• Nationwide Presence

    Our New York City office is the latest expansion in our coast-to-coast operations.

    Learn More>

  • Extensive Capabilities

    BB&T Capital Markets strives to build long-term relationships, delivering tailored solutions to meet your goals.

    Learn More>

  • What Our Clients Say

    “BB&T was definitely the right choice. We are thrilled with the exceptional service, advice and execution we received.”—Leslie Cedar, board chair of Longhorn Village sponsor Texas Exes, Austin, Texas

With the backing of one of the largest financial institutions in the United States, BB&T Capital Markets brings deep industry expertise and a full slate of client-focused services to middle market firms. We invite you to experience the difference we can bring to your business.

W. Rufus Yates

President and CEOBB&T Securities
  • Western Window Systems, LLC

    On July 31, 2015, WWS Acquisition, LLC (“Western Window Systems,” “Western," or the “Company”), a portfolio company of The Omnia Group, LLC (“Omnia”) and ORIX Mezzanine & Private Equity, was acquired by Perella Weinberg Partners Growth Equity (“PWP”). BB&T Capital Markets served as the exclusive financial advisor to Western.

    Read More
  • Builders FirstSource, Inc. (NASDAQ GS: BLDR)

    BB&T Capital Markets’ Commercial & Industrial Group completed a transaction for a leading building materials distributor in the third quarter of 2015, with an equity offering worth $176,640,000.

    On April 13, 2015, the Company announced the acquisition of ProBuild Holdings LLC, from Devonshire Investors in a deal worth $1.82 billion. The combined entity will be the largest U.S. building materials distribution company serving the professional segment, with estimated combined sales of more than $6 billion. The transaction is expected to close in the third quarter of 2015.

    The Company intends to use the net proceeds from this offering to fund, in part, the acquisition of ProBuild Holdings LLC. Warburg Pincus Private Equity L.P., a partial owner of the Company, also sold shares in the offering. The Company will not receive any net proceeds from shares sold by the selling shareholder. Total gross proceeds includes the full exercise of the underwriters’ over-allotment option, through which they purchased an additional 1,800,000 shares.

    

    Read More
  • WPX Energy, Inc. (NYSE:WPX)

    On July 17, 2015, BB&T Capital Markets served as a  co-manager for a $1 billion offering of senior notes by WPX Energy, Inc. The offering consisted of a $500 million tranche of 7.50 senior notes due 2020 and a $500 million tranche of 8.25% senior notes due 2023.


    The Company intends to use the net proceeds from the offering to fund, in part, its acquisition of RKI Exploration & Production LLC from First Reserve Corp.

    

    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 2015, helping to raise $714,000,000 for our client.

    The Company intends to use the net proceeds from this offering to repay its global revolving credit facility, and fund the Telx Acquisition. The Company has granted the underwriters a 30-day option to purchase an additional 1,570,000 shares at the public offering price to cover over-allotments, if any.

    

    Read More
  • WPX Energy Inc. (NYSE: WPX)

    BB&T Capital Markets’ Energy Group completed a transaction for an oil & natural gas exploration & production company in the third quarter of 2015, in an mandatory convertible preferred stock offering worth $350,000,000.

    The Company intends to use the net proceeds from the offering to fund, in part, its acquisition of RKI Exploration & Production LLC from First Reserve Corp. The Company has granted the underwriters a 30-day option to purchase an additional 1,050,000 shares at the public offering price to cover over-allotments, if any.

    The offering was made separately and concurrently with a common equity offering and a high-yield notes offering, for which BB&T Capital Markets also served as a co-manager for each.

    

    Read More
  • Blue Racer Midstream LLC/Blue Racer Finance Corp.

    On July 15, 2015, BB&T Capital Markets served as a  co-manager for a $300 million offering of 6.125% senior notes due 2022 by Blue Racer Midstream LLC/Blue Racer Finance Corp. The offering is an add-on to an earlier offering conducted by Blue Racer in November 2014.


    Proceeds from this offering are being used to repay borrowings outstanding under Blue Racer’s revolving credit facility, fund expansion projects, and for general corporate purposes.

    

    Read More
  • Radiant Logistics, Inc. (NYSE: RLGT)

    BB&T Capital Markets’ Logistics & Transportation Group completed a transaction for a global logistics and transportation provider in the third quarter of 2015, helping to raise over $51 million for our client.

    The Company intends to use the net proceeds from this offering for repayment of indebtedness under its revolving credit facility, as well as general corporate purposes. Total gross proceeds include the full exercise of the underwriters’ over-allotment option, through which they purchased an additional 1,000,000 shares.

