News | Board Minutes | 2002

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE
OCTOBER 25, 2002

ITEM NO 1
Country NIGERIA                                AP078740XX
Request for FINAL COMMITMENT
Applicant      RIGGS BANK N.A., WASHINGTON DC
Borrower       MONARCH COMMUNICATIONS LTD., IKOYI, LAGOS NIGERIA
Guarantor      UNIVERSAL TRUST BANK OF NIGERIA LTD, FALOMO-IKOYI, LAGOS NIGERIA
Guarantor      INDUSTRIAL & GENERAL INSURANCE CO. LTD., VICTORIA ISLAND, LAGOS NIGERIA
Buyer          MONARCH COMMUNICATIONS LTD., IKOYI, LAGOS NIGERIA
End-user       MONARCH COMMUNICATIONS LTD., IKOYI, LAGOS NIGERIA
Exporter       DMC STRATEX NETWORKS INC., SAN JOSE, CA
Exporter       AIRSPAN NETWORKS, INC., FORT LAUDERDALE FL
Exporter       ADDITIONAL EXPORTERS
Supplier       DMC STRATEX NETWORKS INC., SAN JOSE, CA 
Supplier       AIRSPAN NETWORKS, INC., FORT LAUDERDALE FL
Supplier       ADDITIONAL SUPPLIERS
Gteed Lender   RIGGS BANK N.A., WASHINGTON DC
Project Description TELECOM & INTERNET SERVICE PROVIDER
Product Description TELECOMMUNICATION EQUIPMENT
Financed Amount USD    8,708,643
Repayment Term  5 YEARS
Credit Committee Decision APPROVED

ITEM NO 2
Country VENEZUELA                              AP078925XX
Request for FINAL COMMITMENT
Applicant      HEMISPHERE NATIONAL BANK, MIAMI FL
Borrower       SUPER CABLE ALK INTERNACIONAL, CARACAS 1071 VENEZUELA
Guarantor      SUPERCABLE TELECOMUNICACIONES-COLOMBIA, BOGOTA, D.C. COLOMBIA
Buyer          SUPER CABLE ALK INTERNACIONAL, CARACAS 1071 VENEZUELA
End-user       SUPER CABLE ALK INTERNACIONAL, CARACAS 1071 VENEZUELA
Exporter       POWER & TELEPHONE SUPPLY CO, MEMPHIS TN
Supplier       POWER & TELEPHONE SUPPLY CO, MEMPHIS TN
Supplier       HARMONIC INC, SUNNYVALE CA
Gteed Lender   HEMISPHERE NATIONAL BANK, MIAMI FL
Project Name EXPANSION OF CABLE NETWORK
Project Description CABLE NETWORK
Product Description CABLE TV NETWORK EQUIPMENT
Financed Amount USD    7,298,304
Repayment Term  5 YEARS
Credit Committee Decision APPROVED

 
ITEM NO 3
Country PERU                                   AP078796XX
Request for FINAL COMMITMENT
Applicant      ALLFIRST BANK, BALTIMORE MD
Borrower       GILAT TO HOME PERU S.A., LIMA, LM 27 PERU
Guarantor      GILAT SATELLITE NETWORKS LTD., PETAH TIKVA 49130 ISRAEL
Guarantor      GILAT TO HOME LATIN AMERICA N.V., WILLEMSTAD, CURACAO NETH. ANTILLES
Guarantor      GILAT TO HOME LATIN AMERICA (HOLLAND) BV, 1076EE AMSTERDAM NETHERLANDS
Buyer          GILAT TO HOME PERU S.A., LIMA, LM 27 PERU
End-user       GILAT TO HOME PERU S.A., LIMA, LM 27 PERU
Exporter       BP SOLAR INTERNATIONAL LLC, LINTHICUM HEIGHTS MD
Supplier       BP SOLAR INTERNATIONAL LLC, LINTHICUM HEIGHTS MD
Gteed Lender   ALLFIRST BANK, BALTIMORE MD
Project Name
Project Description TELECOMMUNICATIONS SERVICE PROVIDER
Product Description SOLAR MODULAR SYSTEMS
Financed Amount USD    2,470,160
Repayment Term  6 YEARS
Credit Committee Decision APPROVED