Filed Pursuant to Rule 433
Registration No. 333-152543
September 22, 2009
BB&T Corporation
Pricing Term Sheet
Medium-Term Notes, Series A (Senior)
$500,000,000
3.375% Senior Notes due 2013
| Issuer | BB&T Corporation | |
| Security | 3.375% Senior Notes due September 25, 2013 | |
| Ratings | A1 (Moody’s)/A (S&P)/A+ (Fitch)/AA (low) (DBRS) | |
| Currency | USD | |
| Size | $500,000,000 | |
| 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 | September 25, 2013 | |
| Coupon | 3.375% | |
| Payment Frequency | Semi-Annually | |
| Day Count Convention | 30/360 | |
| Benchmark Treasury | 3.125% US Treasury due 09/13 | |
| Spread to Benchmark Treasury | +140 bps | |
| Benchmark Treasury Spot and Yield | 104-10+; 1.999% | |
| Price to Public | 99.911% of face amount | |
| Yield to Maturity | 3.399% | |
| Proceeds (Before Expenses) to Issuer | $498,055,000 (99.611%) | |
| Interest Payment Dates | March 25 and September 25 of each year, commencing March 25, 2010 | |
| Trade Date | September 22, 2009 | |
| Settlement Date | September 25, 2009 | |
| Denominations | $1,000 x $1,000 | |
| CUSIP | 05531FAE3 | |
| Joint Bookrunners | BB&T Capital Markets, a division of Scott & Stringfellow, LLC Credit Suisse Securities (USA) LLC UBS Securities LLC | |
| Co-Managers | Blaylock Robert Van, LLC Muriel Siebert and Co., Inc. Samuel A. Ramirez & Company, Inc. The Williams Capital Group, L.P. | |
Note: A securities rating is not a recommendation to buy, sell or hold securities and should be evaluated independently of any other rating. The 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 Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the pricing supplement, the prospectus supplement and the prospectus if you request them by calling BB&T Capital Markets, a division of Scott & Stringfellow, LLC at 804-787-8221, Credit Suisse Securities (USA) LLC toll-free at 1-800-221-1037, or UBS Securities LLC toll-free at 1-877-827-6444 ext. 561 3884.