News | Board Minutes | 1998

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
DECEMBER 17, 1998

Item NO.  1
MULTIBUYER EXPORT CREDIT INSURANCE POLICY NO. ESC-196733           
COMPREHENSIVE/NEW
Insured  AMERICAN NATURAL SODA ASH CORP., WESTPORT, CT
Products SODIUM CARBONATE
Ex-Im Bank Liability (Millions): USD20+
Board Decision   APPROVED

ITEM NO. 2
Working Capital Guarantee No. AP066390XB
Request for AMENDMENT OF FINAL COMMITMENT/RENEWAL
Applicant       FIRST UNION NATIONAL BANK, N.A., PHILADELPHIA PA
Gteed Lender    FIRST UNION NATIONAL BANK, N.A., PHILADELPHIA PA
Obligor(s):     JOINTLY AND SEVERALLY
                GSE POWER SYSTEMS INC., COLUMBIA MD
                MSHI, INC., COLUMBIA MD
Guarantor(s):   JOINTLY AND SEVERALLY      
                GSE SYSTEMS INC, COLUMBIA MD
                GS INFORMATION SYSTEMS FSC, LTD., BRIDGETOWN BARBADOS
Products:       POWER PLANT SIMULATORS, ETC.
Board Decision APPROVED

Items No. 3, 4, 5 & 6  - WITHDRAWN

ITEM NO  7
Country PHILIPPINES                            PC068870XX
Request for AMENDMENT OF PRELIMINARY COMMITMENT
Applicant      TIDELAND SIGNAL CORPORATION, HOUSTON TX
Borrower       DEPT OF FINANCE OF PHILIPPINES, METRO MANILA PHILIPPINES
Guarantor      NONE
Buyer          DEPT OF TRANSPORT & COMMUNICATIONS, METRO MANILA PHILIPPINES
End-user       DEPT OF TRANSPORT & COMMUNICATIONS, METRO MANILA PHILIPPINES
Exporter       TIDELAND SIGNAL CORPORATION, HOUSTON TX
Supplier       TIDELAND SIGNAL CORPORATION, HOUSTON TX
Project Name   MARINE SAFETY IMPROVEMENT PROJECT
Project Description ADMINISTRATION OF MARINE TRANSPORT
Product Description MARINE AIDS & NAVIGATIONAL EQUIPMENT
Ex-Im Bank Liability (Millions) USD5 - 20
PC Expiry Date 02/14/99
Board Decision APPROVED