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News Stories (23 Results) - BB&T

BB&T Corporation and SunTrust Banks, Inc., announced Truist as the name for the combined company to be created through their merger of equals. Truist will be the sixth-largest U.S. bank holding company serving more than 10 million households in the U... Read Story
June 13, 2019, 09:05 AM

SunTrust Banks, Inc. and BB&T Corporation announced both companies' boards of directors have unanimously approved a definitive agreement to combine in an all-stock merger of equals valued at approximately $66 billion. The combined company will be the... Read Story
February 07, 2019, 09:00 AM

BB&T  has named banking veteran and executive vice president Mark Grover to lead its Corporate Banking Energy team following the retirement of Jeff Forbis, who started and led the group for more than seven years. In an expanded role, Grover will... Read Story
December 18, 2018, 09:06 AM

BB&T Corporation announced Senior Executive Vice President Dontá Wilson has been named chief digital and client experience officer, and Senior Executive Vice President Bennett Bradley will assume leadership of the new Operations Shared Services... Read Story
November 12, 2018, 07:04 AM

BB&T announced it has named Rhonda Roberts as Charlottesville, Va., market president. Roberts is located at 1425 Seminole Trail. "We are extremely fortunate to have Rhonda move into this critical role," said Ray Barnes, BB&T James River regional... Read Story
September 26, 2018, 07:10 AM

Rosenthal & Rosenthal, Inc., an independent factoring, asset based lending and purchase order financing firm, announced the completion of a deal to acquire the domestic factoring portfolio of BB&T Corporation, one of the largest financial services... Read Story
January 31, 2018, 07:43 AM

Applied Optoelectronics, Inc. entered into a three year, $50 million, revolving line of credit with Branch Banking and Trust Company (BB&T). Borrowings under the Credit Facility will be used for general corporate purposes, according to a regulatory... Read Story
October 09, 2017, 07:07 AM

Brown Gibbons Lang & Company (BGL), a middle market investment bank, announced the addition of Patrick Warren to its Industrials Group. Warren brings more than 12 years of corporate finance and capital markets experience to the firm, with transaction... Read Story
September 01, 2017, 07:15 AM

BB&T announced Jim Daly has been named president of its West Florida Region. Daly, who previously served as a Community Banking group executive in Winston-Salem, N.C., assumed his new role effective March 26, 2017. He replaces Ken Coppedge who... Read Story
March 30, 2017, 07:11 AM

Synalloy Corporation announced that it, through its subsidiary Bristol Metals, LLC, has signed a definitive agreement to acquire the Stainless Steel Pipe and Tube operations of Marcegaglia USA.  The parties expect the transaction to close on or by... Read Story
December 14, 2016, 07:33 AM

Crestmark, celebrating its 20th anniversary, welcomes John D. Gullman, regional first vice president, business development officer, to its East Division. Gullman will represent Crestmark in the Florida market, which he has covered for more than 30... Read Story
November 01, 2016, 07:21 AM

Synalloy Corporation announced the closing of a new asset based (“ABL”) credit facility with its bank, Branch Banking and Trust Company (“BB&T”), and its entrance into a purchase and sale agreement for sale-leaseback of its real estate properties in... Read Story
September 02, 2016, 07:32 AM

BB&T Corporation named Jim D. Godwin, Brant J. Standridge, and Dontá L. Wilson to its Executive Management team, which sets policy and direction for the corporation. The announcement is part of BB&T's long-term plan to expand its top leadership group... Read Story
July 05, 2016, 08:01 AM

Fifth Third Bancorp announced that William Tyson has been hired to become co-head of Fifth Third Capital Markets, reporting to Lars Anderson, executive vice president and chief operating officer.In addition to teaming with Bob Marcus on the overall... Read Story
May 04, 2016, 07:59 AM

Installed Building Products, Inc., an industry-leading installer of insulation products, announced it has entered into a new five-year, $325 million senior secured credit facility with an accordion feature allowing the Company to increase the... Read Story
March 01, 2016, 07:51 AM

Yelton Capital Network announced that Daniel H. Shaw has joined the firm as a partner. Shaw brings a vast amount of experience and expertise in asset based lending, banking, and finance. He was instrumental in the formation of Branch Bank and Trust's... Read Story
October 29, 2015, 07:17 AM

Triangle closed a new $300.0 million senior credit facility, which replaced thecompany’s existing $165.0 million senior credit facility.  The credit facility, which was jointly arranged by BB&T Capital Markets, ING Capital LLC and Fifth Third Bank... Read Story
May 07, 2015, 07:13 AM

Furmanite Corporation announced an expansion and extension of its subsidiaries’ syndicated credit facility with new administrative agent Wells Fargo Bank, N.A. Under the amendment, which was effective March 13, 2015, the revolving credit line... Read Story
March 20, 2015, 07:26 AM

BB&T Corporation and Susquehanna Bancshares, Inc. announced today the signing of a definitive agreement under which BB&T will acquire Susquehanna in a cash and stock transaction for total consideration valued at approximately $2.5 billion. This... Read Story
November 12, 2014, 08:04 AM

HEICO Corporation increased its $670 million revolving credit facility to an aggregate potential future capacity of $1 billion and that it also extended the facility by an additional year until December 2018.  Under the amendment, $800 million of the... Read Story
November 26, 2013, 11:10 AM

Houlihan Lokey announced the completion of a senior financing for AmeriFactors Financial Group, LLC.  The debt financing was provided by BB&T's Orlando office.  AmeriFactors Financial Group, LLC is a specialty commercial finance company providing... Read Story
July 29, 2013, 08:03 AM

Group 1 Automotive, Inc., an international, Fortune 500 automotive retailer, completed a $1.7 billion five-year revolving syndicated credit facility with 25 financial institutions that will expire in June 2018 and can be expanded to $1.95 billion... Read Story
June 21, 2013, 07:51 AM

Gladstone Investment Corporation increased its borrowing capacity in its line of credit by $35 million to $105 million in aggregate with the addition of two new lenders.  Through Gladstone Investment's wholly-owned subsidiary, Gladstone Business... Read Story
June 18, 2013, 08:15 AM