Preferred Stock and Trust Preferred Securities

BB&T Corporation currently has outstanding five series of depositary shares, each of which is listed on the New York Stock Exchange. A depositary share represents a 1/1,000th ownership interest in a share of preferred stock. This page provides summary information about each series of depositary shares, and includes links to the relevant prospectus supplements that were prepared in connection with the original offer and sale of the depositary shares.Potential investors should carefully read the relevant prospectus supplement and accompanying prospectus to understand fully the terms of these securities, as well as the tax and other considerations that are important in making a decision about whether to invest in these securities.

 

Listed Preferred Stock Depositary Shares:

 

Series D

Depositary shares, each representing a 1/1,000th interest in a share of Series D
Non-Cumulative Perpetual Preferred Stock

Issuance Date: April 26, 2012

Initial Public Offering Price: $25.00 per depositary share

NYSE Symbol: BBT PrD

Non-Cumulative Dividends: Paid quarterly in arrears on the 1st day of March, June, September, and December of each year, if, when, and as declared, at a rate per annum equal to 5.850%. (Note that the current dividend payment dates for Series D Preferred Stock were approved at BB&T's 2013 special meeting. Previously, dividends for Series D Preferred Stock had been paid on the 1st day of February, May, August, and November.)

Earliest Permitted Redemption Date: May 1, 2017

Liquidation Preference: $25 per depositary share

View prospectus supplement for the Series D Depositary shares

 

Series E

Depositary shares, each representing a 1/1,000th interest in a share of Series E Non-Cumulative Perpetual Preferred Stock

Issuance Date: July 24, 2012

Initial Public Offering Price: $25.00 per depositary share

NYSE Symbol: BBT PrE

Non-Cumulative Dividends: Paid quarterly in arrears on the 1st day of March, June, September, and December of each year, if, when, and as declared, at a rate per annum equal to 5.625%. (Note that the current dividend payment dates for Series E Preferred Stock were approved at BB&T's 2013 special meeting. Previously, dividends for Series E Preferred Stock had been paid on the 1st  day of February, May, August, and November.)

Earliest Permitted Redemption Date: August 1, 2017

Liquidation Preference: $25 per depositary share

View prospectus supplement for the Series E Depositary Shares

 

Series F

Depositary shares, each representing a 1/1,000th interest in a share of Series F Non-Cumulative Perpetual Preferred Stock

Issuance Date: October 24, 2012 

Initial Public Offering Price: $25.00 per depositary share

NYSE Symbol: BBT PrF

Non-Cumulative Dividends: Paid quarterly in arrears on the 1st day of March, June, September, and December of each year, if, when, and as declared, at a rate per annum equal to 5.200%. (Note that the current dividend payment dates for Series F Preferred Stock were approved at BB&T's 2013 special meeting. Previously, dividends for Series F Preferred Stock had been paid on the 1st day of February, May, August, and November.)

Earliest Permitted Redemption Date: November 1, 2017

Liquidation Preference: $25 per depositary share

View prospectus supplement for the Series F Depositary shares

 

Series G

Depositary shares, each representing a 1/1,000th interest in a share of Series G Non-Cumulative Perpetual Preferred Stock

Issuance Date: April 24, 2013 

Initial Public Offering Price: $25.00 per depositary share

NYSE Symbol: BBT PrG

Non-Cumulative Dividends: Paid quarterly in arrears on the 1st day of March, June, September, and December, if, when, and as declared, at a rate per annum equal to 5.200%.

Earliest Permitted Redemption Date: June 1, 2018

Liquidation Preference: $25 per depositary share

View prospectus supplement for the Series G Depositary shares

 

Series H

Depositary shares, each representing a 1/1,000th interest in a share of Series H Non-Cumulative Perpetual Preferred Stock

Issuance Date: March 2, 2016

Initial Public Offering Price: $25.00 per depositary share

NYSE Symbol: BBT PrH

Non-Cumulative Dividends: Paid quarterly in arrears on the 1st day of March, June, September, and December of each year, if, when, and as declared, at a rate per annum equal to 5.625%

Earliest Permitted Redemption Date: June 1, 2021

Liquidation Preference: $25 per depositary share

View prospectus supplement for the Series H Depositary Shares

 

The information that is on or available through this site is for informational purposes only and speaks only as of the particular date or dates of that information. We do not guarantee the accuracy or completeness of information on or available through this site, and we are not responsible for inaccuracies or omissions in that information or for actions taken in reliance on that information. BB&T Corporation does not undertake an obligation, and disclaims any duty, to update any of the information on or available through this site.

The statements contained herein do not constitute an offer to sell or a solicitation of an offer to buy any security.