News | Board Minutes | 1998

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE
DECEMBER 18, 1998

Item No. 4
Country: Ecuador                             Policy No.: MTA-196659 
Request for: Insurance Commitment (New)
Policy Type: Single Sale/Single Shipment 
Coverage Type/Term: Comprehensive/MT
Insured: First Union National Bank, Philadelphia, PA
Buyer/Obligor: Banco del Pichincha C.A., Quito, Ecuador
Guarantor:     None
End-User:      Dr. Alfonso Ortega and Ing. Ernesto Ortega, Guayaquil, Ecuador
Exporter:      Gulfstream Truck Sales, Inc., Pompono Beach, FL
Supplier:      Volvo Trucks North America, Greensboro, NC
Product:       Volvo Trucks 
Ex-Im Bank Liability (Millions): USD0 - USD1
Credit Committee Decision: APPROVED

Item No. 5
Country: Guatemala              Policy No.:  MTR-195693
Request for: Insurance Policy (New) 
Policy Type: Revolving Sales/Multiple Shipments   
Coverage Type/Term: Comprehensive/MT
Insured:        First National Bank of Maryland, Baltimore, MD
Buyer/Obligor:  Pantaleon, S.A., Ciudad de Guatemala, Guatemala
Guarantors:     None
End-User:       Pantaleon, S.A., Ciudad de Guatemala, Guatemala 
Suppliers/Exporters:  John Deere International, GMBH
                      Freightliner Corp.
Suppliers/Exporter: Additional Suppliers & Exporters
Products:  Sugar cane growing, milling and refining equipment
Ex-Im Bank Liability (Millions): USD1 - USD5
Credit Committee Decision: APPROVED