BankUnited Financial files debt securities, stock shelf

By Angela McDaniels

Seattle, April 18 - BankUnited Financial Corp. filed an automatic shelf registration in an S-3ASR filing with the Securities and Exchange Commission on Tuesday.

Covered by the shelf are debt securities, class A common stock, securities purchase contracts and securities purchase units. Debt securities may be structured as convertibles.

Proceeds will be used for general corporate purposes, which may include developing new branch offices and operations centers, acquisitions, repurchasing or redeeming outstanding debt, investing in loans and mortgage-backed or other securities and funding working capital needs.

BankUnited Financial is the holding company for BankUnited, a consumer bank based in Coral Gables, Fla.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.