Initial public offering of Scandinavian Tobacco Group A/S (DK) on Nasdaq OMX Copenhagen — DKK 3.56 billion

Carnegie acted as co-lead manager in the initial public offering of Scandinavian Tobacco Group on Nasdaq OMX Copenhagen. Scandinavian Tobacco Group is a world-leading producer of cigars and traditional pipe tobacco. The Group also produces fine-cut tobacco and sells tobacco-related accessories. February 2016.