Search the web
Welcome, Guest
[Sign Out, My Account]
EDGAR_Online

Quotes & Info
Enter Symbol(s):
e.g. YHOO, ^DJI
Symbol Lookup | Financial Search
BBT > SEC Filings for BBT > Form 8-K on 18-May-2009All Recent SEC Filings

Show all filings for BB&T CORP | Request a Trial to NEW EDGAR Online Pro

Form 8-K for BB&T CORP


18-May-2009

Entry into a Material Definitive Agreement, Financial Statements and Exhibits


ITEM 1.01. Entry into a Material Definitive Agreement.

On May 18, 2009, BB&T Corporation (the "Company") issued and sold 75,000,000 shares (the "Firm Shares") of its common stock, par value $5.00 per share (the "Common Stock"), in a public offering pursuant to an underwriting agreement, dated May 12, 2009 (the "Underwriting Agreement"), between the Company, on the one hand, and Goldman, Sachs & Co., J.P. Morgan Securities Inc. and Morgan Stanley & Co. Incorporated, as representatives of the underwriters named therein, on the other hand (collectively, the "Underwriters"). In addition, pursuant to the Underwriting Agreement, the Company granted the Underwriters an option (the "Option") to purchase up to 11,250,000 additional shares of Common Stock (the "Additional Shares", and together with the Firm Shares, the "Shares"). Following the Underwriters' exercise of the Option on May 13, 2009, the Company issued and sold all 11,250,000 Additional Shares. The Underwriting Agreement is filed as Exhibit 1.1 to this Current Report on Form 8-K. The net proceeds of the offering, after underwriting discounts and commissions and after giving effect to the Option, will be $1,673,250,000.

Pursuant to the Underwriting Agreement, certain directors and executive officers of the Company entered into agreements in substantially the form included in the Underwriting Agreement providing for a 90-day "lock-up" period with respect to sales of specified securities, subject to certain exceptions.

The Shares were registered under the Securities Act of 1933, as amended, pursuant to a Registration Statement on Form S-3 (Registration No. 333-152543), filed July 25, 2008 (the "Registration Statement"). The issuance and sale of the Shares are described in the Company's Prospectus dated July 25, 2008, constituting a part of the Registration Statement, as supplemented by a Prospectus Supplement dated May 12, 2009.



ITEM 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.   Description of Exhibit
1.1           Underwriting Agreement, dated May 12, 2009, between BB&T Corporation,
              and Goldman, Sachs & Co., J.P. Morgan Securities Inc., and Morgan
              Stanley & Co. Incorporated, as representatives of the several
              underwriters named in Schedule II thereto.


S I G N A T U R E

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

BB&T CORPORATION
(Registrant)

By: /s/ Edward D. Vest
Edward D. Vest
Executive Vice President and Corporate Controller
(Principal Accounting Officer)

Date: May 18, 2009

  Add BBT to Portfolio     Set Alert         Email to a Friend  
Get SEC Filings for Another Symbol: Symbol Lookup
Quotes & Info for BBT - All Recent SEC Filings
Sign Up for a Free Trial to the NEW EDGAR Online Pro
Detailed SEC, Financial, Ownership and Offering Data on over 12,000 U.S. Public Companies.
Actionable and easy-to-use with searching, alerting, downloading and more.
Request a Trial      Sign Up Now


Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service
SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.