News | Board Minutes | 2008

EXPORT-IMPORT BANK OF THE UNITED STATES

SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS

FEBRUARY 14, 2008

ITEM NO 1   Minutes of February 6, 2008, Board Meeting to be approved

            Board Decision:  Approved

ITEM NO 2

Country IRELAND                                 AP083260XX

Request for FINAL COMMITMENT                    (Conversion No. 1)

Applicant         RYANAIR HOLDINGS PLC, CLOGHRAN IRELAND

Borrower          SPV/RYANAIR LTD., CLOGHRAN IRELAND

Buyer             SPV/RYANAIR LTD., CLOGHRAN IRELAND

End-user          RYANAIR LTD., CLOGHRAN IRELAND

Exporter          BOEING COMPANY, THE, RENTON WA

Supplier          BOEING COMPANY, THE, RENTON WA

Supplier          CFM INTERNATIONAL INC, CINCINNATI OH

Gteed Lender      BARCLAYS CAPITAL, LONDON E14 4BB UNITED KINGDOM

Lessor            SPV/RYANAIR LTD., CLOGHRAN IRELAND

Lessee            RYANAIR LTD., CLOGHRAN IRELAND

Project Name      NONE

Project Description AIR TRANSPORTATION

Product Description AIRCRAFT

Repayment Term    12 YEARS

Board Decision APPROVED

ITEM NO 3

Country KAZAKHSTAN                             AP082961XX

Request for AMENDMENT OF FINAL COMMITMENT

Applicant        DEERE CREDIT INC., SCHAFFHAUSEN CH-8200 SWITZERLAND

Borrower          JSC KAZAGROFINANCE, ASTANA 473000 KAZAKHSTAN

Guarantor         NONE

Buyer             VARIOUS KAZAKHSTAN BUYERS, UNKNOWN KAZAKHSTAN

End-user          VARIOUS KAZAKHSTAN BUYERS, UNKNOWN KAZAKHSTAN

Exporter          DEERE & COMPANY, MOLINE IL

Supplier          DEERE & COMPANY, MOLINE IL

Gteed Lender      DEERE CREDIT INC., SCHAFFHAUSEN CH-8200 SWITZERLAND

Project Name      AGRICULTURAL PROJECT

Project Description JOHN DEERE AGRICULTURAL EQUIPMENT

Product Description FARM MACHINERY AND EQUIPMENT

Financed Amount   $ 32,000,000

Repayment Term    5 YEARS

Board Decision APPROVED

ITEM NO 4

Country RUSSIA                                 AP083611XX

Request for FINAL COMMITMENT

Applicant         DEERE CREDIT INC., SCHAFFHAUSEN CH-8200 SWITZERLAND

Borrower          RUSSIAN AGRICULTURAL BANK, MOSCOW 119019 RUSSIA

Guarantor         NONE

Buyer             AGRO-CONSTRUCTION TECHNOLOGIES, LLC, KRASNODAR 350012 RUSSIA

End-user          VARIOUS RUSSIAN BUYERS, UNKNOWN RUSSIA

Exporter          DEERE & COMPANY, WATERLOO IA

Supplier          DEERE & COMPANY, WATERLOO IA

Supplier          JOHN DEERE COFFEYVILLE WORKS INC., COFFEYVILLE KS

Supplier          ADDITIONAL SUPPLIERS

Gteed Lender      DEERE CREDIT INC., SCHAFFHAUSEN CH-8200 SWITZERLAND

Project Name      NONE

Project Description AGRICULTURAL PROJECTS

Product Description TRACTOR

Financed Amount   $ 18,176,400

Repayment Term    1.25 YEARS

Board Decision APPROVED

ITEM NO 5

Country RUSSIA                                 AP083579XX

Request for FINAL COMMITMENT

Applicant         DEERE CREDIT INC., SCHAFFHAUSEN CH-8200 SWITZERLAND

Borrower          BANK AVANGARD, MOSCOW 113035 RUSSIA

Guarantor         ALCOR HOLDING GROUP AG, BIEL-BIENNE 2502 SWITZERLAND

Buyer             ALCOR HOLDING GROUP AG, BIEL-BIENNE 2502 SWITZERLAND

End-user          ZAO AVANGARD-AGROHOLDING-G, MOSCOW 115035 RUSSIA

Exporter          DEERE & COMPANY, MOLINE IL

Supplier          DEERE & COMPANY, WATERLOO IA

Supplier          DEERE & COMPANY, WATERLOO IA

Supplier          ADDITIONAL SUPPLIERS

Gteed Lender      DEERE CREDIT INC., SCHAFFHAUSEN CH-8200 SWITZERLAND

Project Name      NONE

Project Description AGRICULTURAL PROJECT

Product Description COMBINES & PLATFORMS

Financed Amount   $ 10,698,810

Repayment Term    7 YEARS

Board Decision APPROVED

ITEM NO 6

Country RUSSIA                                 AP083617XX

Request for FINAL COMMITMENT

Applicant         COMMERCE BANK, NA, MOUNT LAUREL NJ

Borrower          BANK AVANGARD, MOSCOW 113035 RUSSIA

Guarantor         ALCOR HOLDING GROUP AG, KILCHBERG, ZURICH 8802 SWITZERLAND

Buyer             ALCOR HOLDING GROUP AG, KILCHBERG, ZURICH 8802 SWITZERLAND

End-user          KURST-AGRO-INVEST, MOSCOW 115035 RUSSIA

Exporter          CHIEF INDUSTRIES INC., KEARNEY NE

Supplier          TECHS INDUSTRIES INC, THE, PITTSBURGH PA

Supplier          JOHNSON SYSTEM INC, MARSHALL MI

Supplier          ADDITIONAL SUPPLIERS

Gteed Lender      COMMERCE BANK, NA, MOUNT LAUREL NJ

Project Name      NONE

Project Description AGRICULTURAL HARVESTING

Product Description GRAIN STORAGE EQUIPMENT

Financed Amount   $ 11,471,018

Repayment Term    7 YEARS

Board Decision APPROVED