News | Board Minutes | 2009

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
APRIL 2, 2009



ITEM NO 1	Request for Special Delegated Authority ("SDA") in 
		Short and Medium Term transactions for Angolan Banks 


ITEM NO 2
Country NETHERLANDS AP084210XX
Request for FINAL COMMITMENT

Applicant      KONINKLIJKE LUCHTVAART MAATSCHAPPIJ N.V., AMSTELVEEN, 1182 GP LL NETHERLANDS
Borrower       SPV/KLM ROYAL DUTCH AIRLINES, THE NETHERLANDS
Buyer          SPV/KLM ROYAL DUTCH AIRLINES, THE NETHERLANDS
End-user       KONINKLIJKE LUCHTVAART MAATSCHAPPIJ N.V., AMSTELVEEN, 1182 GP LL NETHERLANDS
Exporter       BOEING COMPANY, THE, RENTON WA
Supplier       CFM INTERNATIONAL INC, CINCINNATI OH
Supplier       BOEING COMPANY, THE, RENTON WA
Gteed Lender   SOCIETE GENERALE, PARIS FRANCE
Lessor         SPV/KLM ROYAL DUTCH AIRLINES, THE NETHERLANDS

Lessee         KONINKLIJKE LUCHTVAART MAATSCHAPPIJ N.V., AMSTELVEEN, 1182 GP LL NETHERLANDS

Project Name NONE
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
Repayment Term 12 YEARS

Board Decision APPROVED



ITEM NO 3A
Country INDONESIA                              AP083156XX
Request for FINAL COMMITMENT

Applicant      LION MENTARI, PT, JAKARTA 10130 INDONESIA
Borrower       SPV/PT LION MENTARI, JAKARTA INDONESIA
Buyer          SPV/PT LION MENTARI, JAKARTA INDONESIA
End-user       LION MENTARI, PT, JAKARTA 10130 INDONESIA
Exporter       BOEING COMPANY, THE, RENTON WA
Supplier       CFM INTERNATIONAL INC, CINCINNATI OH
Supplier       BOEING COMPANY, THE, RENTON WA
Gteed Lender   FINANCIAL INSTITUTION ACCEPTABLE TO EIB, UNKNOWN INDONESIA
Lessor         SPV/PT LION MENTARI, JAKARTA INDONESIA
Lessee         LION MENTARI, PT, JAKARTA 10130 INDONESIA

Project Name NONE
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
Repayment Term 12 YEARS

Board Decision APPROVED 


ITEM NO 3B
Country INDONESIA PC083158XX
Request for PRELIMINARY COMMITMENT

Applicant      LION MENTARI, PT, JAKARTA 10130 INDONESIA
Borrower       SPV/PT LION MENTARI, JAKARTA INDONESIA
Buyer          SPV/PT LION MENTARI, JAKARTA INDONESIA
End-user       LION MENTARI, PT, JAKARTA 10130 INDONESIA
Exporter       BOEING COMPANY, THE, RENTON WA
Supplier       CFM INTERNATIONAL INC, CINCINNATI OH
Supplier       BOEING COMPANY, THE, RENTON WA
Gteed Lender   FINANCIAL INSTITUTION ACCEPTABLE TO EIB, UNKNOWN ZZ
Lessor         SPV/PT LION MENTARI, JAKARTA INDONESIA
Lessee         LION MENTARI, PT, JAKARTA 10130 INDONESIA

Project Name NONE
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
PC Expiry Date 09/14/09

Board Decision APPROVED


ITEM NO 4A
Country KOREA, SOUTH AP083991XX
Request for FINAL COMMITMENT

Applicant      GOCHANG SOLAR PARK, CO., LTD., SEOUL 31355-090 KOREA, REP OF
Borrower       GOCHANG SOLAR PARK, CO., LTD., SEOUL 31355-090 KOREA, REP OF
Guarantor      SEOUL OCEAN AQUARIUM CO., LTD., SEOUL 1355-090 KOREA, REP OF
Buyer          GOCHANG SOLAR PARK, CO., LTD., SEOUL 31355-090 KOREA, REP OF
End-user       GOCHANG SOLAR PARK, CO., LTD., SEOUL 31355-090 KOREA, REP OF
Exporter       TSI RENEWABLE VENTURES, PASADENA CA
Exporter  	   SOLAR INDUSTRIES AMERICA LP, CAMERILLO CA
Supplier       TSI RENEWABLE VENTURES, PASADENA CA
Supplier	   SOLAR INDUSTRIES AMERICA LP, CAMERILLO CA
Gteed Lender   PRIVATE EXPORT FUNDING CORP, NEW YORK NY

