BankUnited raised $783 million in its IPO, which involved 29 million shares of common stock each priced at $27, above the expected $23 to $25 range. The savings and loan holding company sold 4 million of the shares, the proceeds from which will be used for general corporate purposes. The other 25 million were sold by certain stockholders, including W.L. Ross & Co., The Carlyle Group, Centerbridge Partners and The Blackstone Group. BankUnited's stock rose during its first day trading on the NYSE under the symbol BKU, closing up at $28.40.