News | Board Minutes | 1998

EXPORT-IMPORT BANK OF THE UNITED STATES
MEETING OF THE LOAN COMMITTEE SUMMARY OF MINUTES
JUNE 23, 1998  

ITEM NO: 5.
Country: Turkey  Policy No.:  MTA-189878   
Request For:   Insurance Commitment (New)   
Policy Type:   Single Sale/Single Shipment           
Coverage Type/Term: Comprehensive/MT
Insured:       First Union National Bank, Charlotte, NC 
Buyer/Obligor: Yasar Finansal Kirlalama A.S., Istanbul, Turkey 
Guarantor:     Turkiye Tutunculer Bankasi Yasarbank A.S., Istanbul, Turkey 
End-User:      Yasar Finansal Kirlalama A.S., Istanbul, Turkey 
Exporter:      Hypercom Europe Ltd. Inc., Phoenix, AZ 
Supplier:      Hypercom Europe Ltd. Inc., Phoenix, AZ 
Broker:        Export Insurance Agency, Walpole, MA 
Product:       T7 Point of Sale Terminals 
EXIMBANK LIABILITY (MILLIONS):USD0 - USD1
Loan Committtee Decision: APPROVED

ITEM NO 6
Country PHILIPPINES                            AP073402XX
Request for FINAL COMMITMENT
Applicant      FIRST NATL BANK OF NEW ENGLAND, HARTFORD CT
Borrower       AMTES CORPORATION, CALOCAN CITY, METRO MANILA PHILIPPINES
Guarantor      FOMPAC CORPORATION, CALOCAN CITY, METRO MANILA PHILIPPINES
Guarantor      TANLIMCO, ALBERT, TONDO, MANILA PHILIPPINES
Buyer          AMTES CORPORATION, CALOCAN CITY, METRO MANILA PHILIPPINES
End-user       AMTES CORPORATION, CALOCAN CITY, METRO MANILA PHILIPPINES
Exporter       SENCORP SYSTEMS, INC., HYANNIS MA
Supplier       SENCORP SYSTEMS, INC., HYANNIS MA
Gteed Lender   FIRST NATL BANK OF NEW ENGLAND, HARTFORD CT
Project Description FOAM PRODUCT MFG.
Product Description FOAM PRODUCT MAKING MACHINERY
Financed Amount USD    1,001,244
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 25, 1998

ITEM NO 1
MINUTES OF MEETING OF JUNE 10, 1998, TO BE APPROVED
Board Decision APPROVED

ITEM NO 2
MINUTES OF SPECIAL MEETING OF JUNE 11, 1998, TO BE APPROVED
Board Decision APPROVED

ITEM NO. 2A
BUDGET TASK FORCE
PROJECTION OF DEMAND
Board Decision DISCUSSION

ITEM NO  3
Country BAHRAIN                                AP072393XX
Request for FINAL COMMITMENT
Applicant      CITICORP, NEW YORK NY
Borrower       MINST OF FINANCE & NATIONAL ECONOMY, MANAMA, BAHRAIN
Guarantor      NONE
Buyer          MINST OF ELECTRICITY, MANAMA BAHRAIN
End-user       MINST OF ELECTRICITY, MANAMA BAHRAIN
Exporter       BLACK & VEATCH INTL CO*, KANSAS CITY MO
Supplier       BLACK & VEATCH INTL CO (INC)*, SHAWNEE MSN KS
Supplier       ASSOCIATED AIR PRODUCTS INC., SHAWNEE MISSION KS
Supplier       ADDITIONAL SUPPLIERS
Gteed Lender   CITICORP, NEW YORK NY
Project Name AL HIDD PROJECT
Project Description COMBUSTION TURBINE COGENERATION PLANT
Product Description CONDUITS, CABLE TRAY & RACEWAYS
Financed Amount USD19,329,765
Repayment Term  12 YEARS
Board Decision APPROVED

                        EXPORT-IMPORT BANK OF THE UNITED STATES
                  SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
                                   JUNE 25, 1998