Project Name GOCHANG
Project Description PV SOLAR POWER GENERATING PROJECT
Product Description CRYSTALLINE SILICON PV MODULES
Financed Amount $ 11,958,235
Repayment Term 13.5 YEARS

Board Decision APPROVED


ITEM NO 4B
Country KOREA, SOUTH AP083992XX
Request for FINAL COMMITMENT

Applicant      GOCHANG SOLAR PARK, CO., LTD., SEOUL 31355-090 KOREA, REP OF
Borrower       GOCHANG SOLAR PARK, CO., LTD., SEOUL 31355-090 KOREA, REP OF
Guarantor      SEOUL OCEAN AQUARIUM CO., LTD., SEOUL 1355-090 KOREA, REP OF
Buyer          GOCHANG SOLAR PARK, CO., LTD., SEOUL 31355-090 KOREA, REP OF
End-user       GOCHANG SOLAR PARK, CO., LTD., SEOUL 31355-090 KOREA, REP OF
Exporter       TSI RENEWABLE VENTURES, PASADENA CA
Exporter  	   SOLAR INDUSTRIES AMERICA LP, CAMERILLO CA
Supplier       TSI RENEWABLE VENTURES, PASADENA CA
Supplier	   SOLAR INDUSTRIES AMERICA LP, CAMERILLO CA
Gteed Lender   PRIVATE EXPORT FUNDING CORP, NEW YORK NY

Project Name GOCHANG
Project Description PV SOLAR POWER GENERATING PROJECT
Product Description CRYSTALLINE SILICON PV MODULES
Financed Amount $ 12,200,000
Repayment Term 13.5 YEARS

Board Decision APPROVED


ITEM NO 4C
Country KOREA, SOUTH AP083993XX
Request for FINAL COMMITMENT

Applicant      GOCHANG SOLAR PARK, CO., LTD., SEOUL 31355-090 KOREA, REP OF
Borrower       GOCHANG SOLAR PARK, CO., LTD., SEOUL 31355-090 KOREA, REP OF
Guarantor      SEOUL OCEAN AQUARIUM CO., LTD., SEOUL 1355-090 KOREA, REP OF
Buyer          GOCHANG SOLAR PARK, CO., LTD., SEOUL 31355-090 KOREA, REP OF
End-user       GOCHANG SOLAR PARK, CO., LTD., SEOUL 31355-090 KOREA, REP OF
Exporter       TSI RENEWABLE VENTURES, PASADENA CA
Exporter  	   SOLAR INDUSTRIES AMERICA LP, CAMERILLO CA
Supplier       TSI RENEWABLE VENTURES, PASADENA CA
Supplier	   SOLAR INDUSTRIES AMERICA LP, CAMERILLO CA
Gteed Lender   PRIVATE EXPORT FUNDING CORP, NEW YORK NY

Project Name GOCHANG
Project Description PV SOLAR POWER GENERATING PROJECT
Product Description CRYSTALLINE SILICON PV MODULES
Financed Amount $12,260,440
Repayment Term 13.5 YEARS


Board Decision APPROVED


ITEM NO 4D
Country KOREA, SOUTH AP083994XX
Request for FINAL COMMITMENT

Applicant      GOCHANG SOLAR PARK, CO., LTD., SEOUL 31355-090 KOREA, REP OF
Borrower       GOCHANG SOLAR PARK, CO., LTD., SEOUL 31355-090 KOREA, REP OF
Guarantor      SEOUL OCEAN AQUARIUM CO., LTD., SEOUL 1355-090 KOREA, REP OF
Buyer          GOCHANG SOLAR PARK, CO., LTD., SEOUL 31355-090 KOREA, REP OF
End-user       GOCHANG SOLAR PARK, CO., LTD., SEOUL 31355-090 KOREA, REP OF
Exporter       TSI RENEWABLE VENTURES, PASADENA CA
Exporter  	   SOLAR INDUSTRIES AMERICA LP, CAMERILLO CA
Supplier       TSI RENEWABLE VENTURES, PASADENA CA
Supplier	   SOLAR INDUSTRIES AMERICA LP, CAMERILLO CA
Gteed Lender   PRIVATE EXPORT FUNDING CORP, NEW YORK NY

Project Name GOCHANG
Project Description PV SOLAR POWER GENERATING PROJECT
Product Description CRYSTALLINE SILICON PV MODULES
Financed Amount $12,260,440
Repayment Term 13.5 YEARS


