BankUnited redeems $400 million of 4.875% senior notes due 2025 at par
BankUnited, Inc. completed the redemption of all $400 million of its outstanding 4.875% Senior Notes due 2025 on August 22, 2025, as previously disclosed on July 23, 2025. The notes were redeemed at 100% of principal plus accrued and unpaid interest, under the terms of the indenture with U.S. Bank Trust Company as trustee. The filing describes the redemption as completed under the indenture's terms and does not state a financial impact on earnings.
- Redemption amount: $400 million aggregate principal of 4.875% Senior Notes due 2025
- Redemption price: 100% of principal plus accrued and unpaid interest to but excluding August 22, 2025
- Notice to trustee was given on July 22, 2025; redemption completed August 22, 2025
- Trustee: U.S. Bank Trust Company, National Association, under a November 17, 2015 indenture