News | Board Minutes | 2001

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
DECEMBER 27, 2001


Item No. 1
Extension of Ex-Im Bank's Environmental Procedures & Guidelines and
Nuclear Procedures & Guidelines
Board Decision: Approved extension with no modifications or revisions for
                  a period of one year, through December 14, 2002.

Item No. 2
Minutes of Meeting of October 4, 2001, to be approved
Board Decision: Approved

Item No. 3
Minutes of Meeting of November 8, 2001, to be approved
Board Decision: Approved

Item No. 4
Minutes of Meeting of November 15, 2001, to be approved
Board Decision: Approved

Item No. 5
Minutes of Meeting of November 20, 2001, to be approved
Board Decision: Approved


ITEM NO 6
Country VENEZUELA                              AP077891XX
Request for FINAL COMMITMENT
Applicant      SOCIETE GENERALE, NEW YORK NY
Borrower       MINST OF FINANCE OF THE BOLIVARIAN REP, CARACAS VENEZUELA
Guarantor      NONE
Buyer          METRO DE MARACAIBO C.A., MARACAIBO, ZULIA VENEZUELA
End-user       METRO DE MARACAIBO C.A., MARACAIBO, ZULIA VENEZUELA
Exporter       SIEMENS TRNSP SYSTEMS INC, SACRAMENTO CA
Supplier       SIEMENS TRNSP SYSTEMS INC, SACRAMENTO CA
Supplier       SIEMENS INDUSTRIAL AUTOMATION, ALPHARETTA GA
Supplier       ADDITIONAL SUPPLIERS
Gteed Lender   SOCIETE GENERALE, NEW YORK NY
Project Name METRO DE MARACIABO
Project Description LIGHT RAIL TRANSIT SYSTEM
Product Description ELECTRIFICATION & TELECOMMUNICATION
Financed Amount USD   26,311,960
Repayment Term  10 YEARS
Board Decision APPROVED
       

ITEM NO 7
Country VENEZUELA                              AP077871XX
Request for FINAL COMMITMENT
Applicant      BNP-PARIBAS, NEW YORK NY
Borrower       MINST OF FINANCE OF THE BOLIVARIAN REP, CARACAS VENEZUELA
Guarantor      NONE
Buyer          C.A. METRO DE VALENCIA, CARABOBO VENEZUELA
End-user       C.A. METRO DE VALENCIA, CARABOBO VENEZUELA
Exporter       SIEMENS TRNSP SYSTEMS INC, SACRAMENTO CA
Supplier       SIEMENS TRNSP SYSTEMS INC, SACRAMENTO CA
Supplier       MASS ELECTRIC CONSTRUCTION CO, BOSTOM MA
Supplier       ADDITIONAL SUPPLIERS
Gteed Lender   BNP-PARIBAS, NEW YORK NY
Project Name VALENCIA LIGHT RAIL SYSTEM, PHASE 2B
Project Description LIGHT RAIL SYSTEM
Product Description ELECTRIFICATION & TRAIN CONTROL SYSTEM
Financed Amount USD   30,558,616
Repayment Term  10 YEARS
Board Decision APPROVED

ITEM NO 8
Country AUSTRALIA                              AP078069XX
Request for FINAL COMMITMENT
Applicant      BARCLAYS BANK PLC, NEW YORK NY
Borrower       SPV/QANTAS AIRWAYS LTD., MASCOT, NSW 2020 AUSTRALIA
Guarantor      NONE
Buyer          SPV/QANTAS AIRWAYS LTD., MASCOT, NSW 2020 AUSTRALIA
End-user       QANTAS AIRWAYS LTD, MASCOT, NSW 2020 AUSTRALIA
Exporter       BOEING COMPANY, THE, SEATTLE WA
Supplier       BOEING COMPANY, THE, SEATTLE WA
Supplier       CFM INTERNATIONAL INC, CINCINNATI OH
Gteed Lender   BARCLAYS BANK PLC AUSTRALIA BRANCH, SYDNEY NSW 2000 AUSTRALIA
Lessor         SPV/QANTAS AIRWAYS LTD., MASCOT, NSW 2020 AUSTRALIA
Lessee         QANTAS AIRWAYS LTD, MASCOT, NSW 2020 AUSTRALIA
Cofin ECA      None
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
Board Decision REFER TO U.S. CONGRESS


ITEM NO 9A
Country IRELAND                      AP072813XX (Conversion No. 4)
Request for FINAL COMMITMENT
Applicant      RYANAIR HOLDINGS PLC, CLOGHRAN IRELAND
Borrower       SPV/RYANAIR LTD., CLOGHRAN IRELAND
Guarantor      NONE
Buyer          SPV/RYANAIR LTD., CLOGHRAN IRELAND
End-user       RYANAIR LTD., CLOGHRAN IRELAND
Exporter       BOEING COMPANY, THE, SEATTLE WA
Supplier       BOEING COMPANY, THE, SEATTLE WA
Supplier       CFM INTERNATIONAL INC, CINCINNATI OH
Gteed Lender   PRIVATE EXPORT FUNDING CORP, NEW YORK NY
Lessor         SPV/RYANAIR LTD., CLOGHRAN IRELAND
Lessee         RYANAIR LTD., CLOGHRAN IRELAND
Cofin ECA      None
Project Description AIR TRANSPORTATION
Product Description  AIRCRAFT
Financed Amount USD  148,835,000
Repayment Term  12 YEARS
Board Decision APPROVED
                        

