News | Board Minutes | 1999

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE
DECEMBER 3, 1999



ITEM NO 1
Country MEXICO                        AP075552XX
Request for FINAL COMMITMENT
Applicant      ALLFIRST BANK, BALTIMORE MD
Borrower       CIFUNSA DIESEL, S.A. DE C.V., SALTILLO, COAHUILA 25280 MEXICO
Guarantor      MANUFACTURAS CIFUNSA, S.A. DE C.V., SALTILLO, COAHUILA 25280 MEXICO
Buyer          CIFUNSA DIESEL, S.A. DE C.V., SALTILLO, COAHUILA 25280 MEXICO
End-user       CIFUNSA DIESEL, S.A. DE C.V., SALTILLO, COAHUILA 25280 MEXICO
Exporter       ABB AUTOMATION INC., NORTH BRUNSWICK NJ
Supplier       ABB AUTOMATION INC., NORTH BRUNSWICK NJ
Gteed Lender   ALLFIRST BANK, BALTIMORE MD
Project Description MANUFACTURER OF DIESEL ENGINE CASTINGS
Product Description MELTING SYSTEM W/TWO INDUCTION FURNACES
Financed Amount USD2,836,416
Repayment Term  5 YEARS
Credit Committee Decision APPROVED


ITEM NO 2
Country MEXICO                          AP075553XX
Request for FINAL COMMITMENT
Applicant      ALLFIRST BANK, BALTIMORE MD
Borrower       MANUFACTURAS CIFUNSA, S.A. DE C.V., SALTILLO, COAHUILA 25280 MEXICO
Guarantor      NONE
Buyer          MANUFACTURAS CIFUNSA, S.A. DE C.V., SALTILLO, COAHUILA 25280 MEXICO
End-user       MANUFACTURAS CIFUNSA, S.A. DE C.V., SALTILLO, COAHUILA 25280 MEXICO
Exporter       CMI EQUIPMENT ENGINEERING, CHICAGO IL
Exporter       BEARDSLEY & PIPER L.L.C., AURORA IL
Supplier       CMI EQUIPMENT ENGINEERING, CHICAGO IL
Supplier       BEARDSLEY & PIPER L.L.C., AURORA IL
Gteed Lender   ALLFIRST BANK, BALTIMORE MD
Project Description MFR OF ENGINES BLOCKS AND HEADS
Product Description GAS GENERATOR & POLLUTION CONTROL SYSTEM
Financed Amount USD499,430
Repayment Term  5 YEARS
Credit Committee Decision APPROVED