Home

|

Contact Us

|

|

Search 
Export Import Bank of the United States
Ex-Im Bank Updates in your Inbox
Follow us on Twitter

|

|

|

Bookmark and Share link

News | Board Minutes | 2010

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
MARCH 9, 2010


ITEM NO 1.	Revision of Eximbank's Environmental Procedures and Guidelines consistent with the Bank¿s Carbon Policy.
Board Decision:  APPROVED.  Chairman Hochberg, Director Kian and Director Farrell all voted in favor of the revision.

ITEM NO 2.	Expanding Eligibility Provisions for Small Business.  
Board Decision:  APPROVED.  Chairman Hochberg, Director Kian and Director Farrell all voted in favor of the request.

ITEM NO 3.	Minutes of December 18, 2009, Board Meeting to be approved. 
Board Decision:  APPROVED.  Chairman Hochberg, Director Kian and 
Director Farrell all approved the minutes.

ITEM NO 4.	Minutes of December 22, 2009, Board Meeting to be approved. 
Board Decision:  APPROVED.  Chairman Hochberg, Director Kian and 
Director Farrell all approved the minutes.

ITEM NO 5.	Minutes of December 30, 2009, Board Meeting to be approved.
Board Decision:  APPROVED.  Chairman Hochberg, Director Kian and 
Director Farrell all approved the minutes.

ITEM NO 6.	Minutes of January 7, 2010, Board Meeting to be approved.
Board Decision:  APPROVED.  Chairman Hochberg, Director Kian and 
Director Farrell all approved the minutes.

ITEM NO 7.	Minutes of January 15, 2010, Board Meeting to be approved. 
Board Decision:  APPROVED.  Chairman Hochberg, Director Kian and 
Director Farrell all approved the minutes.

ITEM NO 8.	Minutes of January 28, 2010, Board Meeting to be approved.
Board Decision:  APPROVED.  Chairman Hochberg, Director Kian and 
Director Farrell all approved the minutes.

ITEM NO 9.  WITHDRAWN
 
ITEM 10.
Country: NIGERIA							
Request For:  Issuing Bank Credit Limit 	 Policy No.: ELC-121988 / IBCL-460525
Policy Type:  Bank Letter of Credit	   	 Coverage Type/Term: Comprehensive/ST
				
Insured:	  	Citibank, N.A., New York, NY
Issuing Bank:	Access Bank Plc., Lagos, Nigeria
End User:		Shanshek Nigeria Ltd., Enugu, Nigeria
Guarantor:		None
Exporter:		Palmer-Tech Services, Inc., Chicago, IL
Supplier:		Various
Broker:		Willis
Product/Use: 	Aluminum Can Manufacturing Equipment
Ex-Im Bank Liability (Millions):  $20+

Board Decision:  APPROVED Request to approve Renewal of the Nigerian Bank Facility.  Chairman Hochberg, Director Kian and Director Farrell all voted in favor of the transaction.

ITEM 11.
Country: MEXICO	Policy No.: FB-468293
Request For: 12-Month Policy		       Coverage Type/Term: Comprehensive/ST
Policy Type: Financial Institution Buyer Credit

Insured:	   Espirito Santo Bank, Miami, FL
Buyer/Obligor: Molinera de Mexico, S.A. de C.V., San Pedro Garcia, Mexico
End User: 	   Molinera de Mexico, S.A. de C.V., San Pedro Garcia, Mexico
Guarantor:	   Gruma S.A.B. de C.V., San Pedro Garza Garcia, Mexico
Exporter(s):   Cargill Inc., Wayzata, MN
   The Scoular Co., Omaha, NE
   Lansing Trade Group, Overland Park, KS
Supplier(s):   Cargill Inc., Wayzata, MN 
   The Scoular Co., Omaha, NE
   Lansing Trade Group, Overland Park, KS
Broker:	   Johnstone Downey Klein, Inc., D/B/A Int¿l Risk Consultants, Columbus, OH
Product/Use:   Wheat / Inventory
Ex-Im Bank Liability (Millions):  $20+

Board Decision:  APPROVED.  Chairman Hochberg, Director Kian and Director Farrell all voted in favor of the transaction.
 
