million
|
| Maturity: | July 28, 2011
|
| Bookrunner: | Barclays Capital
|
| Coupon: | 3.1%
|
| Price: | 99.933
|
| Yield: | 3.135%
|
| Spread: | Treasuries plus 210 bps
|
| Call: | Non-callable
|
| Trade date: | July 23
|
| Settlement date: | July 28
|
| Ratings: | Moody's: A1
|
| Standard & Poor's: A
|
| Fitch: A+
|
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