News | Board Minutes | 2003

                      EXPORT-IMPORT BANK OF THE UNITED STATES

              SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS

                                   APRIL 24, 2003

ITEM NO 1

Country ROMANIA                                AP079329XX

Request for FINAL COMMITMENT

Applicant      SOCIETE GENERALE, NEW YORK NY

Borrower       SOCIETATEA NATIONALA DE RADIOCOMUNICATII, BUCHAREST 70060 ROMANIA

Guarantor      MINST OF FINANCE, SECTOR 1, BUCHAREST ROMANIA

Buyer          SOCIETATEA NATIONALA DE RADIOCOMUNICATII, BUCHAREST 70060 ROMANIA

End-user       SOCIETATEA NATIONALA DE RADIOCOMUNICATII, BUCHAREST 70060 ROMANIA

Exporter       SOCIETE GENERALE, NEW YORK NY

Exporter       GLOBECOMM SYSTEMS, INC., HAUPPAUGE NY

Supplier       SOCIETE GENERALE, NEW YORK NY

Supplier       GLOBECOMM SYSTEMS, INC., HAUPPAUGE NY

Supplier       ADDITIONAL SUPPLIERS

Gteed Lender   SOCIETE GENERALE, NEW YORK NY

Project Name CHEIA

Project Description CHEIA EARTH STATION UPGRADES

Product Description SYSTEM INTEGRATION

Financed Amount USD   14,590,743

Repayment Term  10 YEARS

Board Decision APPROVED