Filed Pursuant to Rule 433
Registration Statement No. 333-152543
July 22, 2009
BB&T Corporation
Pricing Term Sheet
Medium-Term Notes, Series A (Senior)
3.850% Senior Notes due 2012
| Issuer |
BB&T Corporation | |
| Security |
3.850% Notes due 2012 | |
| Ratings of this series of Notes |
A1 (Moody’s)/A (S&P)/A+ (Fitch) | |
| Currency |
USD | |
| Size |
$1,000,000,000 | |
| 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 Date |
July 27, 2012 | |
| Coupon |
3.850% | |
| Payment Frequency |
Semi-Annually | |
| Day Count Convention |
30/360 | |
| Benchmark Treasury |
1.50% US Treasury due July 15, 2012 | |
| Spread to Benchmark Treasury |
+237.5 bps | |
| Benchmark Treasury Spot and Yield |
100-01; 1.489% | |
| Price to Public |
99.961% of face amount | |
| Yield to maturity |
3.864% | |
| Proceeds (Before Expenses) to Issuer |
$997,110,000 (99.711%) | |
| Interest Payment Dates |
January 27 and July 27 of each year, commencing January 27, 2010 | |
| Trade Date |
July 22, 2009 | |
| Settlement Date |
July 27, 2009 | |
| Minimum Denominations |
$1,000 x $1,000 | |
| CUSIP |
05531FAC7 | |
| Joint Bookrunners |
BB&T Capital Markets, a division of Scott & Stringfellow, LLC Morgan Stanley & Co. Incorporated UBS Securities 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, Morgan Stanley & Co. Incorporated toll-free in the United States at 1-866-718-1649, or UBS Securities LLC toll-free in the United States at 1-877-827-6444 ext. 561 3884.