Filed Pursuant to Rule 433
Registration Statement No. 333-152543
May 15, 2009
BB&T Corporation
|
Pricing Term Sheet Medium-Term Notes, Series A (Senior) 5.70% Senior Notes due 2014 | ||
| Issuer: | BB&T Corporation | |
| Security: | 5.70% Notes due 2014 | |
| Rating of this Series of Notes: | A1 (Moody’s) /A+(S&P)/AA-(Fitch) | |
| Currency: | USD | |
| Size: | $110,000,000 | |
| Security Type: | SEC Registered Medium-Term Notes, Series A (Senior). This debt is not guaranteed under the Federal Deposit Insurance Corporation’s Temporary Liquidity Guarantee Program. | |
| Maturity: | April 30, 2014 | |
| Coupon: | 5.70% | |
| Payment Frequency: | Semi-Annually | |
| Day Count Convention: | 30/360 | |
| Benchmark Treasury: | 1.875% US Treasury due 04/14 | |
| Spread to Benchmark Treasury: | +385 bps | |
| Benchmark Treasury Spot and Yield: | 99-15+; 1.985% | |
| Price to Public: | 99.425% of face amount | |
| Accrued Interest: | $313,500 | |
| Bookrunner Fee: | $55,000 | |
| Price to Issuer: | 99.375% of face amount | |
| Yield to Maturity: | 5.835% | |
| Interest Payment Dates: | April 30 and October 30 of each year, commencing | |
| October 30, 2009 | ||
| Trade Date: | May 15, 2009 | |
| Settlement Date: | May 22, 2009 (T + 5) | |
| Minimum Denominations: | $1,000 x $1,000 | |
| CUSIP: | 05531FAA1 | |
| Sole Bookrunner: | BB&T Capital Markets, a division of Scott & | |
| Stringfellow, LLC | ||
Note: A securities rating is not a recommendation to buy, sell or hold securities and should be evaluated independently of any other rating. A rating may be subject to revision or withdrawal at any time by the assigning rating organization.
The issuer has filed a registration statement (including a pricing supplement, a prospectus supplement and a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read those documents and the other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the issuer, any agent or any dealer participating in the offering will arrange to send you the pricing supplement, the prospectus supplement and the prospectus if you request it by calling BB&T Capital Markets, a division of Scott & Stringfellow, LLC at 804-787-8221.