BankUnited Prices 9M Share Secondary Offering at $30.75/Share
BankUnited (NYSE: BKU) announced today the pricing
of an underwritten offering of 9,000,000 shares of its common stock by
certain of its existing stockholders (collectively, the "Selling
Stockholders") at $30.75 per share.
The Company will not receive any proceeds from the offering. In
connection with the offering, the underwriters have a 30-day option to
purchase an additional 1,350,000 shares in the offering from the Selling
The offering is being made pursuant to a registration statement on Form
S-3 filed with the Securities and Exchange Commission on March 6, 2013.
J.P. Morgan Securities LLC, BofA Merrill Lynch and Morgan Stanley & Co.