News | Board Minutes | 2009

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
MAY 15, 2009


ITEM NO 1A
Country SAUDI ARABIA                           AP083340XA
Request for FINAL COMMITMENT

Applicant      SAUDI ELECTRICITY COMPANY, RIYADH 11411 SAUDI ARABIA
Borrower       SAUDI ELECTRICITY COMPANY, RIYADH 11411 SAUDI ARABIA
Guarantor      NONE
Buyer          SAUDI ELECTRICITY COMPANY, RIYADH 11411 SAUDI ARABIA
End-user       SAUDI ELECTRICITY COMPANY, RIYADH 11411 SAUDI ARABIA
Exporter       GENERAL ELECTRIC ENERGY CO, SCHENECTADY NY 12345
Supplier       GENERAL ELECTRIC ENERGY CO, SCHENECTADY NY 12345
Gteed Lender   CALYON S.A., NEW YORK NY

Project Name FARAS POWERPLANT
Project Description GAS TURBINE POWER PROJECT
Product Description POWER PLANT TURBINES, INSTALLATION & TRAINING
Financed Amount $  150,662,023
Repayment Term  12 YEARS

Board Decision APPROVED


ITEM NO 1B
Country SAUDI ARABIA                           AP083340XB
Request for FINAL COMMITMENT

Applicant      SAUDI ELECTRICITY COMPANY, RIYADH 11411 SAUDI ARABIA
Borrower       SAUDI ELECTRICITY COMPANY, RIYADH 11411 SAUDI ARABIA
Guarantor      NONE
Buyer          SAUDI ELECTRICITY COMPANY, RIYADH 11411 SAUDI ARABIA
End-user       SAUDI ELECTRICITY COMPANY, RIYADH 11411 SAUDI ARABIA
Exporter       GENERAL ELECTRIC ENERGY CO, SCHENECTADY NY 12345
Supplier       GENERAL ELECTRIC ENERGY CO, SCHENECTADY NY 12345
Gteed Lender   CALYON S.A., NEW YORK NY

Project Name PP8
Project Description GAS TURBINE POWER PLANT
Product Description POWER PLANT TURBINES, INSTALLATION & TRAINING
Financed Amount $  151,076,500
Repayment Term  11.5 YEARS

Board Decision APPROVED

ITEM NO 1C
Country SAUDI ARABIA                           AP083340XC
Request for FINAL COMMITMENT

Applicant      SAUDI ELECTRICITY COMPANY, RIYADH 11411 SAUDI ARABIA
Borrower       SAUDI ELECTRICITY COMPANY, RIYADH 11411 SAUDI ARABIA
Guarantor      NONE
Buyer          SAUDI ELECTRICITY COMPANY, RIYADH 11411 SAUDI ARABIA
End-user       SAUDI ELECTRICITY COMPANY, RIYADH 11411 SAUDI ARABIA
Exporter       GENERAL ELECTRIC ENERGY CO, SCHENECTADY NY 12345
Supplier       GENERAL ELECTRIC ENERGY CO, SCHENECTADY NY 12345
Gteed Lender   CALYON S.A., NEW YORK NY

Project Name FARAS, PP8, AND AL QURAYYAH 1-9, 10-15
Project Description COMBINED CYCLE POWER PLANTS
Product Description POWER PLANT TURBINES, INSTALLATION & TRAINING
Financed Amount $  611,097,142
Repayment Term  12 YEARS

Board Decision APPROVED