News | Board Minutes | 2009

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
June 26, 2009


ITEM NO 1	Resolution presented to Kamil P. Cook, General Counsel (Acting)
		upon her resignation.
	Board Decision: Adopted 

ITEM NO 2	Minutes of May 21, 2009, Board Meeting to be approved 
		Board Decision:  Approved

ITEM NO 3	Minutes of May 28, 2009, Board Meeting to be approved 
		Board Decision:  Approved


ITEM NO 4A
Country KOREA, SOUTH                           AP084263XX
Request for FINAL COMMITMENT

Applicant      KOREAN AIR LINES CO. LTD., SEOUL KOREA, REP OF
Borrower       SPV/KOREAN AIR LINES, SEOUL KOREA, REP OF
Buyer          SPV/KOREAN AIR LINES, SEOUL KOREA, REP OF
End-user       KOREAN AIR LINES CO. LTD., SEOUL KOREA, REP OF
Exporter       BOEING COMPANY, THE, EVERETT WA
Supplier       GENERAL ELECTRIC COMPANY, CINCINNATI OH
Supplier	   BOEING COMPANY, THE, EVERETT WA
Gteed Lender   CALYON CORPORATE AND INVESTMENT BANKING, NEW YORK NY
Cofin ECA	   EXPORT IMPORT BANK OF KOREA (¿KEXIM¿), SEOUL 150973 KOREA, REP OF

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

Board Decision APPROVED
 
                        EXPORT-IMPORT BANK OF THE UNITED STATES
                  SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
                                   JUNE 26, 2009

ITEM NO 4B
Country KOREA, SOUTH                           PC084265XX
Request for PRELIMINARY COMMITMENT

Applicant      KOREAN AIR LINES CO. LTD., SEOUL KOREA, REP OF
Borrower       SPV/KOREAN AIR LINES, SEOUL KOREA, REP OF
Buyer          SPV/KOREAN AIR LINES, SEOUL KOREA, REP OF
End-user       KOREAN AIR LINES CO. LTD., SEOUL KOREA, REP OF
Exporter       BOEING COMPANY, THE, EVERETT WA
Supplier       BOEING COMPANY, THE, EVERETT WA
Supplier       GENERAL ELECTRIC COMPANY, CINCINNATI OH
Gteed Lender   CALYON CORPORATE AND INVESTMENT BANKING, NEW YORK NY

Project Name NONE
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
PC Expiry Date 01/14/10

Board Decision APPROVED



ITEM NO 5A
Country NORWAY                                 AP084213XX
Request for FINAL COMMITMENT

Applicant      NORWEGIAN AIR SHUTTLE ASA, FORNEBU, AKERSHUS 1330 NORWAY
Borrower       SPV/NORWEGIAN AIR SHUTTLE ASA, 1330 FORNEBU NORWAY
Buyer          SPV/NORWEGIAN AIR SHUTTLE ASA, 1330 FORNEBU NORWAY
End-user       NORWEGIAN AIR SHUTTLE ASA, FORNEBU, AKERSHUS 1330 NORWAY
Exporter       BOEING COMPANY, THE, RENTON WA
Supplier       BOEING COMPANY, THE, RENTON WA
Supplier       CFM INTERNATIONAL INC, CINCINNATI OH
Gteed Lender   PRIVATE EXPORT FUNDING CORP, NEW YORK NY
Lessor         SPV/NORWEGIAN AIR SHUTTLE ASA, 1330 FORNEBU NORWAY
Lessee         NORWEGIAN AIR SHUTTLE ASA, FORNEBU, AKERSHUS 1330 NORWAY

Project Name NONE
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT

Board Decision REFER TO CONGRESS
 
                        EXPORT-IMPORT BANK OF THE UNITED STATES
                  SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
                                   JUNE 26, 2009

ITEM NO 5B
Country NORWAY                                 PC084212XX
Request for PRELIMINARY COMMITMENT

Applicant      NORWEGIAN AIR SHUTTLE ASA, FORNEBU, AKERSHUS 1330 NORWAY
Borrower       SPV/NORWEGIAN AIR SHUTTLE ASA, 1330 FORNEBU NORWAY
Buyer          SPV/NORWEGIAN AIR SHUTTLE ASA, 1330 FORNEBU NORWAY
End-user       NORWEGIAN AIR SHUTTLE ASA, FORNEBU, AKERSHUS 1330 NORWAY
Exporter       BOEING COMPANY, THE, RENTON WA
Supplier       BOEING COMPANY, THE, RENTON WA
Supplier       CFM INTERNATIONAL INC, CINCINNATI OH
Gteed Lender   FINANCIAL INSTITUTION ACCEPTABLE TO EIB, UNKNOWN ZZ
Lessor         SPV/NORWEGIAN AIR SHUTTLE ASA, 1330 FORNEBU NORWAY
Lessee         NORWEGIAN AIR SHUTTLE ASA, FORNEBU, AKERSHUS 1330 NORWAY

Project Name NONE
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT

Board Decision REFER TO CONGRESS



ITEM NO 6
Country BAHRAIN                                AP084101XX
Request for FINAL COMMITMENT

Applicant      AL DUR POWER AND WATER COMPANY, MAN/DIPL, KINGDOM OF BAHRAIN BAHRAIN
Borrower       AL DUR POWER AND WATER COMPANY, MAN/DIPL, KINGDOM OF BAHRAIN BAHRAIN
Guarantor      NONE
Buyer          AL DUR POWER AND WATER COMPANY, MAN/DIPL, KINGDOM OF BAHRAIN BAHRAIN
End-user       AL DUR POWER AND WATER COMPANY, MAN/DIPL, KINGDOM OF BAHRAIN BAHRAIN
Exporter       GENERAL ELECTRIC COMPANY, SCHENECTADY NY
Exporter       GENERAL ELECTRIC COMPANY, FAIRFIELD CT
Exporter       ADDITIONAL EXPORTERS
Supplier       GENERAL ELECTRIC COMPANY, SCHENECTADY NY
Supplier       GENERAL ELECTRIC COMPANY, FAIRFIELD CT
Supplier       ADDITIONAL SUPPLIERS

Project Name AL DUR IWPP
Project Description COMBUSTION TURBINE POWER PLANT
Product Description GAS TURBINES 

Board Decision REFER TO CONGRESS


ITEM NO 7	COUNTRY REVIEW
		Board Decision:   Approved changes to the Country Limitation Schedule 				(CLS) to be effective July 2, 2009.