BB&T offers five-year notes through Goldman Sachs, Morgan Stanley

By Devika Patel

Knoxville, Tenn., Nov. 29 – BB&T Corp. is planning to sell five-year fixed-rate senior notes, according to a 424B3 filing with the Securities and Exchange Commission.

The notes, due December 2023, will have a par call and are expected to price in November and settle in December.

Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC are the bookrunners.

Proceeds will be used for general corporate purposes, including debt repayment and refinancing.

The bank and financial services company is based in Winston-Salem, N.C.

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