News | Board Minutes | 2003

              EXPORT-IMPORT BANK OF THE UNITED STATES

          SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE

                         DECEMBER 16, 2003

ITEM NO 1

Country PHILIPPINES                            AP080131XX

Request for FINAL COMMITMENT

Applicant      TORONTO-DOMINION BANK, HOUSTON TX

Borrower       PANAY OIL MANUFACTURING CORP., PASIG CITY, METRO
                        MANILA PHILIPPINES

Guarantor      CHAN, CRISPIN AMIGO & ROSITA LEE, KALIBO, AKLAN
                        PROVINCE 5600 PHILIPPINES

Buyer          PANAY OIL MANUFACTURING CORP., PASIG CITY, METRO
                        MANILA PHILIPPINES

End-user       PANAY OIL MANUFACTURING CORP., PASIG CITY, METRO 
                        MANILA PHILIPPINES

Exporter       PBJ VENTURE INTERNATIONAL CORPORATION, SAN MATEO CA

Supplier       WAUKESHA CHERRY-BURELL, DELAVAN WI

Supplier       ANDERSON INTERNATIONAL CORP, CLEVELAND OH

Gteed Lender   TORONTO-DOMINION BANK, HOUSTON TX

Project Description VARIOUS OIL EXTRACTION EQUIPMENT

Product Description VARIOUS OIL EXTRACTION EQUIPMENT

Financed Amount $    2,573,033

Repayment Term  5 YEARS

Credit Committee Decision APPROVED

ITEM NO 2

Country CHILE                                  AP080094XX

Request for FINAL COMMITMENT

Applicant      BANCO SANTANDER CENTRAL HISPANO, NEW YORK NY

Borrower       LABORATORIO SANDERSON, S.A., SANTIAGO, SAN JOAQUIN CHILE

Guarantor      NONE

Buyer          LABORATORIO SANDERSON, S.A., SANTIAGO, SAN JOAQUIN CHILE

End-user       LABORATORIO SANDERSON, S.A., SANTIAGO, SAN JOAQUIN CHILE

Exporter       WEILER ENGINEERING INC., ELGIN IL

Supplier       WEILER ENGINEERING INC., ELGIN IL

Gteed Lender   BANCO SANTANDER CENTRAL HISPANO, NEW YORK NY

Project Name NONE

Project Description  NONE

Product Description  PACKAGING MACHINERY MANUFACTURING

Financed Amount $    6,888,346

Repayment Term  7 YEARS

Credit Committee Decision APPROVED

            Item No. 3

           Country: Mexico          Policy No.:  MTR-259622 

           Request For: Policy (New)   

           Policy Type: Repetitive Sales                                                           

           Coverage Type/Term: Comprehensive/MT

            Insured:        First National Bank of San Diego, San Diego, CA 92186

           Buyer:            TV Azteca, S.A. de C.V., Mexico, D.F., Mexico

           Guarantor:      None  

           End-User:       Buyer/Obligor

           Exporters/              

           Suppliers:       Harris Corporation, Melbourne, FL 32901-1822

                                     Tektronix, Inc., Beaverton, OR 97077-1522

                                     and additional exporters/suppliers

           Broker:         CFS International, Irvine, CA  

           Product/Use:   TV audio, video and signaling equipment

           Ex-Im Bank Liability (Millions):  $5 - $20

           Credit Committee Decision:  APPROVED