

Continuing Education Credit Offered: CPE, Generic
In any ESOP transaction, different financing structures can have different outcomes for the company and the selling shareholders. This session will cover the pros and cons of various financing options for leveraged ESOP transactions, such as senior and subordinated debt and seller financing. We will also review how each option impacts the company and the selling shareholders post-transaction.
Learning Objectives
1) Understand the differences between senior debt, subordinated debt (or “mezzanine financing”), and seller financingEd is President and CEO of SES ESOP Strategies and Co-Chair of the ESOP Group at Stevens & Lee. He is dedicated to helping companies create long-term sustainable employee ownership and bringing best practices to the ESOP community. He helps companies navigate the complexities of ESOPs and advises business owners on selling their companies to employees through an ESOP. Ed holds a JD from Georgetown University and a BA from Catholic University of America.