ITEM NO 9B
Country IRELAND                                PC072813XX
Request for AMENDMENT OF PRELIMINARY COMMITMENT
Applicant      BOEING COMPANY, THE, SEATTLE WA
Borrower       SPV/RYANAIR LTD., CLOGHRAN IRELAND
Guarantor      NONE
Buyer          SPV/RYANAIR LTD., CLOGHRAN IRELAND
End-user       RYANAIR LTD., CLOGHRAN IRELAND
Exporter       BOEING COMPANY, THE, SEATTLE WA
Supplier       BOEING COMPANY, THE, SEATTLE WA
Supplier       CFM INTERNATIONAL INC, CINCINNATI OH
Gteed Lender   FINANCIAL INSTITUTION ACCEPTABLE TO EIB, UNKNOWN 
Lessor         SPV/RYANAIR LTD., CLOGHRAN IRELAND
Lessee         RYANAIR LTD., CLOGHRAN IRELAND
Cofin ECA      None
Project Description AIR TRANSPORTATION
Product Description Aircraft
Ex-Im Bank Liability (Millions): USD20+
PC Expiry Date 01/14/02
Board Decision APPROVED


Item No. 10a.
Country: RUSSIA	Policy No: ESS-220160				
Request for: Insurance extension			
Policy Type: Short-Term Single Buyer		
Coverage Type/Term: Comprehensive/ST
Insured:     Coretest Systems, Inc., San Jose, CA 95119-1241
Obligor:     International Moscow Bank, Moscow, Russia
Guarantor:   None
End-Users:   ISC Surgutneftagas, Russia
Exporter:    Coretest Systems, Inc., San Jose, CA 95119-1241
Supplier:    Coretest Systems, Inc., San Jose, CA 95119-1241
Broker:      Meridian Financial Group, Los Angeles, CA 90025-2551
Product/Use: Core analysis and laboratory test equipment for analysis of oil fields
Ex-Im Bank Liability (Millions): USD 0 - USD1	
Board Decision: APPROVED

Item No. 10b.
Country: RUSSIA 
Obligor: International Moscow Bank, Moscow, Russia
Request for Short-Term Special Delegated Authority
Board Decision: APPROVED

                   

Item No. 11
Country DOMINICAN REPUBLIC                     AP077604XX
Request for FINAL COMMITMENT 
Also Request from PEFCO for Ex-Im Bank approval of its participation in the
proposed financing.
Applicant      DOMINICAN REPUBLIC, SANTO DOMINGO DOMINICAN REP
Borrower       DOMINICAN REPUBLIC, SANTO DOMINGO DOMINICAN REP
Guarantor      NONE
Buyer          NATIONAL INSTITUTE OF HOUSING, SANTO DOMINGO DOMINICAN REP
End-user       NATIONAL INSTITUTE OF HOUSING, SANTO DOMINGO DOMINICAN REP
Exporter       HEXAPORT INTERNATIONAL LTD, WEARE NH
Supplier       HEXAPORT INTERNATIONAL LTD, WEARE NH
Supplier       KOHLER CO, KOHLER WI
Supplier       ADDITIONAL SUPPLIERS
Gteed Lender   PRIVATE EXPORT FUNDING CORP. (PEFCO), NEW YORK NY
Project Name MULTI-SITE LOW INCOME HOUSING PROJECT
Project Description GOVERNMENT HOUSING PROJECTS
Product Description ENGRG SVCS
Financed Amount USD   95,960,228
Repayment Term  10 YEARS
Board Decision APPROVED - ALSO APPROVED PEFCO PARTICIPATION.


ITEM NO 12
Country TURKEY                                 AP077704XX
Request for FINAL COMMITMENT
Applicant      COMPASS BANK, BIRMINGHAM AL
Borrower       UNDERSECRETARIAT OF TREASURY, ANKARA 06510 TURKEY
Guarantor      NONE
Buyer          MINISTRY OF INTERIOR AFFAIRS, ANKARA TURKEY
End-user       TURKISH NATIONAL POLICE, ANKARA TURKEY
Exporter       MD HELICOPTERS INC, MESA AZ
Supplier       MD HELICOPTERS INC, MESA AZ
Gteed Lender   COMPASS BANK, BIRMINGHAM AL
Project Description PUBLIC ORDER & SAFETY - HELICOPTERS
Product Description LIGHT DUTY HELICOPTERS W/EQPMNT
Financed Amount USD   22,208,418
Repayment Term  7 YEARS
Board Decision APPROVED


ITEM NO 13
Country VENEZUELA                              AP077286XX
Request for FINAL COMMITMENT
Applicant      MELLON BANK NA, PITTSBURGH PA
Borrower       MINST OF FINANCE OF THE BOLIVARIAN REP, CARACAS VENEZUELA
Guarantor      NONE
Buyer          DIQUES Y ASTILLEROS, C.A., PUERTO CABELLO, ESTADO CARABOBO 1060
                 VENEZUELA
End-user       VENEZUELAN NATIONAL GUARD, CARACAS, MIRANDA 1010 VENEZUELA
Exporter       TROY COMPANY, MIAMI FL
Exporter       A T N INDUSTRIES INC, MIAMI FL
Supplier       DETYENS SHIPYARDS INC, NORTH CHARLESTON SC
Supplier       A T N INDUSTRIES INC, MIAMI FL
Gteed Lender   MELLON BANK NA, PITTSBURGH PA
Project Name NATIONAL SECURITY - TRANSPORT BARGES
Project Description NATIONAL SECURITY - TRANSPORT BARGES
Product Description TRANSPORT BARGES
Financed Amount USD 1,696,071
Repayment Term  5 YEARS
Board Decision APPROVED

>