News | Board Minutes | 2003

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
JANUARY 16, 2003


Resolution in Honor of Dan Renberg, Director, upon his resignation.

ITEM NO 1	Minutes of November 26, 2002 Board Meeting to be approved.
		Board Decision:  HELD

ITEM NO 2	Minutes of January 9, 2003 Board Meeting to be approved.
Board Decision:  APPROVED

ITEM NO 3
Country AUSTRALIA                              AP078069XX
Request for AMENDMENT OF FINAL COMMITMENT
Applicant      BARCLAYS BANK PLC, NEW YORK NY
Applicant      BNP PARIBAS, 75031 PARIS CEDEX 01 FRANCE
Borrower       SPV/QANTAS AIRWAYS LTD., MASCOT, NSW 2020 AUSTRALIA
Guarantor      NONE
Buyer          SPV/QANTAS AIRWAYS LTD., MASCOT, NSW 2020 AUSTRALIA
End-user       QANTAS AIRWAYS LTD, MASCOT, NSW 2020 AUSTRALIA
Exporter       THE BOEING COMPANY, RENTON WA
Exporter       BOEING COMPANY,THE, EVERETT WA
Supplier       CFM INTERNATIONAL INC, CINCINNATI OH
Supplier       GENERAL ELECTRIC COMPANY INC, CINCINNATI OH
Supplier       ADDITIONAL SUPPLIERS
Gteed Lender   BARCLAYS BANK PLC AUSTRALIA BRANCH, SYDNEY NSW 2000 AUSTRALIA
Gteed Lender   BNP PARIBAS ABN, SYDNEY AUSTRALIA
Lessor         SPV/QANTAS AIRWAYS LTD., MASCOT, NSW 2020 AUSTRALIA
Lessee         QANTAS AIRWAYS LTD, MASCOT, NSW 2020 AUSTRALIA
Cofin ECA	   None
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
Board Decision APPROVED 
     
ITEM NO 4A
Country PAKISTAN                               AP079190XX
Request for FINAL COMMITMENT
Applicant      PAKISTAN INTERNATIONAL AIRLINES CORP, KARACHI 75200, PAKISTAN
Borrower       SPV/PAKISTAN INTERNATIONAL AIRLINES CORP, KARACHI 75200 PAKISTAN
Guarantor      GOVERNMENT OF PAKISTAN, ISLAMABAD PAKISTAN PAKISTAN
Buyer          SPV/PAKISTAN INTERNATIONAL AIRLINES CORP, KARACHI 75200 PAKISTAN
End-user       PAKISTAN INTERNATIONAL AIRLINES CORP, KARACHI 75200, PAKISTAN
Exporter       BOEING COMPANY,THE, EVERETT WA
Supplier       BOEING COMPANY,THE, EVERETT WA
Supplier       GENERAL ELECTRIC COMPANY INC, CINCINNATI OH
Gteed Lender   CITIBANK N.A., NEW YORK NY
Lessor         SPV/PAKISTAN INTERNATIONAL AIRLINES CORP, KARACHI 75200 PAKISTAN
Lessee         PAKISTAN INTERNATIONAL AIRLINES CORP, KARACHI 75200, PAKISTAN
Cofin ECA	   None
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT 
Board Decision REFERRED TO U.S. CONGRESS 


ITEM NO 4B
Country PAKISTAN                               PC079207XX
Request for PRELIMINARY COMMITMENT
Applicant      PAKISTAN INTERNATIONAL AIRLINES CORP, KARACHI 75200, PAKISTAN
Borrower       SPV/PAKISTAN INTERNATIONAL AIRLINES CORP, KARACHI 75200 PAKISTAN
Guarantor      GOVERNMENT OF PAKISTAN, ISLAMABAD PAKISTAN PAKISTAN
Buyer          SPV/PAKISTAN INTERNATIONAL AIRLINES CORP, KARACHI 75200 PAKISTAN
End-user       PAKISTAN INTERNATIONAL AIRLINES CORP, KARACHI 75200, PAKISTAN
Exporter       BOEING COMPANY,THE, EVERETT WA
Supplier       BOEING COMPANY,THE, EVERETT WA
Supplier       GENERAL ELECTRIC COMPANY INC, CINCINNATI OH
Gteed Lender   FINANCIAL INSTITUTION ACCEPTABLE TO EIB, UNKNOWN ZZ
Lessor         SPV/PAKISTAN INTERNATIONAL AIRLINES CORP, KARACHI 75200 PAKISTAN
Lessee         PAKISTAN INTERNATIONAL AIRLINES CORP, KARACHI 75200, PAKISTAN
Cofin ECA	   None
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT 
Board Decision REFERRED TO U.S. CONGRESS 
 

