News | Board Minutes | 2002

 
                        EXPORT?IMPORT BANK OF THE UNITED STATES
                  SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
                                   MAY 31, 2002



ITEM NO 7
Country PANAMA                                 AP078117XX (CONVERSION NO.1)
Request for FINAL COMMITMENT

Applicant      CIA PANAMENA DE AVIACION S.A., PANAMA CITY PANAMA
Borrower       SPV/CIA PANAMENA DE AVIACION, PANAMA CITY PANAMA
Guarantor      COPA HOLDINGS, S.A., PANAMA CITY PANAMA
Buyer          SPV/CIA PANAMENA DE AVIACION, PANAMA CITY PANAMA
End?user       CIA PANAMENA DE AVIACION S.A., PANAMA CITY PANAMA
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
Gteed Lender   WESTDEUTSCHE LANDESBANK, NEW YORK NY
Lessor         SPV/CIA PANAMENA DE AVIACION, PANAMA CITY PANAMA
Lessee         CIA PANAMENA DE AVIACION S.A., PANAMA CITY PANAMA
Cofin ECA      NONE

Project Description AIR TRANSPORTATION
Product Description AIRCRAFT 
Financed Amount USD  119,643,488
Repayment Term  12 YEARS

Board Decision APPROVED


ITEM NO 8
Country TURKEY                                 AP078608XX
Request for FINAL COMMITMENT

Applicant      EXPORT DEVELOPMENT CANADA, OTTAWA K1A 1K3 CANADA
Borrower       TURKISH STATE RAILWAYS, ANKARA TURKEY
Guarantor      UNDERSECRETARIAT OF TREASURY, ANKARA 06510 TURKEY
Buyer          TURKISH STATE RAILWAYS, ANKARA TURKEY
End?user       TURKISH STATE RAILWAYS, ANKARA TURKEY
Exporter       GENERAL MOTORS CORPORATION, LA GRANGE IL
Supplier       GENERAL MOTORS CORPORATION, LA GRANGE IL
Cofin ECA      EXPORT DEVELOPMENT CANADA, OTTAWA K1A 1K3 CANADA

Project Description RAILROAD TRANSPORTATION
Product Description LOCOMOTIVE SETS
Financed Amount USD   53,723,189
Repayment Term  10 YEARS

Board Decision APPROVED