News | Board Minutes | 1998

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF LOAN COMMITTEE
JUNE 17, 1998

ITEM NO 3
Country BRAZIL                                 AP073541XX
Request for FINAL COMMITMENT
Applicant      FIRST NATL BANK OF NEW ENGLAND, HARTFORD CT
Borrower       HOSPITAL E MATERNIDADE NOSSA SENHORA DE, JABAQUARA,
               SAO PAULO, SP BRAZIL
Guarantor      D’ANDREA, OCTAVIO, SAO PAULO-SP-BRAZIL BRAZIL
Guarantor      SINIGALLI, CICERO AURELIO, SAO PAULO-SP-BRAZIL BRAZIL
Guarantor      ADDITIONAL GUARANTORS
Buyer          HOSPITAL E MATERNIDADE NOSSA SENHORA DE, JABAQUARA, 
               SAO PAULO, SP BRAZIL
End-user       HOSPITAL E MATERNIDADE NOSSA SENHORA DE, JABAQUARA,
               SAO PAULO, SP BRAZIL
Exporter       HILL-ROM COMPANY INC, BATESVILLE IN
Supplier       HILL-ROM COMPANY INC, BATESVILLE IN
Gteed Lender   FIRST NATL BANK OF NEW ENGLAND, HARTFORD CT
Project Description HOSPITAL
Product Description 14 HOSPITAL BEDS & ACCESSORIES
Financed Amount USD160,995
Repayment Term  4 YEARS
Loan Committee Decision APPROVED

                        EXPORT-IMPORT BANK OF THE UNITED STATES
                    SUMMARY OF MINUTES OF MEETING OF LOAN COMMITTEE
                                   JUNE 18, 1998

ITEM NO 1.
Country COLOMBIA                               AP073330XX
Request for FINAL COMMITMENT
Applicant      C.I.B.C. OPPENHEIMER CORP., LOS ANGELES CA
Borrower       PROMIGAS SA, BARRANQUILLA, ATLANTICO COLOMBIA
Guarantor      NONE
Buyer          PROMIGAS SA, BARRANQUILLA, ATLANTICO COLOMBIA
End-user       PROMIGAS SA, BARRANQUILLA, ATLANTICO COLOMBIA
Exporter       SOLAR TURBINES INCORPORATED, SAN DIEGO CA
Supplier       SOLAR TURBINES INCORPORATED, SAN DIEGO CA
Gteed Lender   CANADIAN IMPERIAL BK OF COMMERCE NY INC, NEW YORK NY
Project Description GAS PIPELINE TRANSMISSION
Product Description 2 GAS TURBINE COMPRESSOR SETS
Financed Amount USD 8,479,367
Repayment Term  5 YEARS
Loan Committee Decision APPROVED

                        EXPORT-IMPORT BANK OF THE UNITED STATES
                  SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
                                   JUNE 18, 1998
ITEM NO 1
MINUTES OF MEETING MAY 21, 1998, TO BE APPROVED
Board Decision APPROVED

ITEM NO  2
Country TURKEY                                 AP073017XX
Request for FINAL COMMITMENT
Applicant      FIRST UNION NAT BNK OF NC*, CHARLOTTE NC
Borrower       BASER PETROKIMYA, ISTANBUL, ERENKOY S1090 TURKEY
Guarantor      FINANSBANK, ISTANBUL TURKEY
Buyer          BASER PETROKIMYA, ISTANBUL, ERENKOY S1090 TURKEY
End-user       BASER PETROKIMYA, ISTANBUL, ERENKOY S1090 TURKEY
Exporter       BELLEVIEW ENGINEERING & CONSTRUCTION CO., PLACQUEMINE LA
Exporter       FINA OIL, DALLAS TX
Supplier       BELLEVIEW ENGINEERING & CONSTRUCTION CO., PLACQUEMINE LA
Supplier       A-1 ELECTRIC, HARVEY LA
Supplier       ADDITIONAL SUPPLIERS
Gteed Lender   FIRST UNION NAT BNK OF NC*, CHARLOTTE NC
Project Name BASER POLYSTYRENE PLANT
Project Description POLYSTYRENE PRODUCTION
Product Description ENGINEERING SERVICES
Financed Amount USD   14,288,160
Repayment Term  5 YEARS
Board Decision APPROVED

