News | Board Minutes | 2002

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE
JULY 26, 2002

ITEM NO 1
Country CAMEROON                               AP078724XX
Request for FINAL COMMITMENT

Applicant      PNC BANK NATIONAL ASSOCIATION, PITTSBURGH PA
Borrower       ELEVAGE PROMOTION AFRIQUE SARL, DOUALA CAMEROON
Guarantor      AZANGUE, BERNARD, DOUALA CAMEROON
Buyer          ELEVAGE PROMOTION AFRIQUE SARL, DOUALA CAMEROON
End-user       ELEVAGE PROMOTION AFRIQUE SARL, DOUALA CAMEROON
Exporter       HOFFMAN INTERNATIONAL INC, PISCATAWAY NJ
Supplier       BIG DUTCHMAN INC., HOLLAND MI
Supplier       MACK TRUCKS INC., ALLENTOWN PA
Supplier       GRO MASTER INC., OMAHA NE
Gteed Lender   PNC BANK NATIONAL ASSOCIATION, PITTSBURGH PA

Project Description ANIMAL FEED & PRODUCTION
Product Description ANIMAL FEEDING & WATERING SYSTEMS
Financed Amount USD    2,281,119
Repayment Term  5 YEARS
Credit Committee Decision APPROVED


Item No. 2
Country:       Kenya		Policy No.: MSM-237859
Request for:   Insurance Policy (New)
Policy Type:   Single Sale/Multiple Shipments
Coverage Type/Term: Comprehensive/MT

Insured:	Africair, Inc., Miami, FL 33186-6711
Buyer/Obligor:	Coastal Travels Ltd., Dar es Salaam, Tanzania
Guarantor:	Eastern and Southern African Trade and Development Bank
		(PTA Bank),  Nairobi, Kenya	
End-User:	Coastal Travels Ltd., Dar es Salaam, Tanzania
Exporter:	Africair, Inc., Miami, FL 33186-6711
Supplier:	The Cessna Aircraft Company, Inc., Wichita, KS 67215-1424
Broker:		Louis G. Guadagnoli, McLean, VA
Product/use:	New Cessna Grand Caravan aircraft to add to the buyer's
         	existing fleet.  
Ex-Im Bank Liability (Millions): USD1 - USD5
Credit Committee Decision: APPROVED