The coffee and sandwich chain has appointed RBS, Bank or Ireland, HSBC, Societe Generale, Radobank and ING to help secure a £375m loan.
The funds will be used to refinance debts and pay a dividend to Bridgepoint, said Reuters, citing people familiar with the deal.
Bridgepoint acquired the company in 2008 in a deal that included £185m in senior loans and a £35m mezzanine loan.
This is not the first dividend recapitalisation deal for Bridgepoint this year.
The firm is planning to receive a €160m payout from sports marketing business Infront Sports & Media, banking sources told Reuters. Earlier this year it was reported that Bridgepoint looking to raise more debt for its portfolio company CABB for a dividend recapitalisation.
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