Calyon acted as Arranger in a USD 300 million FMO A/B Loan for Nextel Brazil. The transaction was structured by Netherlands Development Finance Company (FMO) and Calyon participated as Arranger in the B loan. The funding was used for Nextel Brazil to expand its operations in the country, investing in both network coverage and capacity. Nextel Brazil is a niche non-GSM mobile service provider, focused on corporate customers in selected urban areas.