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Opus Bank Announces Pricing of Secondary Offering of Common Stock (Opus Bank)

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(Source: Opus Bank) November 18, 2015 Opus Bank Announces Pricing of Secondary Offering of Common Stock IRVINE, Calif. - November 17, 2015 - Opus Bank ('Opus') (Nasdaq: OPB) announced today the pricing of an underwritten secondary public offering of 5,479,452 shares of its common stock by investment funds affiliated with Fortress Investment Group LLC; Elliott Associates, L.P.; Starwood Capital Group Global, L.P.; Abrams Capital Management L.P.; PMG Ventures Holdings, L.P.; and Mount Kellett Master Fund II, LP (collectively, the 'Selling Stockholders'). The shares will be offered to the public at a price of $36.50 per share. The offering is expected to close on November 23, 2015, subject to...

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