News | Board Minutes | 2008

EXPORT-IMPORT BANK OF THE UNITED STATES

SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE

APRIL 8, 2008

ITEM NO 1

Country:           EL SALVADOR - Ex-Im Bank Online Case/Policy #:  422902

                                    Transaction Type:  MTR  / Medium-Term

Exporter/Supplier(s):     HM Electronics, Inc., Poway, CA,

International Trucks, Warrenville, IL,

and additional exporters/suppliers

Broker: Export Insurance Agency, Inc., Walpole, MA  

Products:          New equipment, specifically trucks, machinery and playground equipment to upgrade existing Burger King restaurants operated under a franchise

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

Credit Committee Decision:  Approved

ITEM NO 2

Country:           MEXICO - Ex-Im Bank Online Case/Policy #:  417063

                        Transaction Type:  Short-Term Financial Institution Single Buyer

                        Credit Policy (FIBC) / New

Exporter(s):      ABM Trade Corporation, Houston, TX,

Allied Fitting, LP, Houston, TX

                        and additional exporters

Supplier(s):       Energytubes L.L.C., Houston, TX and

Southern California Valve Maintenance, Santa Fe Springs, CA

Broker:             Heffernan Insurance Brokers, Portland, OR

Products:          Steel plate, fittings and valves   

Ex-Im Bank Liability (Millions):   $5 - $20

Credit Committee Decision:  Approved

ITEM NO 3

Country:           RUSSIA - Ex-Im Bank Online Case/Policy #:  420262

                        Transaction Type: MTR / Medium-Term

Exporter/Supplier:  GE Transportation & Rail, Erie, PA

Broker: Willis-FINEX Financial Solutions, New York, NY                   

Products:          Locomotive modernization kits

Ex-Im Bank Liability (Millions):  $5 - $20

Credit Committee Decision:  Approved

ITEM NO 4

Country:           ARGENTINA - Ex-Im Bank Online Case/Guarantee #:  425662

Transaction Type:  Guarantee / Medium-Term

Exporter/Supplier: Intuitive Surgical, Inc., Sunnyvale, CA

Products:          New medical equipment                       

Financed Amount:  $1,061,521

Repayment Term:   7years                   

Credit Committee Decision:  Approved