Debt Capital Markets

Backed by one of the strongest banks in the U.S. and aided by one of the largest Fixed Income Sales & Trading forces in the middle market sector, BB&T Capital Markets investment bankers are well positioned to bring clients the financing they need at the most competitive rates possible.

We deploy our bankers in industry-specific teams that allow them to build expertise in our clients’ operations as well as the financial expertise to assemble financing plans that work.  In addition, our investment bankers work closely with our industry specific corporate banking specialists—a factor that allows us to offer our clients an array of tools that rivals even the largest of Wall Street’s financial houses, while maintaining a personal touch on every deal.

As a result, our client list ranges from the nation’s largest banks to its most local senior housing—all with the same attention to detail.

 

BB&T Capital Markets bankers managed or co-managed $85.4 billion in bond issues for clients in 2012

  • Global Medical REIT Inc. (NYSE: GMRE)

    BB&T Capital Markets’ Real Estate Group completed a transaction for a real estate investment trust in the third quarter of 2017, helping to raise $77,625,000 for our client.

    The Company intends to use the net proceeds from this offering for general corporate purposes, including funding new acquisitions and repaying indebtedness. Total gross proceeds includes the full exercise of the underwriters’ over-allotment option, through which they purchased an additional 405,000 shares.

    Read More
  • Pennsylvania Real Estate Investment Trust (NYSE: PEI)

    BB&T Capital Markets’ Real Estate Group completed a transaction for a real estate investment trust in the third quarter of 2017, helping to raise $120,000,000 for our client.

    The Company intends to use the net proceeds from this offering to fully redeem its outstanding series A preferred shares with an aggregate liquidation preference of about $115.0 million, with any remaining proceeds to go toward general corporate purposes. The underwriters have a 30 day option to purchase an additional 720,000 shares to cover over-allotments.

    Read More
  • National Retail Properties Inc. (NYSE: NNN)

    BB&T Capital Markets’ Real Estate Group completed a transaction for a real estate investment trust in the third quarter of 2017, helping to raise $400,000,000 for our client.

    The Company intends to use the net proceeds from this offering to repay all of the outstanding debt under the Company's credit facility. Any remaining funds will go toward future property acquisitions and for general corporate purposes.

    Read More
  • CBL & Associates Properties, Inc. (NYSE: CBL)

    BB&T Capital Markets’ Real Estate Group completed a transaction for a real estate investment trust in the third quarter of 2017, helping to raise $225,000,000 for our client.

    The Company intends to use the net proceeds from this offering to reduce amounts outstanding under CBL’s revolving credit facilities and for general corporate purposes.

    Read More
  • Alexandria Real Estate Equities, Inc. (NYSE: ARE)

    BB&T Capital Markets’ Real Estate Group is participating in a transaction for a real estate investment trust, helping to raise up to $750,000,000 for our client.

    The Company intends to initially use the net proceeds from this program for general working capital and corporate purposes, which may include reducing the outstanding balance on its unsecured senior line of credit, repaying other indebtedness, the selective development, redevelopment, or acquisition of properties, or the repurchase of its outstanding preferred stock.

    Read More
  • Cedar Realty Trust, Inc. (NYSE: CDR)

    BB&T Capital Markets’ Real Estate Group completed a transaction for a real estate investment trust in the third quarter of 2017, helping to raise $75,000,000 for our client.

    The Company's operating partnership presently intends to use the net proceeds from this offering to partially redeem outstanding shares of its Series B preferred stock. Pending such use, the net proceeds will be used to temporarily repay amounts outstanding under the operating partnership’s credit facility. The underwriters have a 30 day option to purchase an additional 450,000 shares to cover over-allotments.

    Read More
  • Healthcare Realty Trust Incorporated (NYSE: HR)

    BB&T Capital Markets’ Real Estate Group completed a transaction for a real estate investment trust in the third quarter of 2017, helping to raise a total of $224,025,000 for our client.

    The Company intends to use the net proceeds of this offering to partially fund their acquisition of an Atlanta medical office portfolio. The Company intends to use the remaining proceeds to repay outstanding indebtedness and for general corporate purposes. The underwriters have a 30-day option to purchase an additional 1,087,500 shares to cover over-allotments.

    Read More
  • Kimco Realty Corporation (NYSE: KIM)

    BB&T Capital Markets’ Real Estate Group completed a transaction for a real estate investment trust in the third quarter of 2017, helping to raise $225,000,000 for our client.

