News | Board Minutes | 2010

EXPORT-IMPORT BANK OF THE UNITED STATES

SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS

June 10, 2010


ITEM NO 1	Minutes of May 6, 2010 Board Meeting to be approved 
Board Decision:  APPROVED.  Chairman Hochberg, Director Kian and 
Director Farrell all approved the minutes.

ITEM NO 2	Minutes of May 13, 2010 Board Meeting to be approved 
Board Decision:  APPROVED.  Chairman Hochberg, Director Kian and 
Director Farrell all approved the minutes.

ITEM NO 3	Minutes of May 20, 2010 Board Meeting to be approved 
Board Decision:  APPROVED.  Chairman Hochberg, Director Kian and 
Director Farrell all approved the minutes.


ITEM NO 4
Country UNITED ARAB EMIRATES                   AP084044XX
Request for FINAL COMMITMENT

Applicant      EMIRATES ALUMINUM COMPANY LIMITED PJSC, ABU DHABI U ARAB EMIRATES
Borrower       EMIRATES ALUMINUM COMPANY LIMITED PJSC, ABU DHABI U ARAB EMIRATES
Guarantor      DUBAI ALUMINUM CO, DUBAI U ARAB EMIRATES
Guarantor      MUBADALA DEVELOPMENT COMPANY PJSC, ABU DHABI U ARAB EMIRATES
Buyer          EMIRATES ALUMINUM COMPANY LIMITED PJSC, ABU DHABI U ARAB EMIRATES
End-user       EMIRATES ALUMINUM COMPANY LIMITED PJSC, ABU DHABI U ARAB EMIRATES
Exporter       GENERAL ELECTRIC INTERNATIONAL, SCHENECTADY NY
Exporter       GENERAL ELECTRIC COMPANY, GREENVILLE SC
Exporter       TAYLOR DEJONGH INC, WASHINGTON DC
Supplier       GENERAL ELECTRIC INTERNATIONAL, SCHENECTADY NY
Supplier       TAYLOR DEJONGH INC, WASHINGTON DC
Supplier       GENERAL ELECTRIC COMPANY, GREENVILLE SC
Gteed Lender   FINANCIAL INSTITUTION ACCEPTABLE TO EIB, UNKNOWN ZZ

Project Name EMIRATES ALUMINIUM PROJECT
Project Description ALUMINUM SMELTER & POWER PLANT
Product Description GAS TURBINES & TECHNICAL SERVICES
Financed Amount $   316,886,892
Repayment Term 12.6 YEARS

Board Decision:  APPROVED. Also APPROVED an amendment requesting the option to proceed with either a Guarantee or Direct Loan.  Chairman Hochberg, Director Kian and Director Farrell all voted in favor of the transaction.


ITEM NO 5
Country KOREA, SOUTH                           AP084239XX
Request for FINAL COMMITMENT

Applicant    NATL AGRICULTURAL COOPERATIVE FEDERATION, SEOUL 100707 KOREA, REP OF
Borrower     NATL AGRICULTURAL COOPERATIVE FEDERATION, SEOUL 100707 KOREA, REP OF
Guarantor    NONE
Buyer        POSCO ENGINEERING & CONSTRUCTION CO. LTD,KANGNAM-GU, SEOUL,135777 KOREA, REP OF
End-user     POSCO POWER CORP, SEOUL, 135-080 KOREA, REP OF
Exporter     SIEMENS ENERGY, INC., ORLANDO FL
Supplier     SIEMENS ENERGY, INC., ORLANDO FL
Supplier     DOME CHARTERING & TRADING CORP, ANNAPOLIS MD
Supplier     GULF LOGISTICS & PROJECTS CO INC, HOUSTON TX
Gteed Lender PRIVATE EXPORT FUNDING CORP, NEW YORK NY

Project Name POSCO POWER INCHEON PLANT
Project Description (2) COMBINED CYCLE POWER PLANTS
Product Description GAS TURBINES & GENERATORS

Board Decision:  REFER TO U.S. CONGRESS.  Chairman Hochberg, Director Kian and Director Farrell all voted in favor of the referral.


ITEM NO 6
Country  INDONESIA
Request for Short-, Medium-, and Long-Term Special Delegated Authorities for Indonesian Banks.
 
Board Decision:  APPROVED.  Chairman Hochberg, Director Kian and Director Farrell all voted in favor of the item.