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Article: BankUnited Requests Withdrawal of Moody's Ratings.
- Article from:
- PR Newswire
- Article date:
- March 11, 2003
CopyrightCOPYRIGHT 2003 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BankUnited Financial Corporation , parent company of BankUnited FSB, has requested that Moody's Investor Services withdraw its ratings of the Company's subsidiaries, BankUnited FSB, BankUnited Capital, BankUnited Capital II and BankUnited Capital III, which were involved in the issue of certain indebtedness, including trust preferred securities.
(Photo: http://www.newscom.com/cgi-bin/prnh/20010725/FLW025LOGO )
This request followed BankUnited's recent call for redemption of its 9.60% Cumulative Trust Preferred Securities , which had been rated by Moody's. BankUnited has indicated that certain of its other trust preferred securities, also previously ...