News | Board Minutes | 2000

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
JULY 6, 2000

ITEM NO 1
Country MEXICO                                 AP075603XX
Request for FINAL COMMITMENT
Applicant      FORTIS (USA) FINANCE LLC, NEW YORK NY
Borrower       BANCO NACIONAL DE OBRAS Y SERVICIOS PUBL, MEXICO, DISTRITO F MEXICO
Guarantor      NONE
Buyer          BANCO NACIONAL DE OBRAS Y SERVICIOS PUBL, MEXICO, DISTRITO F MEXICO
End-user       COMISION FEDERAL DE ELECTRICIDAD, CIUDAD DE MEXICO, DISTRITO FEDERAL MEXICO
Exporter       TIME MANUFACTURING COMPANY, WACO TX
Exporter       TEREX CORPORATION, WESTPORT CT
Exporter       ADDITIONAL EXPORTERS
Supplier       TEREX CORPORATION, WESTPORT CT
Supplier       TIME MANUFACTURING COMPANY, WACO TX
Supplier       ADDITIONAL SUPPLIERS
Gteed Lender   FORTIS (USA) FINANCE LLC, NEW YORK NY
Lessor         ARRENDADORA FINANCIERA BANOBRAS SA DE CV, MEXICO CITY D.F. 03940 MEXICO
Lessee         COMISION FEDERAL DE ELECTRICIDAD, CIUDAD DE MEXICO, DISTRITO FEDERAL MEXICO
Project Description ELECTRICAL POWER DISTRIBUTION
Product Description CRANES - ARTICULATING & TELESCOPIC
Financed Amount USD12,651,383
Repayment Term  4 YEARS
Board Decision APPROVED

ITEM NO 2
Country COLOMBIA                               PC076082XX
Request for PRELIMINARY COMMITMENT
Applicant      PETROQUIMICA COLOMBIANA SA, SANTA FE DE BOGOTA, D C COLOMBIA
Borrower       PETROQUIMICA COLOMBIANA SA, SANTA FE DE BOGOTA, D C COLOMBIA
Guarantor      NONE
Buyer          PETROQUIMICA COLOMBIANA SA, SANTA FE DE BOGOTA, D C COLOMBIA
End-user       PETROQUIMICA COLOMBIANA SA, SANTA FE DE BOGOTA, D C COLOMBIA
Exporter       ENGINEERING AMERICA INC, MIAMI FL
Supplier       ENGINEERING AMERICA INC, MIAMI FL
Supplier       CONSUTEC INC, TAMPA FL
Supplier       ADDITIONAL SUPPLIERS
Gteed Lender   FINANCIAL INSTITUTION ACCEPTABLE TO EIB, UNKNOWN DC
Project Description POLYPROPYLENE PRODUCTION
Product Description CHEMICAL PROCESS EQUIPMENT
Ex-Im Bank Liability (Millions): USD5 - USD20
PC Expiry Date: 11/15/00
Board Decision APPROVED

ITEM NO 3
Country BRAZIL                                 AP075930XX
Request for FINAL COMMITMENT
Applicant      BANK OF AMER NAT TR SAV ASSN, SAN FRANCISCO CA
Borrower       CIA VALE DO RIO DOCE, RIO DE JANEIRO, RJ BRAZIL
Guarantor      NONE
Buyer          CIA VALE DO RIO DOCE, RIO DE JANEIRO, RJ BRAZIL
End-user       CIA VALE DO RIO DOCE, RIO DE JANEIRO, RJ BRAZIL
Exporter       GENERAL ELECTRIC COMPANY, ERIE PA
Supplier       GENERAL ELECTRIC COMPANY, ERIE PA
Supplier       WESTINGHOUSE AIR BRAKE CO, WILMERDING PA
Supplier       ADDITIONAL SUPPLIERS
Gteed Lender   BANK OF AMER NAT TR SAV ASSN, SAN FRANCISCO CA
Project Description RAILROAD TRANSPORTATION
Product Description LOCOMOTIVES
Financed Amount USD27,696,455
Repayment Term  10 YEARS
Board Decision APPROVED

ITEM NO 4
Country CHINA (MAINLAND)                       AP076331XX
Request for FINAL COMMITMENT
Applicant      CHASE SECURITIES INC, NEW YORK NY
Borrower       SPV/HAINAN AIRLINES CO. LTD., HAINAN 570206 CHINA(MAINLAND)
Guarantor      BANK OF CHINA, 10037 BEIJING CHINA(MAINLAND)
Buyer          SPV/HAINAN AIRLINES CO. LTD., HAINAN 570206 CHINA(MAINLAND)
End-user       HAINAN AIRLINES CO. LTD., HAINAN 570206 CHINA(MAINLAND)
Exporter       BOEING COMPANY, THE, SEATTLE WA
Supplier       BOEING COMPANY, THE, SEATTLE WA
Supplier       CFM INTERNATIONAL INC, CINCINNATI OH
Gteed Lender   CHASE MANHATTAN BANK, NEW YORK NY
Lessor         SPV/HAINAN AIRLINES CO. LTD., HAINAN 570206 CHINA(MAINLAND)
Lessee         HAINAN AIRLINES CO. LTD., HAINAN 570206 CHINA(MAINLAND)
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
Financed Amount USD81,830,971
Repayment Term  12 YEARS
Board Decision APPROVED

Item No. 5
Country: Mexico                                   Policy No.:  FB-206938
Request For: Insurance Policy (Amendment)
Policy Type: Financial Institution Buyer Credit
Coverage Type/Term: Comprehensive/ST
Insured:        STANDARD CHARTERED BANK, MIAMI, FL
Buyer/Obligor:  SIDERÚRGICA LÁZARO CARDENAS LAS TRUCHAS, SA DE CV(SICARTSA),
                   MICHOACÁN, MEXICOGuarantor:  NONE
End-User:       SIDERÚRGICA LÁZARO CARDENAS LAS TRUCHAS, SA DE CV(SICARTSA), 
                   MICHOACÁN, MEXICO
Exporter:       HUGO NEU GROUP, NEW YORK, NY
Supplier:       HUGO NEU GROUP, NEW YORK, NY
Broker:         AON TRADE CREDIT INSURANCE SERVICES, INC., WALNUT CREEK, CA
Product:        SCRAP METAL
Ex-im Bank Liability (Millions): USD20+
Board Decision APPROVED