News | Board Minutes | 2003

                        EXPORT-IMPORT BANK OF THE UNITED STATES
                          SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE
                                                 JUNE 20, 2003

ITEM NO 1

Country TURKEY                                 AP079571XX
            Request for FINAL COMMITMENT

Applicant      CITIBANK N.A., NEW YORK NY
            Borrower       AKENERJI ELEK URETIM VE OTOPRODUK GRUBU, ISTANBUL TURKEY
            Guarantor     NONE
            Buyer           AKENERJI ELEK URETIM VE OTOPRODUK GRUBU, ISTANBUL TURKEY
            End-user      AKENERJI ELEK URETIM VE OTOPRODUK GRUBU, ISTANBUL TURKEY
            Exporter       GENERAL ELECTRIC COMPANY, SCHENECTADY NY
            Supplier       GENERAL ELECTRIC COMPANY, SCHENECTADY NY
            Gteed Lender   CITIBANK N.A., NEW YORK NY 

Project Name KEMALPASHA POWER PLANT PROJECT
            Project Description FRAME 6C COMBUSTION TURBINE GENERATORS
            Product Description EQUIPMENT & SERVICES
            Financed Amount $    9,969,238
            Repayment Term  7 YEARS

            Credit Committee Decision APPROVED 

Item No. 2  withdrawn 

ITEM NO 3

Country BULGARIA                               AP079541XX
            Request for FINAL COMMITMENT 

Applicant      RIGGS BANK N.A., WASHINGTON DC
            Borrower       ANACONDA EOOD, PLEVEN 5800 BULGARIA
            Guarantor      GEORGIEVA, TANYA NIKOLAEVA (MRS.), PLEVEN 5800 BULGARIA
            Buyer          ANACONDA EOOD, PLEVEN 5800 BULGARIA
            End-user       ANACONDA EOOD, PLEVEN 5800 BULGARIA
            Exporter       SOMERSET TRADE FINANCE LLC, WASHINGTON DC
            Supplier       WENTWORTH MOLD, INC., VANDALIA OH
            Gteed Lender   RIGGS BANK N.A., WASHINGTON DC 

Project Description PLASTIC PRE-FORM PRODUCTION
            Product Description PLASTICS MANUFACTURING MACHINERY
            Financed Amount $     1,062,086
            Repayment Term  5 YEARS

Credit Committee Decision APPROVED          

            Item No. 4

                Country: Mexico            Policy No.: MSM-                              252312                                                                            

               Request For: Policy (New)    Policy Type: Single Sale/Multiple Shipments                                  

              Coverage Type/Term: Comprehensive/MT

          Insured:            Allfirst Bank Division of M&T Bank, 21201-3330

             Buyer/Obligor:            Vallecillos, S.P.R. de R.L., Cuauhtemoc, Mexico

             Guarantors:            Mr. Carlos Corral Robles, Cuauhtemoc, Mexico

             End-User:                Same as buyer                         

            Exporters:            Machinery & Parts Exportex Co., El Paso, TX  79936-2053

            Suppliers:            Mueller Supply Co., Inc., Ballinger, TX  76821-4401

Watson Refrigeration Company Inc., Tuczon, AZ, 85714-2113

 and additional suppliers

           Broker:   International Risk Consultants, Columbus, OH 

           Product/Use:           Controller atmosphere storage facility for the storing of apples

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

          Credit Committee Decision:  APPROVED