Investment Banking

With a relentless focus on the middle market, BB&T Capital Markets combines industry expertise with superior transaction execution capabilities to achieve extraordinary outcomes for our clients.

Our investment banking professionals work in cohesive teams to bring you a full spectrum of financial services. With BB&T Capital Markets, you get a relationship-driven approach to providing the right solutions for your needs. We offer a full range of investment banking services—equity originations; public and private placements of debt; asset securitizations; mergers and acquisitions advisory (M&A)—along with direct lending capabilities, nationally recognized equity research and access to specialty services such as insurance, supply chain finance, equipment finance, executive wealth management and treasury management.

Our broad range of capabilities and industry focused, transaction oriented teams generate results. Since 2010, our 50-plus investment bankers were able to bring our clients:

  • More than $90 billion in equity capital raised as managing underwriter
  • More than $518 billion in debt capital via public and private bond issuance
  • 130+ closed M&A transactions


Our bankers can handle clients from any field, but we have particular expertise in these sectors: Aerospace, Defense & Government Services; Automotive Aftermarket; Commercial & Industrial; Retail & Consumer; Education & Cultural Facilities; Energy; Financial Services; Financial Sponsors; Food & Agribusiness; Healthcare; Logistics & Transportation and Real Estate.

 

Our industry expertise and superior transaction execution—from equity and debt origination to M&A advisory to structured lending—makes us a powerful ally

  • AvalonBay Communities, Inc. (NYSE: AVB)

    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 $300,000,000 for our client.

    The Company will use net proceeds from the offering to prepay the indebtedness outstanding under company's Freddie Mac secured debt pool maturing on May 1, 2019 and to pay a related yield maintenance penalty. The Company also intends to use the net proceeds of this offering to reduce indebtedness outstanding under company's unsecured revolving credit facility.

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  • Plymouth Industrial REIT, Inc. (NYSE MKT: PLYM)

    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 $55,100,000 for our client.

    The Company will contribute the net proceeds from this offering, including any net proceeds from the exercise of the over-allotment option, to its operating partnership in exchange for OP units. The Company expect its operating partnership will use approximately $20.0 million of the net proceeds from this offering to redeem the preferred interests. The operating partnership is expected to use the remaining net proceeds to acquire and manage additional industrial properties and for general corporate purposes. The underwriters have a 30-day option to purchase an additional 435,000 shares to cover over-allotments.

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  • UDR, Inc. (NYSE: UDR)

    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 $300,000,000 for our client.

    The Company intends to use the net proceeds for general corporate purposes, including the repayment of outstanding indebtedness.

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  • The Penray Companies, Inc.

    On June 1, 2017, The Penray Companies, Inc. (“Penray” or the “Company”), a portfolio company of Source Capital, was acquired by PLZ Aeroscience Corporation (“PLZ”), a company majority owned by Pritzker Group Private Capital. BB&T Capital Markets served as exclusive financial advisor to Penray.

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  • Endries

    On June 1, 2017, Endries International, Inc. and certain related affiliates (collectively “Endries" or the "Company"), a subsidiary of Ferguson Enterprises, Inc. and its affiliates (collectively “Ferguson”), was acquired by Nautic Partners (“Nautic”). BB&T Capital Markets served as the exclusive financial advisor to Ferguson.

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  • Brixmor Property Group Inc. (NYSE: BRX)

    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 $500,000,000 for our client.

    The Company’s operating partnership plans to fully or partially use the net proceeds from the offering to repay outstanding debt under its $1.25 billion unsecured revolving credit facility and for general corporate purposes.

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  • Summit Hotel Properties, Inc. (NYSE: INN)

    BB&T Capital Markets’ Real Estate Group is participating in a transaction for a real estate investment trust, helping to raise up to $200,000,000 for our client.

    The Company intends to contribute the net proceeds from any sale of shares of it's common stock offered to the Company’s operating partnership. The Company’s operating partnership intends to use the net proceeds for general corporate purposes, which may include, among other things, acquiring additional hotel properties, funding capital improvements at it's hotel properties, repaying it's debt or redeeming shares of it's outstanding preferred stock.

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  • Simon Property Group, Inc. (NYSE: SPG)

    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 $1,350,000,000 for our client.

    The Company intends to use the net proceeds of these offerings to fund the planned optional redemption of its 5.650% notes due 2020 and to use any additional net proceeds for general corporate purposes.

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  • Summit Hotel Properties, Inc. (NYSE: INN)

    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 $170,775,000 for our client.

