Initial public offering of SATS ASA (NO) on the Oslo Stock Exchange – NOK 1.5 billion

Carnegie acted as joint global bookrunner and joint bookrunner in the initial public offering of SATS on the Oslo Stock Exchange. SATS is the leading fitness club operator in the Nordic region and the third largest player in Europe in terms of revenues. The Company operates a full-service model and offers an extensive and high quality range of training concepts to close to 700 thousand members through its 248 conveniently located clubs. October 2019.