News | Board Minutes | 1998

EXPORT-IMPORT BANK OF THE UNITED STATES 
SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE
NOVEMBER 17, 1998

Item No. 3
Country: Ecuador 
Request for:        Insurance Commitment (New)        Policy No.: MTA-195636 
Policy Type:        Single Sale/Single Shipment 
Coverage Type/Term: Comprehensive/MT
Insured: First      Union National Bank, Philadelphia, PA
Buyer/Obligor:      Banco del Progreso, S.A., Guayaquil, Ecuador
Guarantor:          N/A
End-User:           Canteras San Luis, S.A., Guayaquil, Ecuador
Exporter:           Size Enterprises, Coral Gables, FL
Supplier:           Tyler W S, Incorporated, Gastonia, NC
                    CEMCO Inc., Albuquerque, NM
Product:            Crushing Equipment for Mining Industry
Ex-Im Bank Liability (Millions): USD0 - USD1
Credit Committee Decision: APPROVED

                        EXPORT-IMPORT BANK OF THE UNITED STATES
                  SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
                                   NOVEMBER 19, 1998

ITEM NO  1
Country ARGENTINA                              AP073417XX
Request for FINAL COMMITMENT
Applicant      FIRSTAR BANK MILWAUKEE NA*, MILWAUKEE WI
Borrower       SERVOIL INTERNATIONAL LTD., TORTOLA VIRGIN ISL (UK)
Guarantor      CHASE MANHATTAN BANK NA INC, NEW YORK NY
Buyer          SERVOIL INTERNATIONAL LTD., TORTOLA VIRGIN ISL (UK)
End-user       SERVOIL INTERNATIONAL LTD., TORTOLA VIRGIN ISL (UK)
Exporter       NATIONAL-OILWELL, INC, HOUSTON TX
Supplier       NATIONAL-OILWELL, INC, HOUSTON TX
Supplier       VARCO INTERNATIONAL INC., HOUSTON TX
Supplier       ADDITIONAL SUPPLIERS
Gteed Lender   FIRSTAR BANK MILWAUKEE NA*, MILWAUKEE WI
Project Description DRILLING OIL AND GAS WELLS
Product Description OIL & GAS WELL DRILLING EQUIPMENT
Financed Amount USD14,896,886
Repayment Term  5 YEARS
Board Decision  APPROVED

ITEM NO  2 -- WITHDRAWN

ITEM NO  3
Country CHILE                                  AP073743XX
Request for FINAL COMMITMENT
Applicant      CIBC OPPENHEINER CORP, NEW YORK NY
Borrower       SPV/LINEA AEREA NACIONAL CHILE S.A. (LanChile), SANTIAGO CHILE
Guarantor      NONE
Buyer          SPV/LINEA AEREA NACIONAL CHILE S.A., SANTIAGO CHILE
End-user       LINEA AEREA NACIONAL CHILE SA, SANTIAGO CHILE
Exporter       BOEING COMPANY THE*, SEATTLE WA
Supplier       BOEING COMPANY THE*, SEATTLE WA
Supplier       GENERAL ELECTRIC COMPANY*, CINCINNATI OH
Gteed Lender   CIBC OPPENHEINER CORP, NEW YORK NY
Lessor         SPV/LINEA AEREA NACIONAL CHILE S.A., SANTIAGO CHILE
Lessee         LINEA AEREA NACIONAL CHILE SA, SANTIAGO CHILE
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
Board Decision   REFER TO U.S. CONGRESS