Legal DealFolio - BankUnited, Inc. Initial Public Offering

Davis Polk advised Morgan Stanley & Co. Incorporated and Merrill Lynch, Pierce, Fenner & Smith Incorporated as representatives of the underwriters on the SEC-registered offering of 29,000,000 shares of common stock of BankUnited, Inc., consisting of 4,000,000 shares sold by the company and 25,000,000 shares sold by certain selling stockholders. The underwriters exercised their over-allotment option to purchase an additional 4,350,000 shares from the selling stockholders. Including the over-allotment option, total proceeds of the offering were approximately US$900 million. BankUnited's common stock is traded on the New York Stock Exchange under the symbol "BKU." The offering is the largest U.S. bank IPO in history. BankUnited, Inc. is a savings and loan holding company with two wholly owned subsidiaries: BankUnited, which is one of the largest independent depository institutions headquartered in Florida by assets, and BankUnited Investment Services, Inc. or BankUnited Investment Services, a Florida insurance agency which provides comprehensive wealth management products and financial planning services. The Davis Polk corporate team included partner Richard D. Truesdell Jr., associates Michael Segall, Yue (Mark) Li and Jessica Alvarez (not yet admitted) and former associate Shanelle van der Berg. Partner Luigi L. De Ghengi and associate E. Ashley Harris advised on bank regulatory matters. Senior counsel William H. Weigel and associate Andrew Teruo Hayashi provided tax advice. Counsel Loyti Cheng and associate Ona Oshen advised on environmental matters. Counsel Marcie A. Goldstein provided FINRA advice. Jack S. Keating was the legal assistant on the transaction. All members of the Davis Polk team are based in the New York office.

Deal Date:	02-02-2011	Practice Area:	Equity Capital Markets
Deal Title:	BankUnited, Inc. Initial Public Offering	Industry:	Banks
Description:	Davis Polk advised Morgan Stanley & Co. Incorporated and Merrill Lynch, Pierce, Fenner & Smith Incorporated as representatives of the underwriters on the SEC-registered offering of 29,000,000 shares of common stock of BankUnited, Inc., consisting of 4,000,000 shares sold by the company and 25,000,000 shares sold by certain selling stockholders. The underwriters exercised their over-allotment option to purchase an additional 4,350,000 shares from the selling stockholders. Including the over-allotment option, total proceeds of the offering were approximately US$900 million. BankUnited's common stock is traded on the New York Stock Exchange under the symbol "BKU." The offering is the largest U.S. bank IPO in history. BankUnited, Inc. is a savings and loan holding company with two wholly owned subsidiaries: BankUnited, which is one of the largest independent depository institutions headquartered in Florida by assets, and BankUnited Investment Services, Inc. or BankUnited Investment Services, a Florida insurance agency which provides comprehensive wealth management products and financial planning services. The Davis Polk corporate team included partner Richard D. Truesdell Jr., associates Michael Segall, Yue (Mark) Li and Jessica Alvarez (not yet admitted) and former associate Shanelle van der Berg. Partner Luigi L. De Ghengi and associate E. Ashley Harris advised on bank regulatory matters. Senior counsel William H. Weigel and associate Andrew Teruo Hayashi provided tax advice. Counsel Loyti Cheng and associate Ona Oshen advised on environmental matters. Counsel Marcie A. Goldstein provided FINRA advice. Jack S. Keating was the legal assistant on the transaction. All members of the Davis Polk team are based in the New York office.
Financial Center:	New York	Value:	0.00-100.00
Advised Party:	Underwriter	Law Firm	Davis Polk
Issuer Jurisdiction-	United States	Listing Jurisdiction-	United States
Classification:	Initial Public Offerings NYSE	Lawyer	Richard D Truesdell Jr

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Equity Capital Markets Law Firms and Lawyers

Practice Areas - Equity Capital Markets Law Firms and Lawyers