News | Board Minutes | 2000

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE
AUGUST 2, 2000

Item No. 1
Country: Guatemala                  Policy No.:  MTR-214908
Request for: Insurance Policy (New) 
Policy Type: Repetitive Sales   
Coverage Type/Term: Comprehensive/MT
Insured:     Allfirst Bank, Baltimore, MD, 21201-3396
Buyer/Obligor: Fabrigas, S.A., Guatemala City, Guatemala
Guarantor:   Acla, S.A., Ciudad de Guatemala, Guatemala
Guarantor:   Oxigeno del Sur , S.A., Ciudad de Guatemala, Guatemala
Guarantor:   Additional guarantors
End-User:    Various, Guatemala City, Guatemala 
Exporters:   Ingersoll-Rand Company, Woodcliff Lake, NJ, 07675-8738
Suppliers:   Ingersoll-Rand Company, Woodcliff Lake, NJ, 07675-8738
Broker:      Johnstone Downey Klein, Inc., Columbus, OH
Product:     New industrial machinery and equipment (air compressors and lifts) for resale
Ex-Im Bank Liability (Millions): USD1 - USD5
Credit Committee Decision: APPROVED

Item No. 2.
Country: Mexico                     Policy No.: MSM-214866   
Request for: Insurance Policy (New)  
Policy Type: Single Sale/Multiple Shipments                           
Coverage Type/Term: Comprehensive/MT
Insured:     PNC Bank, N.A., Pittsburgh, PA    
Buyer:       Ingeniería de Maquinaria de Guadalupe S.A de C.V., Castaños, 
             Coahuila, Mexico
Guarantors:  Gustavo Galaz-Mendoza and Eva Galaz-Caletti, Castaños, Coahuila, Mexico
End-User:    Ingeniería de Maquinaria de Guadalupe S.A de C.V., Castaños, Coahuila, Mexico
Exporters:   Krasny-Kaplan Corporation, Cleveland, OH 44128-5996
             Sesco Products Group, Inc., Sterling Heights, MI 48310-2299
Suppliers:   Krasny-Kaplan Corporation, Cleveland, OH 44128-5996
             Galaxie Corporation, Detroit, MI 48227-2760   
             Sesco Products Group, Inc., Sterling Heights, MI 48310-2299
Broker:      Export Insurance Agency, Walpole, MA
Product/Use: Rebuilt roll forming machine, and new cradle, straightener, and shear system 
Ex-Im Bank Liability (Millions): USD1 - USD5
Credit Committee Decision: APPROVED