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Green Bancorp announces common stock offering by selling shareholders

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Green Bancorp announces common stock offering by selling shareholders

Green Bancorp Inc. announced an underwritten public offering of 2 million common shares by selling shareholders.

The selling stockholders expect to grant the underwriters a 30-day option to buy up to an additional 300,000 shares of common stock. The Houston-based company will not receive any proceeds from the offering.

A prospectus lists the shareholders as Stephen Eisenstein, investment funds affiliated with Friedman Fleischer & Lowe LLC, investment funds affiliated with Harvest Partners and investment funds affiliated with Pine Brook Road Partners.

Barclays Capital Inc. is acting as the sole underwriter for the offering.