BB&T Corporation Message Board

Interesting that investors made this same exact call in February, and were dead wrong then. Seems inevitable that BBT will end up with and extraordinary call on their Cap Trust Preferreds, but not clear when that will be. Probably will see these guessing games and price volatility right up until that time.

true, it can be called at anytime.

the only thing is if the bank is interested in retiring a security that is considered to be an 'equity' not a 'debt' until 2014.

plus, it raised the dividend for common stock - so i'm not sure if the company can raise the dividend and retire the preferred at the same time given the credit market situation.