ITEM NO 12A
Country AUSTRALIA                              AP083927XX
Request for FINAL COMMITMENT

Applicant   VIRGIN BLUE AIRLINES PTY LIMITED, BOWEN HILLS / QUEENSLAND AUSTRALIA
Borrower    SPV/VIRGIN BLUE AIRLINES PTY LIMITED, BOWEN HILLS, QUEENSLAND 4006 AUSTRALIA
Buyer       SPV/VIRGIN BLUE AIRLINES PTY LIMITED, BOWEN HILLS, QUEENSLAND 4006 AUSTRALIA
End-user    VIRGIN BLUE INTERNATIONAL AIRLINES, BOWEN HILLS, QUEENSLAND AUSTRALIA
Exporter    BOEING COMPANY, THE, EVERETT WA
Supplier    GENERAL ELECTRIC COMPANY, CINCINNATI OH
Supplier	BOEING COMPANY, THE, EVERETT WA
Gteed Lender CREDIT AGRICOLE CORPORATE AND INVESTMENT, HONG KONG HONG KONG
Lessor      SPV/VIRGIN BLUE AIRLINES PTY LIMITED, BOWEN HILLS, QUEENSLAND 4006 AUSTRALIA
Lessee      VIRGIN BLUE INTERNATIONAL AIRLINES, BOWEN HILLS, QUEENSLAND AUSTRALIA
Cofin ECA	NIPPON EXPORT AND INVESTMENT INSURANCE, CHIYODA-KU, TOKYO 101-0065 JAPAN

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

Board Decision:  APPROVED.  Chairman Hochberg and Director Kian voted in favor of the transaction, Director Farrell recused herself.

ITEM NO 12B
Country AUSTRALIA                              AP085035XX
Request for FINAL COMMITMENT

Applicant   VIRGIN BLUE AIRLINES PTY LIMITED, BOWEN HILLS / QUEENSLAND AUSTRALIA
Borrower    SPV/VIRGIN BLUE AIRLINES PTY LIMITED, BOWEN HILLS, QUEENSLAND 4006 AUSTRALIA
Buyer       SPV/VIRGIN BLUE AIRLINES PTY LIMITED, BOWEN HILLS, QUEENSLAND 4006 AUSTRALIA
End-user    VIRGIN BLUE AIRLINES PTY LIMITED, BOWEN HILLS / QUEENSLAND AUSTRALIA
Exporter    BOEING COMPANY, THE, RENTON WA
Supplier    CFM INTERNATIONAL INC, CINCINNATI OH
Supplier    BOEING COMPANY, THE, RENTON WA
Gteed Lender CREDIT AGRICOLE CORPORATE AND INVESTMENT, HONG KONG HONG KONG
Lessor      SPV/VIRGIN BLUE AIRLINES PTY LIMITED, BOWEN HILLS, QUEENSLAND 4006 AUSTRALIA
Lessee      VIRGIN BLUE AIRLINES PTY LIMITED, BOWEN HILLS / QUEENSLAND AUSTRALIA

Project Name NONE
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT 

Board Decision:  REFERRED TO CONGRESS.  Chairman Hochberg and Director Kian voted in favor of the transaction, Director Farrell recused herself.

ITEM NO 12C
Country AUSTRALIA                              PC085036XX
Request for PRELIMINARY COMMITMENT

Applicant   VIRGIN BLUE AIRLINES PTY LIMITED, BOWEN HILLS / QUEENSLAND AUSTRALIA
Borrower    SPV/VIRGIN BLUE AIRLINES PTY LIMITED, BOWEN HILLS, QUEENSLAND 4006 AUSTRALIA
Buyer       SPV/VIRGIN BLUE AIRLINES PTY LIMITED, BOWEN HILLS, QUEENSLAND 4006 AUSTRALIA
End-user    VIRGIN BLUE AIRLINES PTY LIMITED, BOWEN HILLS / QUEENSLAND AUSTRALIA
Exporter    BOEING COMPANY, THE, RENTON WA
Supplier    CFM INTERNATIONAL INC, CINCINNATI OH
Supplier    BOEING COMPANY, THE, RENTON WA
Gteed Lender CREDIT AGRICOLE CORPORATE AND INVESTMENT, HONG KONG HONG KONG
Lessor      SPV/VIRGIN BLUE AIRLINES PTY LIMITED, BOWEN HILLS, QUEENSLAND 4006 AUSTRALIA
Lessee      VIRGIN BLUE AIRLINES PTY LIMITED, BOWEN HILLS / QUEENSLAND AUSTRALIA

Project Name NONE
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT 

Board Decision:  REFERRED TO CONGRESS.  Chairman Hochberg and Director Kian voted in favor of the transaction, Director Farrell recused herself.

ITEM NO 13A
Country INDONESIA                               AP083158XX
Request for FINAL COMMITMENT				Conversion No. 1

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   BNP PARIBAS, SINGAPORE 049319 SINGAPORE
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.  Chairman Hochberg and Director Kian voted in favor of the transaction, Director Farrell recused herself.

ITEM NO 13B
Country INDONESIA                               AP083158XX
Request for FINAL COMMITMENT				Conversion No. 2

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   TORONTO-DOMINION BANK, THE, TORONTO, ONTARIO M5K 1A2 CANADA
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.  Chairman Hochberg and Director Kian voted in favor of the transaction, Director Farrell recused herself.

Jobs Through Exports Bottom right curve image
 
Website Feedback

|

Privacy

|

Site Map

|

Accessibility