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Rabobank steps in as Bridgepoint bites into Pret

Dutch lender Rabobank is underwriting the £350m (€465m) acquisition of UK sandwich chain Pret a Manger by buyout firm Bridgepoint which could be agreed by the weekend.

The bank has been a relatively minor player in the leveraged finance marketplace in the UK according to a banking source, confining much of its activity to its native Netherlands and wider Benelux region.

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