News | Board Minutes | 1998

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE
DECEMBER 16, 1998

ITEM NO 1
Country GHANA                                  AP074324XX
Request for FINAL COMMITMENT
Applicant      FIRST NATIONAL BANK OF NEW ENGLAND INC., HARTFORD CT
Borrower       NOVA COMPLEX LTD., TEMA GHANA
Guarantor      KUGBE, MARTHA, TEMA GHANA
Guarantor      QUANSAH, DIANA, TEMA GHANA
Buyer          NOVA COMPLEX LTD., TEMA GHANA
End-user       NOVA COMPLEX LTD., TEMA GHANA
Exporter       INTERNATIONAL TRADEMART, INC., CRANFORD NJ
Supplier       HEATCRAFT INC., STONE MOUNTAIN GA
Gteed Lender   FIRST NATIONAL BANK OF NEW ENGLAND INC., HARTFORD CT
Project Description FISH WHOLESALER
Product Description AIR-COOLED SEMI-HERMETIC SYSTEMS
Financed Amount USD1,063,339
Repayment Term  5 YEARS
Credit Committee Decision APPROVED

Item No. 2
Country: Argentina                     Policy No.:  MTA-194878
Request for: Insurance Commitment (New) 
Policy Type: Single Sale/Single Shipment       
Coverage Type/Term: Comprehensive/MT
Insured:       Air Tractor Inc., Olney, TX
Buyer/Obligor: Yebila, S.A., Buenos Aires, Argentina
Guarantor:     Heptagro, S.A., Buenos Aires, Argentina
End-User:      Yebila, S.A., Buenos Aires, Argentina
Exporter:      Air Tractor Inc., Olney, TX
Supplier:      Air Tractor Inc., Olney, TX
Product:       Turbo Airplane and accessories
Credit Committee Decision: DENIED