Carnegie acted as joint global co-ordinator in the initial public offering of East Capital Explorer AB on the OMX Nordic Exchange Stockholm. Following strong demand, the initial offering was increased by 40 per cent to EUR 365 million. Including shares issued in the over-allotment option the total offer amounted to EUR 391 million. East Capital Explorer AB is a newly formed Swedish company, created with the specific aim of bringing unique investment opportunities in Eastern Europe to a broader investor base. November, 2007.