News | Board Minutes | 1998

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
DECEMBER 21, 1998                        

ITEM NO  3
Country ISRAEL                                 AP066890XX
Request for AMENDMENT OF FINAL COMMITMENT
Applicant      ISRAEL ELECTRIC CORP LTD, HAIFA, 31000 ISRAEL
Borrower       ISRAEL ELECTRIC CORP LTD, HAIFA, 31000 ISRAEL
Guarantor      NONE
Buyer          ISRAEL ELECTRIC CORP LTD, HAIFA, 31000 ISRAEL
End-user       ISRAEL ELECTRIC CORP LTD, HAIFA, 31000 ISRAEL
Exporter       THE BABCOCK & WILCOX COMPANY, NEW ORLEANS LA
Supplier       THE BABCOCK & WILCOX COMPANY, NEW ORLEANS LA
Supplier       DUSENBERY ENGINEERING CO, MORRISTOWN NJ
Supplier       ADDITIONAL SUPPLIERS
Gteed Lender   CHASE MANHATTAN CAPITAL CORP, NEW YORK NY
Project Name RUTENBERG B POWER PROJECT
Project Description ELECTRIC POWER GENERARION-COAL
Product Description BOILERS (2 X 550 MW COAL FIRED)
Board Decision APPROVED

ITEM NO  4
Country TURKEY                                 AP073401XX
Request for FINAL COMMITMENT
Applicant      CHASE BANK OF TEXAS NA, HOUSTON TX
Borrower       ZORLU ENERJI ELEKTRIK URETIMI OTOPRODUKT, 4 LEVENT, ISTANBUL TURKEY
Guarantor      ZORLU, AHMET NAZIF, ISTANBUL, TURKEY
Guarantor      ZORLU HOLDING A.S., EMINONU, ISTANBUL, TURKEY
Guarantor      ADDITIONAL GUARANTORS
Buyer          ZORLU ENERJI ELEKTRIK URETIMI OTOPRODUKT, 4 LEVENT, ISTANBUL TURKEY
End-user       ZORLU ENERJI ELEKTRIK URETIMI OTOPRODUKT, 4 LEVENT, ISTANBUL TURKEY
Exporter       GE PACKAGED POWER INC, HOUSTON TX
Supplier       GE PACKAGED POWER INC, HOUSTON TX
Gteed Lender   CHASE BANK OF TEXAS NA, HOUSTON TX
Project Description COMBINED CYCLE POWER PLANT
Product Description 2 GAS TURBINE SETS & 1 NOX EMISS SYSTEM
Financed Amount USD 20,017,362
Repayment Term  5 YEARS
Board Decision APPROVED