News | Board Minutes | 2002

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE
JUNE 20, 2002

ITEM NO 1
Country GHANA                                  AP078268XX
Request for FINAL COMMITMENT
Applicant      PNC BANK NATIONAL ASSOCIATION, PITTSBURGH PA
Borrower       METAL CONTAINERS (GHANA) LIMITED, ACCRA GHANA
Guarantor      CHIA, FRED, ACCRA GHANA
Guarantor      ESTATE OF PATRICK KWEKU ANIM ADDO, ACCRA GHANA
Buyer          METAL CONTAINERS (GHANA) LIMITED, ACCRA GHANA
End-user       METAL CONTAINERS (GHANA) LIMITED, ACCRA GHANA
Exporter       HOFFMAN INTERNATIONAL INC, PISCATAWAY NJ
Supplier       HOFFMAN INTERNATIONAL INC, PISCATAWAY NJ
Supplier       WARD MACHINERY COMPANY INC., COCKEYSVILLE MD
Supplier       ADDITIONAL SUPPLIERS
Gteed Lender   PNC BANK NATIONAL ASSOCIATION, PITTSBURGH PA
Project Description MANUFACTURER OF METAL CONTAINERS
Product Description ROTARY DIE CUTTER & PRINT STATION
Financed Amount USD    1,576,142
Repayment Term  5 YEARS
Credit Committee Decision: Reconsidered its 6/7/02 decision and 
            APPROVED the transaction based on updated information.