Caixa - Banco de Investimento, SA

Caixa – Banco de Investimento, S.A. (CaixaBI) is the investment banking subsidiary of Caixa Geral de Depósitos, S.A., a state-owned Portuguese banking group, headquartered in Lisbon and focused on wholesale clients. The bank provides corporate finance advisory (including mergers and acquisitions, restructurings, privatizations, valuations, and fairness opinions), capital markets origination and placement across equity and debt (IPOs, follow-ons, rights issues, block trades, bonds, commercial paper, securitizations), structured, project and acquisition finance, and risk management solutions using derivatives for professional clients. It also conducts sales and trading/brokerage and acts as a financial intermediary in Portuguese and international markets, with activity aligned to MiFID II requirements; research and market commentary are typically directed to institutional and professional investors. CaixaBI is authorized and supervised in Portugal within the CGD group framework and is subject to applicable EU banking and securities regulation; at group level, prudential supervision falls under the European banking union architecture, while securities intermediation is overseen domestically. Client coverage is oriented to corporates, financial institutions, infrastructure sponsors, and the public sector, with distribution into the local investor base and cross-border placements where feasible; documentation and disclosures are commonly in Portuguese, with selected materials available in English. The bank arranges sustainable finance instruments (such as green, social, or sustainability-linked structures) when mandated and in line with prevailing market standards. Pricing is transaction-based for advisory and underwriting, with brokerage commissions and financing margins set case by case; access is via relationship teams rather than retail channels, and onboarding follows AML/KYC and suitability processes. Key considerations include a business profile concentrated in Portugal and Lusophone links, exposure to domestic market conditions for deal flow and liquidity, reliance on the parent’s balance sheet and risk appetite for underwriting and lending, and potential conflicts of interest across advisory, lending, and markets activities managed under internal policies. The platform is oriented to issuers and institutional investors seeking structuring, distribution, and market access in Portugal and related markets rather than to retail clients.