Opus Bank Announces Launch of Secondary Offering of Common Stock

Go back to Opus Bank Announces Launch of Secondary Offering of Common Stock

Opus Bank (OPB) Prices Upsized 5.5M Secondary Offering at $36.50/Share

November 18, 2015 9:22 AM EST

Opus Bank (NASDAQ: OPB) announced 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... More

Opus Bank (OPB) Commences 5.1M Share Secondary Offering of Common Stock

November 16, 2015 4:38 PM EST

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... More