Summary of BB&T CORP - Yahoo! Finance

ITEM 8.01. Other Events.

BB&T Corporation ("BB&T") has submitted redemption notices to the institutional or property trustee, as the case may be, for each trust listed below, which will result in the redemption of the trust preferred securities identified in the table below on the redemption date specified. Each series of trust preferred securities was assumed by BB&T in connection with its acquisition of BankAtlantic from BankAtlantic Bancorp, Inc., which was completed on July 31, 2012. Each series is callable on the redemption date specified at the option of BB&T. The redemptions will be funded by general corporate reserves.

   Trust          Security          Principal Amount         CUSIP       Redemption Date    Trustee
                                                                                            U.S. Bank
BBC Capital    Floating Rate          $25,000,000          0552779A7      September 26,     National
 Statutory
 Trust III   Capital Securities                                               2012        Association

                                                                                            U.S. Bank
BBC Capital    Floating Rate          $25,000,000          05527A9Z5      September 26,     National
 Statutory
 Trust IV    Capital Securities                                               2012        Association

                                                                                           The Bank of
BBC Capital    Floating Rate          $10,000,000          05529AAA6      September 30,       New
  Trust V        Preferred                                                    2012        York Mellon
                 Securities

                                                                                           The Bank of
BBC Capital    Floating Rate          $15,000,000          05527GAA5      September 30,       New
 Trust VI        Preferred                                                    2012        York Mellon
                 Securities

                                                                                            U.S. Bank
BBC Capital    Floating Rate          $25,000,000          05527G9Z2      September 26,     National
 Statutory
   Trust     Capital Securities                                               2012        Association
    VII

                                                                                            U.S. Bank
BBC Capital    Fixed/Floating         $50,000,000          0660599Z1      September 26,     National
 Statutory
  Trust X       Rate Capital                                                  2012        Association
                 Securities

                                                                                            U.S. Bank
BBX Capital    TP Securities          $25,000,000          05530TAA2      September 15,     National
 Trust 2007
   I(a)                                                                       2012        Association

The trust preferred securities will be redeemed at a price equal to the liquidation amount of $1,000 per trust preferred security, plus all accrued and unpaid distributions to the redemption date.