News | Board Minutes | 2003

              EXPORT-IMPORT BANK OF THE UNITED STATES

          SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE

                            MAY 20, 2003

ITEM NO 1

Country MALAYSIA, FEDERATION OF                AP079301XX

Request for FINAL COMMITMENT

Applicant      PNC BANK NATIONAL ASSOCIATION, PITTSBURGH PA

Borrower       INDOSEN S.A., DAKAR SENEGAL

Guarantor      CNLT (FAR EAST) BERHAD, SEREMBAN, NEGERI SEMBILAN 70450 MALAYSIA

Buyer          INDOSEN S.A., DAKAR SENEGAL

End-user       INDOSEN S.A., DAKAR SENEGAL

Exporter       SOUTHERN TEXTILE EXCHANGE LLC, CHARLOTTE NC

Supplier       SOUTHERN TEXTILE EXCHANGE LLC, CHARLOTTE NC

Supplier       HOFFMAN INTERNATIONAL INC, PISCATAWAY NJ

Supplier       ADDITIONAL SUPPLIERS

Gteed Lender   PNC BANK NATIONAL ASSOCIATION, PITTSBURGH PA

Project Description TEXTILE MILL CONSTRUCTION

Product Description TEXTILE EQUIPMENT

Credit Committee Decision DENIED