ITEM NO  4
Country MOROCCO                                PC072617XX
Request for PRELIMINARY COMMITMENT
Applicant      GENERAL RAILWAY SIGNAL CORP, ROCHESTER NY
Borrower       MOROCCAN RAILWAYS, RABAT-AGDAL MOROCCO
Guarantor      MINST OF FINANCE, RABAT MOROCCO
Buyer          MOROCCAN RAILWAYS, RABAT-AGDAL MOROCCO
End-user       MOROCCAN RAILWAYS, RABAT-AGDAL MOROCCO
Exporter       GENERAL RAILWAY SIGNAL CORP, ROCHESTER NY
Supplier       GENERAL RAILWAY SIGNAL CORP, ROCHESTER NY
Gteed Lender   FINANCIAL INSTITUTION ACCEPTABLE TO EIB
Project Name MARRAKECH-FES LINE
Project Description RAILWAY TRANSPORTATION
Product Description RAILWAY SIGNALING & CONTROL SYSTEMS
Ex-Im Bank Liability (Millions) USD5 - USD20
PC Expiry Date 01/14/99
Board Decision  APPROVED

ITEM NO  5
Country TURKMENISTAN                           AP072410XX
Request for FINAL COMMITMENT
Applicant      SOCIETE GENERALE, NEW YORK NY
Borrower       STATE BANK FOR FOREIGN ECONOMIC AFFAIRS, ASHGABAT 744000 TURKMENISTAN
Guarantor      CABINET OF MINISTERS OF TURKMENISTAN, ASHGABAT TURKMENISTAN
Buyer          CORPORATION KUVVAT, ASHGABAT 744000 TURKMENISTAN
End-user       CORPORATION KUVVAT, ASHGABAT 744000 TURKMENISTAN
Exporter       CETLIN CONSULTING INC., WICHITA KS
Supplier       CETLIN CONSULTING INC., WICHITA KS
Supplier       S J BAISCH ASSOCIATES INC, KAUKAUNA WI
Supplier       ADDITIONAL SUPPLIERS
Gteed Lender   SOCIETE GENERALE, NEW YORK NY
Project Description PULP AND PAPER MILL
Product Description PAPER PRODUCTION MACHINERY
Board Decision REFER TO U.S. CONGRESS

ITEM NO 6
Country CHINA (MAINLAND)                       AP073241XX
Request BY PEFCO FOR EX-IM BANK APPROVAL OF FIXED LENDING INTEREST RATES
Applicant      CHASE SECURITIES INC., NEW YORK NY
Borrower       SPV/CHINA XINJIANG AIRLINES, XINJIANG PROVINCE CHINA(MAINLAND)
Guarantor      INDUSTRIAL & COMMERCIAL BANK OF CHINA, BEIJING 100036 CHINA(MAINLAND)
Buyer          SPV/CHINA XINJIANG AIRLINES, XINJIANG PROVINCE CHINA(MAINLAND)
End-user CHINA XINJIANG AIRLINES, XINJIANG UYGUR AUTONOMOUS REGION, 830016 CHINA(MAINLAND)
Exporter       BOEING COMPANY THE*, SEATTLE WA
Supplier       BOEING COMPANY THE*, SEATTLE WA
Gteed Lender   PRIVATE EXPORT FUNDING CORPORATION, NEW YORK NY
Lessor         SPV/CHINA XINJIANG AIRLINES, XINJIANG PROVINCE CHINA(MAINLAND)
Lessee   CHINA XINJIANG AIRLINES, XINJIANG UYGUR AUTONOMOUS REGION, 830016 CHINA(MAINLAND)   Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
Board Decision: APPROVED

                        EXPORT-IMPORT BANK OF THE UNITED STATES
                  SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
                                   JUNE 25, 1998

