News | Board Minutes | 2007

EXPORT-IMPORT BANK OF THE UNITED STATES

SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS

NOVEMBER 1, 2007

ITEM NO 1   Minutes of October 18, 2007, Board Meeting to be approved

Board Decision:  APPROVED

ITEM NO 2   WITHDRAWN

ITEM NO 3A

Country TURKEY                                   AP082381XX

Request for FINAL COMMITMENT                    (Conversion No. 1)

Applicant      PEGASUS HAVA TASIMACILIGI A.S., ISTANBUL 34660 TURKEY

Borrower       SPV/PEGASUS AIRLINES, ISTANBUL, 34660 TURKEY

Buyer          SPV/PEGASUS AIRLINES, ISTANBUL, 34660 TURKEY

End-user       PEGASUS HAVA TASIMACILIGI A.S., ISTANBUL 34660 TURKEY

Exporter       BOEING COMPANY, THE, RENTON WA

Supplier       CFM INTERNATIONAL INC, CINCINNATI OH

Supplier       BOEING COMPANY, THE, RENTON WA

Gteed Lender   FINANCIAL INSTITUTION ACCEPTABLE TO EIB, UNKNOWN ZZ

Lessor         SPV/PEGASUS AIRLINES, ISTANBUL, 34660 TURKEY

Lessee         PEGASUS HAVA TASIMACILIGI A.S., ISTANBUL 34660 TURKEY

Project Name  NONE

Project Description AIR TRANSPORTATION

Product Description AIRCRAFT

Repayment Term  12 YEARS

Board Decision APPROVED

ITEM NO 3B

Country TURKEY                                 PC082381XX

Request for AMENDMENT OF PRELIMINARY COMMITMENT

Applicant      PEGASUS HAVA TASIMACILIGI A.S., ISTANBUL 34660 TURKEY

Borrower       SPV/PEGASUS AIRLINES, ISTANBUL, 34660 TURKEY

Buyer          SPV/PEGASUS AIRLINES, ISTANBUL, 34660 TURKEY

End-user       PEGASUS HAVA TASIMACILIGI A.S., ISTANBUL 34660 TURKEY

Exporter       BOEING COMPANY, THE, RENTON WA

Supplier       CFM INTERNATIONAL INC, CINCINNATI OH

Supplier       BOEING COMPANY, THE, RENTON WA

Gteed Lender   FINANCIAL INSTITUTION ACCEPTABLE TO EIB, UNKNOWN ZZ

Lessor         SPV/PEGASUS AIRLINES, ISTANBUL, 34660 TURKEY

Lessee         PEGASUS HAVA TASIMACILIGI A.S., ISTANBUL 34660 TURKEY

Project Name  NONE

Project Description AIR TRANSPORTATION

Product Description AIRCRAFT

PC Expiry Date 02/14/08

Board Decision APPROVED

ITEM NO 4

Country CHILE                                         APOS2S47XX

Request for FINAL COMMITMENT                          Conversion No. 2

Applicant      LAN AIRLINES S.A., LAS CONDES, SANTIAGO CHILE

Borrower       SPV/LAN AIRLINES S.A., SANTIAGO CHILE

Buyer          SPV/LAN AIRLINES S.A., SANTIAGO CHILE

End-user       LAN AIRLINES S.A., LAS CONDES, SANTIAGO CHILE

Exporter       BOEING COMPANY, EVERETT WA

Supplier       GENERAL ELECTRIC COMPANY, CINCINNATI OH

Supplier       BOEING COMPANY, THE, EVERETT WA

                              Gteed Lender   ABN AMRO BANK N.V., CHICAGO IL

Lessor         SPV/LAN AIRLINES S.A., SANTIAGO CHILE

Lessee         LAN AIRLINES S.A., LAS CONDES, SANTIAGO CHILE

Cofin ECA      NIPPON EXPORT AND INVESTMENT INSURANCE (NEXI),CHIYODA-KU TOKYO 101-0065 JAPAN

Project Name NONE

Project Description AIR TRANSPORTATION

Product Description AIRCRAFT

Repayment Term 12 YEARS

Board Decision APPROVED