Calyon has been mandated Underwriting Mandated Lead Arranger in a USD 500 million syndicated term loan facility for Arab Bank. The facility is for general corporate purposes. It has a 5-year bullet maturity and pays a margin of 25 basis points over LIBOR. This inaugural syndicated loan of Arab Bank has been very well received by the market. Though the facility was largely oversuscribed, Arab Bank decided not to increase its amount.