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Export Import Bank of the United States

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News | Board Minutes | 2008

 

EXPORT-IMPORT BANK OF THE UNITED STATES

SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE

MARCH 21, 2008

ITEM NO 1

Country:                       COSTA RICA - Ex-Im Bank Online Case/Policy #:  423223

                                    Transaction Type:  Short-Term Financial Institution Single Buyer

                                    Credit Policy (FIBC) / (replaces FB-405509) / Renewal

Exporter/Supplier:         Archer Daniels Midland Company, Decatur, IL

Broker:             One Source Risk Management & Funding, Stafford, TX          

Products:                      Corn and soybean / soy meal to feed livestock

Ex-Im Bank Liability (Millions):  $5 - $20

Credit Committee Decision:  Approved

 

ITEM NO 2

Country:                       COSTA RICA - Ex-Im Bank Online Case/Policy #:  422217

                                    Transaction Type:  Short-Term Financial Institution Single Buyer

                                    Credit Policy (FIBC) / New

Exporter/Supplier:         Alliance Grain Cooperative, Gibson City, IL

Exporter/Supplier:         Archer Daniels Midland Company, Decatur, IL

Broker:             Export Insurance Agency, Inc., Walpole, MA

Products:                      Bulk agricultural commodities to feed poultry

Ex-Im Bank Liability (Millions):  $1 - $5

Credit Committee Decision:  Approved

 

ITEM NO 3

Country:                       MEXICO - Ex-Im Bank Online Case/Guarantee #:  419272

                                    Transaction Type:  Guarantee / Medium-Term

Exporter/Supplier:         Homebeck Offshore Services, Inc., Covington, LA

Products:                       Dry dock work and used crew vessel

Financed Amount:         $4,713,300

Repayment Term:         7 years                        

Credit Committee Decision:  Approved

 
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