(Source: Opus Bank) November 16, 2015 Opus Bank Announces Launch of Secondary Offering of Common Stock IRVINE, Calif. - November 16, 2015 - Opus Bank ('Opus') (Nasdaq: OPB) announced today the launch of an underwritten secondary public offering of 5,112,474 shares of its common stock by investment funds affiliated with Fortress Investment Group LLC; Elliott Associates, L.P.; Starwood Capital Group Global, LP; Abrams Capital Management L.L.C.; PMG Ventures Holdings, L.P.; and Mount Kellett Master Fund II, LP (collectively, the 'Selling Stockholders'). The offering is expected to close on November 23, 2015, subject to customary closing conditions. Opus will not receive any proceeds from the...
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