News | Board Minutes | 1999

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE
NOVEMBER 23, 1999


Item No. 1
Country: Venezuela                   Policy No.: MSM-206540
Request for: Insurance Policy (New)         
Policy Type: Single Sale/Multiple shipments 
Coverage Type/Term:  Comprehensive/MT
Insured:     Citibank N.A., New York
Buyer:       C.A. Danaven, Valencia, Venezuela
Guarantor:   None
End-User:    Same as Buyer
Exporter:    Teknics Industrial Systems, Inc., Lincoln Park, New Jersey
Suppliers:   Dill Brothers, Inc., Zion, IL
                 Flinn and Dreffein Engineering Co., Inc., Northbrook, IL
                 Teknics Industrial Systems, Inc., Lincoln Park, NJ
Product:     Turnkey Assembly Line to produce heat-treated side rails for the automotive
                 industry
Broker:      J. A. Lorenzo & Co., New York        
Ex-Im Bank Liability (Millions): USD5 - USD20 
Credit Committee Decision: APPROVED

Item No. 2
Country: El Salvador                   Policy No.:  MSM-206557
Request for: Insurance Policy (New)   
Policy Type: Single Sale/Multiple Shipments 
Coverage Type/Term: Comprehensive/MT
Insured:           Citibank, N.A., New York, N.Y.
Buyer/Obligor:     Aerospace Investment Limited, Nassau, Bahamas
Guarantor:         Taca International Airlines, S.A., San Salvador, El Salvador 
End-User:          Taca International Airlines, S.A., San Salvador, El Salvador
Exporter/Supplier: The Nordam Group, Inc., Tulsa, OK
Broker:            J.A. Lorenzo & Co., Ltd., New York, N.Y.
Products:          New hush kits for used Boeing airplanes  
Ex-Im Bank Liability (Millions): USD5 - USD20 
Credit Committee Decision: APPROVED