News | Board Minutes | 1998

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE
DECEMBER 11, 1998

ITEM NO  1
Country MEXICO                                 AP074254XX
Request for FINAL COMMITMENT
Applicant      FIRST NATIONAL BANK OF NEW ENGLAND INC., HARTFORD CT
Borrower       PROBIOMED, S.A. DE C.V., COL. AMPLIACION GRANADA 11520 MEXICO
Guarantor      URIBE DE LA MORA, JAIME, COL AMPLIACION GRANADA  11520 MEXICO       
Guarantor      PROQUIFIN, S.A. DE C.V., COL. AMPLIACION GRANADA 11520 MEXICO
Buyer          PROBIOMED, S.A. DE C.V., COL. AMPLIACION GRANADA 11520 MEXICO
End-user       PROBIOMED, S.A. DE C.V., COL. AMPLIACION GRANADA 11520 MEXICO
Exporter       NEW BRUNSWICK SCIENTIFIC CO, EDISON NJ
Supplier       WATERS ASSOCIATES INC, MILFORD MA
Supplier       NEW BRUNSWICK SCIENTIFIC CO, EDISON NJ
Supplier       ADDITIONAL SUPPLIERS
Gteed Lender   FIRST NATIONAL BANK OF NEW ENGLAND INC., HARTFORD CT
Project Description PHARMACEUTICALS/BIOTECHNOLOGY
Product Description FERMENTATION SYSTEMS
Financed Amount USD394,551
Repayment Term  5 YEARS
Credit Committee Decision APPROVED

ITEM NO  2
Country MEXICO                                 AP073951XX
Request for FINAL COMMITMENT
Applicant      STANDARD CHARTERED BANK, MIAMI FL
Borrower       DESARROLLADORA INMOBILIARIA DE PUEBLA SA, SN. ANDRES CHOLULA, PUE. MEXICO
Guarantor      GRUPO IUSA S.A. DE C.V., MEXICO CITY, D.F. MEXICO
Buyer          DESARROLLADORA INMOBILIARIA DE PUEBLA SA, SN. ANDRES CHOLULA, PUE. MEXICO
End-user       DESARROLLADORA INMOBILIARIA DE PUEBLA SA, SN. ANDRES CHOLULA, PUE. MEXICO
Exporter       PARAGON CONSTRUCTION INTERNATIONAL INC, NORTH PALM BEACH FL
Supplier       VON HAGGE DESIGN ASSOCIATES, SPRING TX
Supplier       PARAGON CONSTRUCTION INTERNATIONAL INC, NORTH PALM BEACH FL
Gteed Lender   STANDARD CHARTERED BANK, MIAMI FL
Project Name LA VISTA
Project Description GOLF COURSE
Product Description DESIGN & CONSTRUCTION EQUIPMENT
Financed Amount USD5,698,899
Repayment Term  5 YEARS
Credit Committee Decision APPROVED