News | Board Minutes | 2004

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
JUNE 24, 2004

ITEM NO 1 Minutes of  May 21, 2004  Board Meeting to be approved.
Board Decision:  APPROVED

ITEM NO 2 Minutes of May 27, 2004 Board Meeting to be approved.
Board Decision:  APPROVED

ITEM NO 3 Minutes of June 3, 2004 Board Meeting to be approved.
Board Decision:  APPROVED

ITEM NO 4 Minutes of June 10, 2004 Board Meeting to be approved.
Board Decision:  APPROVED

ITEM NO 5
Country ALGERIA                                 AP079979XX
Request for FINAL COMMITMENT    Conversion No  1

Applicant      SONATRACH, ALGIERS ALGERIA
Borrower       SONATRACH, ALGIERS ALGERIA
Guarantor      NONE
Buyer          SONATRACH, ALGIERS ALGERIA
End-user       SONATRACH, ALGIERS ALGERIA
Exporter       SOLAR TURBINES INC., SAN DIEGO CA
Exporter       BENTLY NEVADA CORPORATION, MINDEN NV
Exporter       ADDITIONAL EXPORTERS
Supplier       SOLAR TURBINES INC., SAN DIEGO CA
Supplier       BENTLY NEVADA CORPORATION, MINDEN NV
Supplier       ADDITIONAL SUPPLIERS
Gteed Lender   FORTIS CAPITAL CORP, STAMFORD CT

Project Name  NONE
Project Description UPGRADES TO GAS PIPELINE CONTROLS
Product Description MARK VI CONTROL SYSTEMS
Financed Amount $   39,347,924
Repayment Term  10 YEARS

Board Decision APPROVED

                        EXPORT-IMPORT BANK OF THE UNITED STATES
                  SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
                                   JUNE 24, 2004

ITEM NO 6
Country NIGERIA                                AP080211XX
Request for FINAL COMMITMENT

Applicant      TORONTO-DOMINION BANK, HOUSTON TX
Borrower       ODU'A INVESTMENT COMPANY, LTD., OYO STATE NIGERIA
Guarantor      ACCESS BANK NIGERIA PLC, LAGOS NIGERIA
Guarantor      WEMA BANK PLC, LAGOS NIGERIA
Guarantor      UNION BANK OF NIGERIA PLC, LAGOS NIGERIA
Buyer          ODU'A TELECOMS LIMITED, DUGBE NIGERIA
End-user       ODU'A TELECOMS LIMITED, DUGBE NIGERIA
Exporter       TORONTO-DOMINION BANK, HOUSTON TX
Exporter       HARRIS CORPORATINON, REDWOOD CITY CA
Supplier       TORONTO-DOMINION BANK, HOUSTON TX
Supplier       MARCONI CMMUNICATIONS HOLDINGS, WARRENDALE PA
Supplier       ADDITIONAL SUPPLIERS
Gteed Lender   TORONTO-DOMINION BANK, HOUSTON TX

Project Name ODU'A TELECOMS FWA NETWORK
Project Description FIXED WIRELESS ACCESS SYSTEM
Product Description MEGASTAR MICROWAVE SYSTEM & INTEGRATION
Financed Amount $   10,434,244
Repayment Term  5 YEARS

Board Decision APPROVED

ITEM NO 7
Country AUSTRALIA                               AP080450XX
Request for FINAL COMMITMENT   Conversion No  1

Applicant      VIRGIN BLUE AIRLINES PTY LIMITED, BRISBANE 4006 AUSTRALIA
Borrower       SPV/VIRGIN BLUE AIRLINES PTY LIMITED, BRISBANE 4006 AUSTRALIA
Guarantor      NONE
Buyer          SPV/VIRGIN BLUE AIRLINES PTY LIMITED, BRISBANE 4006 AUSTRALIA
End-user       VIRGIN BLUE AIRLINES PTY LIMITED, BRISBANE 4006 AUSTRALIA
Exporter       BOEING COMPANY, THE, RENTON WA
Supplier       CFM INTERNATIONAL INC, CINCINNATI OH
Supplier       BOEING COMPANY, THE, RENTON WA
Gteed Lender   ROYAL BANK OF SCOTLAND PUBLIC LIMITED CO, CAUSEWAY BAY, HONG KONG CITY HONG KONG
Lessor         SPV/VIRGIN BLUE AIRLINES PTY LIMITED, BRISBANE 4006 AUSTRALIA
Lessee         VIRGIN BLUE AIRLINES PTY LIMITED, BRISBANE 4006 AUSTRALIA

Project Name NONE
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT

Board Decision REFER TO US CONGRESS
 
                        EXPORT-IMPORT BANK OF THE UNITED STATES
                  SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
                                   JUNE 24, 2004

ITEM NO 8
Country IRELAND                                 AP078492XX
Request for FINAL COMMITMENT   Conversion No  3

Applicant      RYANAIR HOLDINGS PLC, CLOGHRAN IRELAND
Borrower       SPV/RYANAIR LTD., CLOGHRAN IRELAND
Guarantor      RYANAIR HOLDINGS PLC, CLOGHRAN IRELAND
Buyer          SPV/RYANAIR LTD., CLOGHRAN IRELAND
End-user       RYANAIR LTD., CLOGHRAN IRELAND
Exporter       BOEING COMPANY, THE, RENTON WA
Supplier       CFM INTERNATIONAL INC, CINCINNATI OH
Supplier       BOEING COMPANY, THE, RENTON WA
Gteed Lender   LLOYDS TSB BANK PLC, LONDON EC2V7HN UNITED KINGDOM
Lessor         SPV/RYANAIR LTD., CLOGHRAN IRELAND
Lessee         RYANAIR LTD., CLOGHRAN IRELAND

Project Name  NONE
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
Repayment Term  12 YEARS

Board Decision APPROVED