ITEM NO 5
Country DOMINICAN REPUBLIC                     AP078063XX
Request for FINAL COMMITMENT
Applicant      UNIDAD CORPORATIVE MINERA, SANTO DOMINGO DOMINICAN REP
Borrower       GOVT OF DOMINICAN REPUBLIC, SANTO DOMINGO DOMINICAN REP
Guarantor      NONE
Buyer          UNIDAD CORPORATIVE MINERA, SANTO DOMINGO DOMINICAN REP
End-user       UNIDAD CORPORATIVE MINERA, SANTO DOMINGO DOMINICAN REP
Exporter       SRK CONSULTING, LAKEWOOD CO
Supplier       SRK CONSULTING, LAKEWOOD CO
Supplier       CATERPILLAR INC, PEORIA IL
Gteed Lender   JP MORGAN CHASE, NEW YORK NY
Project Name PUEBLO VIEJO
Project Description PUEBLO VIEJO MINE ENVIRONMENTAL PROJECT
Product Description ENGINEERING & ENVIRONMENTAL SERVICES
Financed Amount USD 49,624,945
Repayment Term  10 YEARS
Board Decision APPROVED


ITEM NO 6
Country DOMINICAN REPUBLIC                     AP078825XX
Request for FINAL COMMITMENT
Applicant      MELLON FINANCIAL CORPORATION, PITTSBURGH PA
Borrower       GOVT OF DOMINICAN REPUBLIC,SANTO DOMINGO,DISTRITO NACIONAL DOMINICAN REP
Guarantor      NONE
Buyer          SEC DE ESTADO DE OBRAS PUBLICAS Y COMMUN, SANTO DOMINGO DOMINICAN REP
End-user       SEC DE ESTADO DE OBRAS PUBLICAS Y COMMUN, SANTO DOMINGO DOMINICAN REP
Exporter       TRIGEANT LTD, BOCA RATON FL
Supplier       TRIGEANT LTD, CORPUS CHRISTI TX
Supplier       TRIGEANT LTD, BOCA RATON FL
Gteed Lender   MELLON FINANCIAL CORPORATION, PITTSBURGH PA
Project Description ROAD REHABILITATION & RECONSTRUCTION
Product Description AC-30 ASPHALT CEMENT
Financed Amount USD 45,279,500
Repayment Term  5 YEARS
Board Decision APPROVED
 
                 
ITEM NO 7
Country TURKEY                                 AP061856XX
Request for AMENDMENT OF FINAL COMMITMENT
Applicant      MINST OF NATIONAL DEFENSE(SSM), 06100 BAHCELIEVLER ANKARA TURKEY
Borrower       MINST OF NATIONAL DEFENSE(SSM), 06100 BAHCELIEVLER ANKARA TURKEY
Guarantor      UNDERSECRETARIAT OF TREASURY, ANKARA 06510 TURKEY
Buyer          MINST OF NATIONAL DEFENSE(SSM), 06100 BAHCELIEVLER ANKARA TURKEY
End-user       MINST OF NATIONAL DEFENSE(SSM), 06100 BAHCELIEVLER ANKARA TURKEY
Exporter       SIKORSKY AIRCRAFT CORPORATION, STRATFORD CT
Supplier       SIKORSKY AIRCRAFT CORPORATION, STRATFORD CT
Gteed Lender   JPMORGAN CHASE BANK, BROOKLYN NY
Project Description NATIONAL SECURITY
Product Description HELICOPTERS
Repayment Term  10 YEARS
Board Decision APPROVED


ITEM NO 8
Country ISRAEL                                 AP078104XX
Request for FINAL COMMITMENT
Applicant      BNP-PARIBAS, NEW YORK NY
Borrower       ISRAEL ELECTRIC CORP LTD, HAIFA 31086 ISRAEL
Guarantor      NONE
Buyer          ISRAEL ELECTRIC CORP LTD, HAIFA 31086 ISRAEL
End-user       ISRAEL ELECTRIC CORP LTD, HAIFA 31086 ISRAEL
Exporter       GENERAL ELECTRIC COMPANY INC, SCHENECTADY NY
Supplier       GENERAL ELECTRIC COMPANY INC, SCHENECTADY NY
Supplier       GENERAL ELECTRIC COMPANY INC, PLAINVILLE CT
Gteed Lender   BNP-PARIBAS, NEW YORK NY
Project Name ALON TABOR & ESHKOL
Project Description GAS TURBINE POWER PLANTS
Product Description ELECTRIC GENERATORS
Financed Amount USD 51,572,972
Repayment Term  12 YEARS
Board Decision APPROVED