News | Board Minutes | 2004

          EXPORT-IMPORT BANK OF THE UNITED STATES         

SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE

                                                                  JUNE 4, 2004

Item No 1

Country: HONDURAS   -   Policy No.: MTR-267906

Request For: Policy (New)   

Policy Type: Multiple Sales/Multiple Shipments                                          

Coverage Type/Term: Comprehensive/MT

Insured:        WorldBusiness Capital, Inc., Hartford, CT  06103

Buyer:           Comercial Laeisz S.A. de C.V., Tegucigalpa, Honduras

Borrower:      Same as buyer

End-User:      Same as buyer                        

PSOR:            Same as buyer

Guarantors:   Personal guarantee of Bernardo Hirsh, Tegucigalpa, Honduras, and

                        corporate guarantees of Servicentro Esso Laeisz (Honduras),

                        Maquinaria Salvadorena(El Salvador), and Brema International
                          Trading Co. (Panama)

Exporters/Suppliers:  Various

Insurance Broker:   Export Insurance Agency, Walpole, MA

Products:        Equipment for the industrial, construction and agricultural

Use:                Leasing and rental to the industrial, construction and agricultural sectors

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

Credit Committee Decision:  APPROVED