News | Board Minutes | 2004

                       EXPORT-IMPORT BANK OF THE UNITED STATES

       SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE

JANUARY 9, 2004

Item No. 1

Country: Brazil              Policy No.: MSM-260034

Request For: Policy (New)

Policy Type: Single Sale/Multiple Shipments                                   

Coverage Type/Term: Comprehensive/MT

Insured:            Suntrust Bank

Buyer/Obligor:  GDK Engenharia S.A., Sao Paulo, Brazil

End-User:          GDK Engenharia S.A., Sao Paulo, Brazil

Guarantor:        None

Exporter:           MD Moody & Sons Inc., Jacksonville, FL  32207-1746

Supplier:            Terex American Crane Corp., Wilmington, NC  28412-8978

Broker:             Export Insurance Services

Product/Use:     Heavy construction equipment for use in the Brazilian oil and gas industry

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

Credit Committee Decision:  APPROVED

Item No. 2

Country: Mexico              Policy No.: MTA-260653

Request For: Policy (New)

Policy Type: Single Sale/Single Shipment                                   

Coverage Type/Term: Comprehensive/MT

Insured:               Toronto-Dominion Bank

Buyer/Obligor:    Ferremateriales de Dios, S.A. de C.V., Mazatepec, Mexico

End-User:            Same

Guarantors:         Jose Arturo Vega Orihuela and Francisco Vega Orihuela

Exporter:             San Antonio Trade Group, San Antonio, TX  78212-3421

Suppliers:            Holt Texas Ltd., San Antonio, TX  78222-4830

                              Nueces Farm Center Inc., Corpus Christi, TX  78409-2803

Broker:                Penn International

Product/Use:        New and used construction equipment

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

Credit Committee Decision:  APPROVED

           
Item No. 3

Country: Guatemala          Policy No.: MTR-261107

Request For: Policy (New)

Policy Type: Repetitive Sales

Coverage Type/Term: Comprehensive/MT

Insured:              Manufacturers & Traders Trust Company, Baltimore, MD

Buyer/Obligor:   Pantaleon S.A., Guatemala City, Guatemala

End-User:          Same

Guarantor:         None

Exporter:           Offshore Traders Inc., Miami, FL  33110-0001

Suppliers:          Inter-American Transport Equipment Company,

                           Miami, FL  33147-7540

                           Cameo Industries, Inc., Thibodaux, LA  70302-2320

Broker:              International Risk Consultants

Product/Use:      Cane and sugar processing equipment

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

Credit Committee Decision:  APPROVED

ITEM NO 4

Country EGYPT                                  AP079958XX

Request for FINAL COMMITMENT

Applicant      HSBC BANK PLC, LONDON E14 UNITED KINGDOM

Borrower       SOKHNA PORT DEVELOPMENT CO., HELIOPOLIS, CAIRO 11341          

                  EGYPT

Guarantor      NONE

Buyer          SOKHNA PORT DEVELOPMENT CO., HELIOPOLIS, CAIRO 11341

                  EGYPT

End-user       SOKHNA PORT DEVELOPMENT CO., HELIOPOLIS, CAIRO 11341          

                  EGYPT

Exporter       AMERICAN SCIENCE AND ENGRG, BILLERICA MA

Supplier       AMERICAN SCIENCE AND ENGRG, BILLERICA MA

Gteed Lender   HSBC BANK PLC, LONDON E14 UNITED KINGDOM 

Project Name SOKHNA PORT DEVELOPMENT CO.

Project Description X-RAY SYSTEM FOR CONTAINER PORT

Product Description

Financed Amount $    7,940,210

Repayment Term  10 YEARS

Credit Committee Decision APPROVED