    The Company intends to use the net proceeds from this offering for general corporate purposes, including repayment of debt. The underwriters have a 30 day option to purchase an additional 1,350,000 shares to cover over-allotments.

    Read More
  • Digital Realty Trust, Inc. (NYSE: DLR)

    BB&T Capital Markets’ Real Estate Group completed a transaction for a real estate investment trust in the third quarter of 2017, helping to raise $1,350,000,000 for our client.

    The Company intends to use the net proceeds from this offering to fund a portion of the repayment, redemption and/or discharge of DuPont Fabros Technology, Inc (“DFT”) debt and the payment of certain transaction fees and expenses incurred in connection with the DFT merger. Pending any net proceeds will be used to repay borrowings under its operating partnership’s global revolving credit facility, acquire additional properties or businesses, fund development opportunities and to provide for working capital and other general corporate purposes, including potentially for the repurchase, redemption or retirement of other outstanding debt or equity securities.

    Read More
  • Ryder System, Inc. (NYSE: R)

    On August 1, 2017, BB&T Capital Markets served as a co-manager for an offering of $300 million 2.500% senior notes due 2022 by Ryder System, Inc.

    Proceeds from the offering are being used for general corporate purposes.

    Read More
  • Kimco Realty Corporation (NYSE: KIM)

    BB&T Capital Markets’ Real Estate Group completed a transaction for a real estate investment trust in the third quarter of 2017, helping to raise $850,000,000 for our client.

    The Company intends to use the net proceeds from this offering to fund the consideration payable in its tender offer. The Company will use the excess net proceeds for general corporate purposes, including to partially reduce borrowings under its revolving credit facility maturing in March 2021.

    Read More
  • Equity Residential (NYSE: EQR)

    BB&T Capital Markets’ Real Estate Group completed a transaction for a real estate investment trust in the third quarter of 2017, helping to raise $700,000,000 for our client.

    The Company intends to use proceeds from the offering for general corporate purposes and working capital, including repayment of debt.

    Read More
  • Community Healthcare Trust Incorporated (NYSE: CHCT)

    BB&T Capital Markets’ Real Estate Group completed a transaction for a real estate investment trust in the third quarter of 2017, helping to raise a total of $114,611,875 for our client.

    The Company intends to use the net proceeds of this offering to repay the outstanding indebtedness under its revolving facility and to fund future acquisitions in accordance with its investment guidelines and for general corporate and working capital purposes. Total gross proceeds includes the full exercise of the underwriters’ over-allotment option, through which they purchased an additional 637,500 shares.

    Read More
  • Government Properties Income Trust (Nasdaq: GOV)

    BB&T Capital Markets’ Real Estate Group completed a transaction for a real estate investment trust in the third quarter of 2017, helping to raise $300,000,000 for our client.

    The Company intends to use the net proceeds from this offering to finance, in part, its transaction with First Potomac Realty Trust. Pending the consummation of the transaction, the Company may repay future amounts outstanding under its revolving credit facility or invest the net proceeds from this offering in short term investments.

    Read More
  • Government Properties Income Trust (Nasdaq: GOV)

    BB&T Capital Markets’ Real Estate Group completed a transaction for a real estate investment trust in the second quarter of 2017, helping to raise a total of $516,280,037 for our client.

    The Company intends to use the net proceeds to help fund the Company’s planned acquisition of First Potomac Realty Trust. GOV may also elect to use the proceeds to repay amounts outstanding under its unsecured revolving credit facility or to fund short-term investments, pending the closing of the all-cash deal with First Potomac. Total gross proceeds includes the partial exercise of the underwriters’ over-allotment option, through which they purchased an additional 2,907,029 shares.

    Read More
  • Physicians Realty Trust (NYSE: DOC)

    BB&T Capital Markets’ Real Estate Group completed a transaction for a real estate investment trust in the second quarter of 2017, helping to raise a total of $408,000,000 for our client.

    The Company intends to use the net proceeds of this offering (i) to repay a portion of the outstanding indebtedness under its revolving credit facility, (ii) to fund pending acquisitions (iii) for general corporate purposes, including, without limitation, working capital and investment in real estate. The underwriters have a 30-day option to purchase an additional 3,000,000 shares to cover over-allotments.

    Read More