Stockholm  - Stockholm-based Carnegie Investment Bank AB on Monday unveiled plans to issue new shares worth 1.2 billion kronor (151 million dollars).

The announcement came shortly the board of the Swedish Financial Supervisory Authority (FSA) was to meet to decide on possible sanctions against Carnegie.

Carnegie has been under review after it disclosed a writedown of 1 billion kronor over "an individual credit commitment" in its recent third-quarter report.

The new issue consisted of two parts of which 400 million kronor was for a new shareholder and the rest to current owners, the investment bank said.

The new issue hinged on Carnegie keeping its licences to operate.

Trading in Carnegie shares was halted on Monday.

At the end of October, the Swedish central bank said it had agreed to raise a loan to Carnegie to 5 billion kronor (630 million dollars) although the investment bank said it might not use it in full.

The central bank and the Swedish Financial Supervisory Authority have said Carnegie was solvent.

Carnegie is engaged in stockbroking, equity analysis, equity trading, asset management and advice on corporate acquisitions in the Nordic region, and has some 1,100 employees. (dpa)