1. Citi appointed as depositary bank for BRBI's ADR program. 2. BRBI specializes in financial advisory and capital markets in Brazil. 3. BRBI's ADS began trading on Nasdaq under ticker 'BRBI' in September 2025. 4. Citi aims to leverage its global network for clients like BRBI.
Citi's role in supporting BRBI can enhance its market prestige. Similar engagements have historically boosted financial service firms' reputations and client base.
Citi's involvement with BRBI marks a significant operational expansion, reflecting its strength in capital markets, which can positively influence investor confidence.
Immediate benefits through increased client engagement and market visibility are anticipated. Past examples show such partnerships often lead to quick market reactions.
Citi Issuer Services, acting through Citibank, N.A., has been appointed by BRBI BR Partners S.A. ("BRBI") as depositary bank for its sponsored Level 2 American Depositary Receipt ("ADR") program.
BRBI, through its subsidiaries, is an independent investment bank in Brazil specializing in financial advisory for mergers and acquisitions, capital markets, structured and investment products, private equity, financial restructurings, and wealth management services. The company serves multinational companies, families and investment funds.
The American Depositary Shares (ADS) of BRBI commenced trading on the Nasdaq Stock Exchange under the ticker "BRBI" on September 17, 2025. Each ADR represents four units (each of which is composed of one common share and two preferred shares) of the company. The company's underlying units are listed and traded on the Brazilian B3 Stock Exchange under the symbol "BRBI11".
Dirk Jones, Global Head of Citi Issuer Services, said: "At Citi, we continue to be a trusted partner for issuers, backed by our industry-leading ADR solutions, comprehensive global network and deep capital markets expertise. We are committed to supporting clients like BRBI to facilitate seamless access to global capital markets, maximizing their growth potential."
Citi is a leading provider of depositary receipt services. With depositary receipt programs in over 65 markets, spanning equity and fixed-income products, Issuer Services leverages Citi's global network to provide cross-border capital market access to issuers, intermediaries and investors.
For more information on Citi's Depositary Receipt Services, visit www.citi.com/dr.
About Citi
Citi is a preeminent banking partner for institutions with cross-border needs, a global leader in wealth management and a valued personal bank in its home market of the United States. Citi does business in nearly 180 countries and jurisdictions, providing corporations, governments, investors, institutions and individuals with a broad range of financial products and services.
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