News | Board Minutes | 2007

EXPORT-IMPORT BANK OF THE UNITED STATES

SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS

JUNE 7, 2007

ITEM NO 1   Minutes of May 21, 2007, Board Meeting to be approved

Board Decision:  APPROVED

ITEM NO 2

Country ISRAEL          AP082109XX

Request for FINAL COMMITMENT

Applicant      EL AL ISRAEL AIRLINES LTD, TEL AVIV ISRAEL

Borrower       SPV/EL AL ISRAEL AIRLINES, TEL AVIV ISRAEL

Guarantor      NONE

Buyer          SPV/EL AL ISRAEL AIRLINES, TEL AVIV ISRAEL

End-user       EL AL ISRAEL AIRLINES LTD, TEL AVIV ISRAEL

Exporter       BOEING COMPANY, THE, EVERETT WA

Supplier       ROLLS ROYCE LTD, LONDON UNITED KINGDOM

Supplier       BOEING COMPANY, THE, EVERETT WA

Gteed Lender   ING (US) CAPITAL, LLC, NEW YORK NY

Lessor         SPV/EL AL ISRAEL AIRLINES, TEL AVIV ISRAEL

Lessee         EL AL ISRAEL AIRLINES LTD, TEL AVIV ISRAEL

Cofin ECA      EXPORT CREDITS GUARANTEE DEPT. (ECGD), LONDON UNITED KINGDOM

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

Project Name NONE

Project Description AIR TRANSPORTATION

Product Description AIRCRAFT

Board Decision REFER TO CONGRESS