KBRA Releases Surveillance Report for BankUnited, Inc.

3 Oct 2023   |   New York

Contacts

On September 14, 2023, KBRA affirmed the senior unsecured debt rating of A-, the subordinated debt rating of BBB+, and the short-term debt rating of K2 for Miami Lakes, Florida-based BankUnited, Inc. (NYSE: BKU). In addition, KBRA affirmed the deposit and senior unsecured debt ratings of A, the subordinated debt rating of A-, and the short-term deposit and debt ratings of K1 for the bank subsidiary, BankUnited, National Association. The Outlook for all long-term ratings was revised to Negative.

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About KBRA

KBRA is a full-service credit rating agency registered in the U.S., the EU, and the UK, and is designated to provide structured finance ratings in Canada. KBRA’s ratings can be used by investors for regulatory capital purposes in multiple jurisdictions.

Doc ID: 1002378

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