    

    Read More
  • WPX Energy Inc. (NYSE: WPX)

    BB&T Capital Markets’ Energy Group completed a transaction for an oil & natural gas exploration & production company in the third quarter of 2015, in an equity offering worth $303,000,000.

    The Company intends to use the net proceeds from the offering to fund, in part, its acquisition of RKI Exploration & Production LLC from First Reserve Corp.  The Company has granted the underwriters a 30-day option to purchase an additional 4,500,000 shares at the public offering price to cover over-allotments, if any.

    The offering was made separately and concurrently with a mandatory convertible preferred stock offering and a high-yield notes offering, for which BB&T Capital Markets also served as a co-manager for each.

    

    Read More
  • CVS Health Corporation (NYSE: CVS)

    On July 13, 2015, BB&T Capital Markets served as a  co-manager for a $15 billion six-tranche offering of senior notes by CVS Health Corporation. The offering consisted of $2.25 billion of 1.9% Notes due 2018; $2.75 billion of 2.8% Notes due 2020; $1.5 billion of 3.5% Notes due 2022; $3 billion of 3.875% Notes due 2025; $2 billion of 4.875% Notes due 2035; and $3.5 billion of 5.125% Notes due 2045. Proceeds from this offering are being used to finance CVS’ acquisition of Omnicare and Target’s pharmacy operations.

    

    Read More
  • Ventas Realty, L.P.

    On July 9, 2015, BB&T Capital Markets served as a  co-manager for a $500 million offering of senior notes by Ventas Realty, L.P. Proceeds from this offering are being used to for working capital and other general corporate purposes, including funding pending or future acquisitions and investments.

    

    Read More
  • CNX Coal Resources LP (NYSE: CNXC)

    BB&T Capital Markets’ Energy Group completed a transaction for thermal coal mining company in the third quarter of 2015, in an equity offering worth $75,000,000.

    Separately and concurrently, CNX Coal Resources completed a private placement of $75,000,000 with certain funds managed by Greenlight Capital, Inc. The Company intends to use the net proceeds from the offering to pay a dividend to its parent, CONSOL Energy, and for general corporate purposes. The Company has granted the underwriters a 30-day option to purchase an additional 750,000 shares at the public offering price to cover over-allotments, if any.

    

    Read More
  • Ashland Inc.

    On June 30, 2015, Niteo Products, LLC, a newly-formed affiliate of Highlander Partners, L.P., acquired Valvoline’s car care products assets from Ashland Inc. BB&T Capital Markets served as the exclusive financial advisor to Ashland Inc.

    

    Read More
  • Eck Supply Company

    On June 30, 2015, Eck Supply Company (“Eck Supply” or the “Company”), was acquired by Sonepar USA (“Sonepar”). Also, on June 26, 2015, the Lynchburg, Virginia, branch of Eck Supply was acquired by Electrical Equipment Company (“EECO”). BB&T Capital Markets served as the exclusive financial advisor to Eck Supply for both transactions.

    

    Read More
  • BB&T Corp. (NYSE: BBT)

    On June 22, 2015, BB&T Capital Markets served as a lead manager for a $1 billion offering of 2.625% senior unsecured notes due in 2020 by BB&T Corporation. Proceeds from the offering were used for general corporate purposes.

    

  • National Fuel Gas Company (NYSE: NFG)

    On June 22, 2015, BB&T Capital Markets served as a  co-manager for a $450 million offering of 5.20% senior notes due in 2025 by National Fuel Gas Company. Proceeds from the offering were used for general corporate purposes, including the reduction of short-term debt.

    This offering represents the first bond transaction by National Fuel Gas to which BB&T Capital Markets has been invited.

    

    Read More
  • Oxford Lane Capital Corporation (NASDAQ GS: OXLC)

    BB&T Capital Markets’ Financial Services Group completed a transaction for a registered closed-end management investment company in the second quarter of 2015, helping to raise $30,000,000 in gross proceeds for our client. The preferred shares trade on the NASDAQ GS under the symbol “OXLCO.”

    The Company intends to use the net proceeds from this offering to acquire investments in accordance with its investment objective and strategies and for general working capital purposes. The Company has granted the underwriters a 30-day option to purchase an additional 183,673 shares at the public offering price to cover over-allotments, if any.

    

    Read More

Thom Albrecht

Managing Director, Senior Equity Research AnalystLogistics & Transportation Services

Patrick Martin

Managing DirectorStrategic Advisory Group