ITEM NO  7A
Country TURKEY                                 AP073661XX
Request for FINAL COMMITMENT
Applicant      ABN AMRO NORTH AMERICA INC, CHICAGO IL
Borrower       SPV/TURK HAVA YOLLARI TAO, ISTANBUL TURKEY
Guarantor      UNDERSECRETARIAT OF TREASURY, ANKARA 06510 TURKEY
Buyer          SPV/TURK HAVA YOLLARI TAO, ISTANBUL TURKEY
End-user       TURK HAVA YOLLARI T A O, ISTANBUL, TURKEY
Exporter       BOEING COMPANY THE*, SEATTLE WA
Supplier       BOEING COMPANY THE*, SEATTLE WA
Supplier       CFM INTERNATIONAL INC, CINCINNATI OH
Gteed Lender   ABN AMRO NORTH AMERICA INC, CHICAGO IL
Lessor         SPV/TURK HAVA YOLLARI TAO, ISTANBUL TURKEY
Lessee         TURK HAVA YOLLARI T A O, ISTANBUL, TURKEY
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
Board Decision REFER TO U.S. CONGRESS

ITEM NO  7B
Country TURKEY                                 AP073566XX
Request for FINAL COMMITMENT
Applicant      CITIBANK N.A., 80280 ESENTEPE, ISTANBUL TURKEY
Borrower       SPV/TURK HAVA YOLLARI TAO, ISTANBUL TURKEY
Guarantor      UNDERSECRETARIAT OF TREASURY, ANKARA 06510 TURKEY
Buyer          SPV/TURK HAVA YOLLARI TAO, ISTANBUL TURKEY
End-user       TURK HAVA YOLLARI T A O, ISTANBUL, TURKEY
Exporter       BOEING COMPANY THE*, SEATTLE WA
Supplier       BOEING COMPANY THE*, SEATTLE WA
Supplier       CFM INTERNATIONAL INC, CINCINNATI OH
Gteed Lender   CITIBANK N A*, NEW YORK NY
Lessor         SPV/TURK HAVA YOLLARI TAO, ISTANBUL TURKEY
Lessee         TURK HAVA YOLLARI T A O, ISTANBUL, TURKEY
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 25, 1998

ITEM NO 7C
Country TURKEY                                 PC073136XX
Request for PRELIMINARY COMMITMENT
Applicant      BOEING COMPANY THE*, SEATTLE WA
Borrower       SPV/TURK HAVA YOLLARI TAO, ISTANBUL TURKEY
Guarantor      UNDERSECRETARIAT OF TREASURY, ANKARA 06510 TURKEY
Buyer          SPV/TURK HAVA YOLLARI TAO, ISTANBUL TURKEY
End-user       TURK HAVA YOLLARI T A O, ISTANBUL, TURKEY
Exporter       BOEING COMPANY THE*, SEATTLE WA
Supplier       BOEING COMPANY THE*, SEATTLE WA
Supplier       CFM INTERNATIONAL INC, CINCINNATI OH
Gteed Lender   FINANCIAL INSTITUTION ACCEPTABLE TO EIB, UNKNOWN DC
Lessor         SPV/TURK HAVA YOLLARI TAO, ISTANBUL TURKEY
Lessee         TURK HAVA YOLLARI T A O, ISTANBUL, TURKEY
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT 
Board Decision REFER TO U.S. CONGRESS

ITEM NO 7D
Country TURKEY                                 PC073655XX
Request for PRELIMINARY COMMITMENT
Applicant      BOEING COMPANY THE*, SEATTLE WA
Borrower       TURK HAVA YOLLARI T A O, ISTANBUL, TURKEY
Guarantor      UNDERSECRETARIAT OF TREASURY, ANKARA 06510 TURKEY
Buyer          TURK HAVA YOLLARI T A O, ISTANBUL, TURKEY
End-user       TURK HAVA YOLLARI T A O, ISTANBUL, TURKEY
Exporter       BOEING COMPANY THE*, SEATTLE WA
Supplier       BOEING COMPANY THE*, SEATTLE WA
Supplier       CFM INTERNATIONAL INC, CINCINNATI OH
Gteed Lender   FINANCIAL INSTITUTION ACCEPTABLE TO EIB, UNKNOWN DC
Project Description AIR TRANSPORTATION
Product Description AIR FRAME SPARES & GROUND SUPPORT
Board Decision REFER TO U.S. CONGRESS
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