Board Decision APPROVED


ITEM NO 4E
Country KOREA, SOUTH AP083995XX
Request for FINAL COMMITMENT

Applicant      GOCHANG SOLAR PARK, CO., LTD., SEOUL 31355-090 KOREA, REP OF
Borrower       GOCHANG SOLAR PARK, CO., LTD., SEOUL 31355-090 KOREA, REP OF
Guarantor      SEOUL OCEAN AQUARIUM CO., LTD., SEOUL 1355-090 KOREA, REP OF
Buyer          GOCHANG SOLAR PARK, CO., LTD., SEOUL 31355-090 KOREA, REP OF
End-user       GOCHANG SOLAR PARK, CO., LTD., SEOUL 31355-090 KOREA, REP OF
Exporter       TSI RENEWABLE VENTURES, PASADENA CA
Exporter  	   SOLAR INDUSTRIES AMERICA LP, CAMERILLO CA
Supplier       TSI RENEWABLE VENTURES, PASADENA CA
Supplier	   SOLAR INDUSTRIES AMERICA LP, CAMERILLO CA
Gteed Lender   PRIVATE EXPORT FUNDING CORP, NEW YORK NY

Project Name GOCHANG
Project Description PV SOLAR POWER GENERATING PROJECT
Product Description CRYSTALLINE SILICON PV MODULES
Financed Amount $12,320,882
Repayment Term 13.5 YEARS

Board Decision APPROVED


ITEM NO 5A
Country SAUDI ARABIA  AP083340XA
Request for FINAL COMMITMENT

Applicant      SAUDI ELECTRICITY COMPANY, RIYADH 11411 SAUDI ARABIA
Borrower       SAUDI ELECTRICITY COMPANY, RIYADH 11411 SAUDI ARABIA
Guarantor      NONE
Buyer          SAUDI ELECTRICITY COMPANY, RIYADH 11411 SAUDI ARABIA
End-user       SAUDI ELECTRICITY COMPANY, RIYADH 11411 SAUDI ARABIA
Exporter       GENERAL ELECTRIC CAPITAL CORPORATION, WASHINGTON, DC
Supplier       GENERAL ELECTRIC CAPITAL CORPORATION, WASHINGTON, DC 
Gteed Lender   CALYON S.A., NEW YORK NY

Project Name FARAS POWERPLANT
Project Description GAS TURBINE POWER PROJECT
Product Description POWER PLANT TURBINES, INSTALLATION & TRAINING

Board Decision REFER TO CONGRESS


ITEM NO 5B
Country SAUDI ARABIA AP083340XB
Request for FINAL COMMITMENT

Applicant      SAUDI ELECTRICITY COMPANY, RIYADH 11411 SAUDI ARABIA
Borrower       SAUDI ELECTRICITY COMPANY, RIYADH 11411 SAUDI ARABIA
Guarantor      NONE
Buyer          SAUDI ELECTRICITY COMPANY, RIYADH 11411 SAUDI ARABIA
End-user       SAUDI ELECTRICITY COMPANY, RIYADH 11411 SAUDI ARABIA
Exporter       GENERAL ELECTRIC CAPITAL CORPORATION, WASHINGTON, DC
Supplier       GENERAL ELECTRIC CAPITAL CORPORATION, WASHINGTON, DC 
Gteed Lender   CALYON S.A., NEW YORK NY

Project Name PP8
Project Description GAS TURBINE POWER PLANT
Product Description POWER PLANT TURBINES, INSTALLATION & TRAINING

Board Decision REFER TO CONGRESS


ITEM NO 5C
Country SAUDI ARABIA  AP083340XC
Request for FINAL COMMITMENT

Applicant      SAUDI ELECTRICITY COMPANY, RIYADH 11411 SAUDI ARABIA
Borrower       SAUDI ELECTRICITY COMPANY, RIYADH 11411 SAUDI ARABIA
Guarantor      NONE
Buyer          SAUDI ELECTRICITY COMPANY, RIYADH 11411 SAUDI ARABIA
End-user       SAUDI ELECTRICITY COMPANY, RIYADH 11411 SAUDI ARABIA
Exporter       GENERAL ELECTRIC CAPITAL CORPORATION, WASHINGTON, DC
Supplier       GENERAL ELECTRIC CAPITAL CORPORATION, WASHINGTON, DC 
Gteed Lender   CALYON S.A., NEW YORK NY

Project Name FARAS, PP8, AND AL QURAYYAH 1-9, 10-15
Project Description COMBINED CYCLE POWER PLANTS
Product Description POWER PLANT TURBINES, INSTALLATION & TRAINING

Board Decision REFER TO CONGRESS