News | Board Minutes | 2002

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
MARCH 21, 2002

ITEM NO 1
Country MOROCCO                                AP077866XX
Request for FINAL COMMITMENT
Applicant      ROYAL AIR MAROC, CASABLANCA MOROCCO
Borrower       SPV/ROYAL AIR MAROC, CASABLANCA MOROCCO
Guarantor      NONE
Buyer          SPV/ROYAL AIR MAROC, CASABLANCA MOROCCO
End-user       ROYAL AIR MAROC, CASABLANCA MOROCCO
Exporter       BOEING COMPANY, THE*, SEATTLE WA
Supplier       BOEING COMPANY, THE*, SEATTLE WA
Supplier       CFM INTERNATIONAL INC, CINCINNATI OH
Gteed Lender   BANQUE NATIONALE DE PARIS, 75450 PARIS, CEDEX 09 FRANCE
Lessor         SPV/ROYAL AIR MAROC, CASABLANCA MOROCCO
Lessee         ROYAL AIR MAROC, CASABLANCA MOROCCO
Cofin ECA	   NONE
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
Financed Amount USD   37,817,892
Repayment Term  12 YEARS
Board Decision APPROVED


ITEM NO 2
Country MOROCCO                                PC077915XX
Request for PRELIMINARY COMMITMENT
Applicant      ROYAL AIR MAROC, CASABLANCA MOROCCO
Borrower       SPV/ROYAL AIR MAROC, CASABLANCA MOROCCO
Guarantor      NONE
Buyer          SPV/ROYAL AIR MAROC, CASABLANCA MOROCCO
End-user       ROYAL AIR MAROC, CASABLANCA MOROCCO
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 ZZ
Lessor         SPV/ROYAL AIR MAROC, CASABLANCA MOROCCO
Lessee         ROYAL AIR MAROC, CASABLANCA MOROCCO
Cofin ECA	   NONE
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
Ex-Im Bank Liability (Millions) USD20+
PC Expiry Date 09/15/02
Board Decision APPROVED

ITEM NO 3
Country TURKEY                                 AP073136XX
Request for FINAL COMMITMENT
Applicant      TURK HAVA YOLLARI T A O, 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   ABN AMRO BANK N.V., CHICAGO IL
Lessor         SPV/TURK HAVA YOLLARI TAO, ISTANBUL TURKEY
Lessee         TURK HAVA YOLLARI T A O, ISTANBUL, TURKEY
Cofin ECA	   NONE
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
Financed Amount USD   68,321,584
Repayment Term  12 YEARS
Board Decision APPROVED




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