News | Board Minutes | 2004

            EXPORT-IMPORT BANK OF THE UNITED STATES        

SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE

                                                           APRIL 23, 2004

Item No. 1

Country: Philippines   -   Policy No.: MTA-265256                                                                           

Request For: Commitment(New)                 

Policy Type: Single Sale/Single Shipment                                          

Coverage Type/Term: Comprehensive/MT

Insured:           Guaranty Bank of California, Monterey Park, CA  91754-2857

Buyer:              JCA Marketing, Cabanatuan City, Philippines      

Borrower:        Same as buyer

End-User(s):    Same as buyer                        

PSOR:              Same as buyer

Guarantor(s):   Mr. Jaime D. Austria, Cabanatuan City, Philippines

Exporter(s):      ECCO, Montebello, CA  90640-3475

Supplier(s):       1)  Reed Manufacturing, Chino, CA, 91710-7008

                           2)  SJF Material Handling Equipment, Winstead, MN  55395-7722

Insurance Broker:   Meridian Finance Group, Santa Monica, CA

Product Description:   New Industrial machinery and equipment

Use of Products:  For use in the buyer's domestic swine operations.

Ex-Im Bank Liability (Millions): $0 - $1

Credit Committee Decision:  APPROVED

ITEM NO 2

Country TURKEY                                 AP080550XX

Request for FINAL COMMITMENT

Applicant      BANK OF NEW YORK, NEW YORK NY

Borrower       HURRIYET GAZETECILIK VE MATBAACILIK, AS, KIRECOCAGI
                MEVKII, ISTANBUL 34544 TURKEY

Guarantor      DOGAN DAGITIM SATIS VE PAZARLAMA A.S., ESENYURT, ISTANBUL TURKEY

Guarantor      DOGAN DIS TICARET VE MUMESSILLIK A.S., USKUDAR, ISTANBUL
                 34662 TURKEY

Buyer          HURRIYET GAZETECILIK VE MATBAACILIK, AS, KIRECOCAGI
                 MEVKII, ISTANBUL 34544 TURKEY

End-user       HURRIYET GAZETECILIK VE MATBAACILIK, AS, KIRECOCAGI
                 MEVKII, ISTANBUL 34544 TURKEY

Exporter       TENSOR GROUP INC, WOODRIDGE IL

Supplier       TENSOR GROUP INC, WOODRIDGE IL

Gteed Lender   BANK OF NEW YORK, NEW YORK NY

Project Name NONE

Project Description OTHER COMMERCIAL PRINTING

Product Description NEW PRINTING PRESSES & SPARE PARTS

Financed Amount $    7,267,118

Repayment Term  5 YEARS

Credit Committee Decision APPROVED