News | Board Minutes | 2008

ITEM NO 1   Minutes of March 28, 2008, Board Meeting to be approved
            Board Decision:  Approved

ITEM NO 2
Country RUSSIA                                 AP083434XX
Request for FINAL COMMITMENT

Applicant      WACHOVIA BANK, NATIONAL ASSOCIATION, PHILADELPHIA PA
Borrower       KRASNODARGAZTROY, JSS, KRASNODAR 350020 RUSSIA
Guarantor      OAO GAZPROM, MOSCOW RUSSIA
Buyer          KRASNODARGAZTROY, JSS, KRASNODAR 350020 RUSSIA
End-user       KRASNODARGAZTROY, JSS, KRASNODAR 350020 RUSSIA
Exporter       WORLDWIDE OPERATING INC, CHANNELVIEW TX
Supplier       WORLDWIDE OPERATING INC, AURORA CO
Supplier       MANITOWOC CRANE GROUP, SHADY GROVE PA
Gteed Lender   WACHOVIA BANK, NATIONAL ASSOCIATION, PHILADELPHIA PA

Project Name GRYAZOVETS-SHEKSNA GAS PIPELINE
Project Description NATURAL GAS PIPELINE
Product Description CONSTRUCTION MACHINERY
Financed Amount $   16,886,029
Repayment Term  3 YEARS

Board Decision APPROVED

ITEM NO 3
Country: Russia                          
Request For:  Issuing Bank Credit Limit     Transaction No.: IBCL-424272
Policy Type:  Letter of Credit                   Policy No.:  ELC-121145
                                    Coverage Type/Term: Comprehensive/ST

Insured:          JPMORGANCHASE, NEW YORK, NY
Buyer/Obligor:    UNICREDIT BANK, ZAO, MOSCOW, RUSSIA
End User:         OJSC SURGUTNEFTEGAS, SURGUT, RUSSIA
Guarantor:        NONE
Exporter:         STEWART & STEVENSON POWER PRODUCTS, LLC, HOUSTON, TX
Broker:           EIA GLOBAL, WALPOLE, MA
Product/Use:      FRACTURING EQUIPMENT AND SPARE PARTS
Ex-Im Bank Liability (Millions):  $20+

Board Decision APPROVED

ITEM NO 4
Country NIGERIA                                AP083587XX
Request for FINAL COMMITMENT

Applicant      RZB FINANCE LLC, BETHEL CT
Borrower       DANA AIRLINES LTD, LAGOS NIGERIA
Buyer          DANA AIRLINES LTD, LAGOS NIGERIA
End-user       DANA AIRLINES LTD, LAGOS NIGERIA
Exporter       LEARJET INC, WICHITA KS
Supplier       RZB FINANCE LLC, BETHEL CT
Supplier       HONEYWELL INTERNATIONAL INC, TUCSON AZ
Supplier       LEARJET INC, WICHITA KS
Gteed Lender   RZB FINANCE LLC, BETHEL CT

Project Name DANA AIRLINES
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
Repayment Term  10 YEARS