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Quotes & Info
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| BBT > SEC Filings for BBT > Form 8-K on 9-Nov-2012 | All Recent SEC Filings |
9-Nov-2012
Other Events
BB&T Corporation ("BB&T") has submitted redemption notices to the institutional trustee for the trust listed below, which will result in the redemption of the trust preferred securities identified in the table below on the redemption date specified. The trust preferred securities were assumed by BB&T in connection with its acquisition of BankAtlantic from BankAtlantic Bancorp, Inc., which was completed on July 31, 2012. The trust preferred securities are 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 Redemption Date Trustee
BBX Capital Floating Rate $5,155,000 December 15, 2012 Wilmington Trust Company
Trust 2007 Capital
II(A) Securities
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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.
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