Filed Pursuant to Rule 433
Registration No. 333-152543
BB&T Corporation
Pricing Term Sheet
Medium-Term Notes, Series A (Senior)
$500,000,000
3.95% Senior Notes due 2016
| Issuer | BB&T Corporation | |
| Security | 3.95% Senior Notes due April 29, 2016 | |
| 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). | |
| Maturity | April 29, 2016 | |
| Coupon | 3.95% | |
| Payment Frequency | Semi-Annually | |
| Day Count Convention | 30/360 | |
| Benchmark Treasury | 2.500% US Treasury due 2015 | |
| Spread to Benchmark Treasury | +140 bps | |
| Benchmark Treasury Spot and Yield | 99-21 1/4; 2.573% | |
| Price to Public | 99.878% of face amount | |
| Yield to Maturity | 3.973% | |
| Proceeds (Before Expenses) to Issuer | $498,390,000 (99.678%) | |
| Interest Payment Dates | April 29th and October 29th of each year, commencing October 29, 2010 | |
| Trade Date | April 26, 2010 | |
| Settlement Date | April 29, 2010 | |
| Denominations | $1,000 x $1,000 | |
| CUSIP | 05531FAF0 | |
| Joint Bookrunners | BB&T Capital Markets, a division of Scott & Stringfellow, LLC Deutsche Bank Securities Inc. UBS Securities LLC | |
| Co-Managers | Blaylock Robert Van, LLC Lebenthal & Co., 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 website 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; Deutsche Bank Securities Inc. toll-free at 1-800-503-4611; or UBS Securities LLC toll-free at 1-877-827-6444 ext. 561 3884.