    The Company intends to contribute the net proceeds from this offering to Company's operating partnership in exchange for additional common units of company's operating partnership. The Company's operating partnership intends to use the net proceeds from this offering for general corporate purposes, including repayment of borrowings under company's senior unsecured revolving credit facility and acquisitions of additional hotel properties. Total gross proceeds includes the full exercise of the underwriters’ over-allotment option, through which they purchased an additional 1,350,000 shares.

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  • Storage Battery Systems

    On May 19, 2017, Power Storage Solutions, LLC and subsidiaries, doing business as Storage Battery Systems (“Storage Battery Systems” or the “Company”), a portfolio company of Supply Chain Equity Partners (“Supply Chain”), was acquired by High Road Capital Partners (“High Road”). BB&T Capital Markets served as the exclusive financial advisor to Storage Battery Systems.

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  • Regency Centers Corporation (NYSE: REG)

    BB&T Capital Markets’ Real Estate Group is participating in a transaction for a real estate investment trust, helping to raise up to $500,000,000 for our client.

    The Company expects to use the net proceeds from this offering to fund their development or redevelopment activities, fund potential acquisition opportunities, repay amounts outstanding under their revolving credit facility and/or for general corporate purposes.

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  • Oracle Elevator Company

    On May 12, 2017, Oracle Elevator Company (collectively with its parent company, OEC Holding Corp., and its subsidiaries, "Oracle" or the "Company"), a portfolio company of Incline Equity Partners (“Incline”), was acquired by L Squared Capital Partners (“L Squared”). BB&T Capital Markets served as the exclusive financial advisor to Oracle.

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  • Capitala Finance Corporation (NASDAQ: CPTA)

    BB&T Capital Markets’ Financial Services Group completed a transaction for Capitala Finance Corporation, serving as a co-manager on the $50mm Convertible Notes Offering (NASDAQ: CPTAG), and helping to raise $50mm of gross proceeds for our client.

    Capitala expects to use a portion of the net proceeds from the 6.00% Senior Notes due 2022, and the 5.75% Convertible Notes due 2022 offerings to redeem all of the outstanding indebtedness under the 7.125% 2014 Notes. On May 26, 2017, Capitala officially called the remaining $113.44mm in aggregate principal of the 2014 Notes, and will redeem them on June 25, 2017 at 100% of their principal amount ($25 per note), plus accrued and unpaid interest. Any net proceeds in excess of the outstanding indebtedness of the 2014 Notes will be used to repay borrowings under Capitala’s credit facility. Total gross proceeds of the Senior Notes includes the $5.0mm exercise of the underwriter’s 30 day overallotment option. Capitala also granted the underwriter’s a 30 day option to purchase an additional $7.50mm Convertible Notes to cover overallotments.

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  • Capitala Finance Corporation (NASDAQ: CPTA)

    BB&T Capital Markets’ Financial Services Group completed a transaction for Capitala Finance Corporation in the second quarter of 2017. BBTCM served as a Joint-Bookrunner on the $75mm Senior Notes Offering (NASDAQ: CPTAL), helping to raise $75mm of gross proceeds for our client.

    Capitala expects to use a portion of the net proceeds from the 6.00% Senior Notes due 2022, and the 5.75% Convertible Notes due 2022 offerings to redeem all of the outstanding indebtedness under the 7.125% 2014 Notes. On May 26, 2017, Capitala officially called the remaining $113.44mm in aggregate principal of the 2014 Notes, and will redeem them on June 25, 2017 at 100% of their principal amount ($25 per note), plus accrued and unpaid interest. Any net proceeds in excess of the outstanding indebtedness of the 2014 Notes will be used to repay borrowings under Capitala’s credit facility. Total gross proceeds of the Senior Notes includes the $5.0mm exercise of the underwriter’s 30 day overallotment option. Capitala also granted the underwriter’s a 30 day option to purchase an additional $7.50mm Convertible Notes to cover overallotments.

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  • Select Income REIT (NASDAQ: SIR)

    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 $350,000,000 for our client.

    The Company intends to use the net proceeds from this offering to repay amounts outstanding under its revolving credit facility and for general business purposes.

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  • AvalonBay Communities, Inc. (NYSE: AVB)

    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 $400,000,000 for our client.

    The Company intends to use net proceeds to reduce borrowings under its $1.5 billion unsecured revolving credit facility, a portion of which was used for the repayment of secured indebtedness, and for general corporate purposes, which may include acquisition, development, and redevelopment of apartment communities, and refinancing of other debt.

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Bruce M. Kelleher Jr. Head of Investment Banking & Financial Sponsors Group804-782-8758 email Download My vCard View Bio