Eastern Bank Provides Financing for BostonbeaN Coffee’s Transition to Employee Ownership

Reuters

6 hours ago

Eastern Bank Provides Financing for BostonbeaN Coffee’s Transition to Employee Ownership

Eastern Bankshares Inc., through its subsidiary Eastern Bank, has provided financing to support the conversion of BostonbeaN Coffee Company to a 100% employee-owned business. The financing package includes a term loan to facilitate the creation of an Employee Stock Ownership Plan (ESOP) and a revolving line of credit to support BostonbeaN’s ongoing working capital needs. This transaction highlights Eastern Bank’s expertise in ESOP-related financing and its commitment to offering comprehensive banking services to support clients’ growth and operational transitions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Eastern Bankshares Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260212363189) on February 12, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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The financing package includes a term loan to facilitate the creation of an Employee Stock Ownership Plan  and a revolving line of credit to support BostonbeaN’s ongoing working capital needs. This transaction highlights Eastern Bank’s expertise in ESOP-related financing and its commitment to offering comprehensive banking services to support clients’ growth and operational transitions.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Eastern Bankshares Inc. published the original content used to generate this news brief via Business Wire  on February 12, 2026, and ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4211":"区域性银行","EBC":"Eastern Bankshares Inc"},"translate_title":"东方银行为BostonbeaN Coffee向员工持股过渡提供融资","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"EBC":0.9},"content_text":"Eastern Bank Provides Financing for BostonbeaN Coffee’s Transition to Employee Ownership\n    \n\nEastern Bankshares Inc., through its subsidiary Eastern Bank, has provided financing to support the conversion of BostonbeaN Coffee Company to a 100% employee-owned business. The financing package includes a term loan to facilitate the creation of an Employee Stock Ownership Plan (ESOP) and a revolving line of credit to support BostonbeaN’s ongoing working capital needs. 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