ITEM NO  3
Country CHINA (MAINLAND)                       AP073487XX
Request for FINAL COMMITMENT
Applicant      NATIONSBANC MONTGOMERY SECURITIES LLC, CHARLOTTE NC
Borrower       SPV/CHINA SOUTHWEST AIRLINES, CHENGDU, SICHUAN 610202 CHINA(MAINLAND)
Guarantor      INDUSTRIAL & COMMERCIAL BANK OF CHINA, BEIJING 100036 CHINA(MAINLAND)
Buyer          CHINA AVIATION SUPPLIES IMP & EXP CORP., BEIJING CHINA(MAINLAND)
End-user       CHINA SOUTHWEST AIRLINES, CHENGDU, SICHUAN 610202 CHINA(MAINLAND)
Exporter       BOEING COMPANY THE*, SEATTLE WA
Supplier       BOEING COMPANY THE*, SEATTLE WA
Gteed Lender   NATIONSBANK, N.A., CHARLOTTE NC
Lessor         SPV/CHINA SOUTHWEST AIRLINES, CHENGDU, SICHUAN 610202 CHINA(MAINLAND)
Lessee         CHINA SOUTHWEST AIRLINES, CHENGDU, SICHUAN 610202 CHINA(MAINLAND)
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
Financed Amount USD   73,250,970
Repayment Term  12 YEARS
Board Decision APPROVED - ALSO APPROVED PRIVATE EXPORT FUNDING CORP. (PEFCO) PARTICIPATION.

                        EXPORT-IMPORT BANK OF THE UNITED STATES
                  SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
                                   JUNE 18, 1998

ITEM NO  4
Country CHINA (MAINLAND)                       AP073516XX
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   PRIVATE EXPORT FUNDING CORP, 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
Board Decision REFER TO U.S. CONGRESS

ITEM NO  5
Country FIJI ISLANDS                           AP073567XX
Request for FINAL COMMITMENT
Applicant      AIR PACIFIC LTD, NADI FIJI ISLANDS
Borrower       SPV/AIR PACIFIC LTD., NADI FIJI ISLANDS
Guarantor      NONE
Buyer          SPV/AIR PACIFIC LTD., NADI FIJI ISLANDS
End-user       AIR PACIFIC LTD, NADI FIJI ISLANDS
Exporter       BOEING COMPANY THE*, SEATTLE WA
Supplier       BOEING COMPANY THE*, SEATTLE WA
Supplier       CFM INTERNATIONAL INC, CINCINNATI OH
Gteed Lender   CITIBANK N A, LOS ANGELES CA
Lessor         SPV/AIR PACIFIC LTD., NADI FIJI ISLANDS
Lessee         AIR PACIFIC LTD, NADI FIJI ISLANDS
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
Board Decision REFER TO U.S. CONGRESS

                        EXPORT-IMPORT BANK OF THE UNITED STATES
                  SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
                                   JUNE 18, 1998

ITEM NO 6
Bank Letter of Credit Policy No. ELC-106005 
Policy type: Insurance/Comprehensive
Request for Amendment
Insured:       Bank of America, N.T. & S.A.
               World Banking Group San Francisco, CA
Products:      Various but primarily hides, steel/aluminum scrap, frozen meat, chemicals, electronic components and semiconductors.
Ex-Im Bank Liability (Millions): USD20+
Board Decision APPROVED

ITEM NO  7
Country UZBEKISTAN                             AP073585XX
Request for FINAL COMMITMENT
Applicant      NATIONAL BANK OF UZBEKISTAN, TASHKENT 700084 UZBEKISTAN
Borrower       NATIONAL BANK OF UZBEKISTAN, TASHKENT 700084 UZBEKISTAN
Guarantor      MINST OF FINANCE, 5 TASHKENT 700078 UZBEKISTAN
Buyer          UZSELKHOZSNABREMONT, TASHKENT, 700195 UZBEKISTAN
End-user       UZSELKHOZSNABREMONT, TASHKENT, 700195 UZBEKISTAN
Exporter       CASE CORPORATION, RACINE WI
Supplier       CASE CORPORATION, RACINE WI
Gteed Lender   CITIBANK, N.A. (O.B.U.), MANAMA BAHRAIN
Project Description CROP PLANTING AND PROTECTING
Product Description TRACTORS
Financed Amount USD   54,910,470
Repayment Term  5 YEARS
Board Decision APPROVED
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