Initial public offering of XXL ASA (NO) on Oslo Stock Exchange – NOK 3 billion

Carnegie acted as joint book-runner in the initial public offering of XXL on Oslo Stock Exchange. XXL is the fastest growing sports retailer in the Nordic region, with a consistent track record of strong store roll-out, revenue, EBITDA and net income growth. XXL operates 39 large unit stores in Norway, Sweden and Finland, as well as an established e-commerce platform in all three countries.October 2014.