News | Board Minutes | 2002

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETNG OF CREDIT COMMITTEE 
SEPTEMBER 12, 2002


4B.
Country: Brazil            Policy No.: MTR-240820
Request for: Insurance Policy (new)
Policy Type:	Multiple sale, multiple shipments			
Coverage type/Term: Comprehensive/MT

Insured:		General Electric Medical Systems, a division of General Electric Corp., 
			Waukesha, WI           53188-1696
Buyer/Obligor:		Diagnostica da America, S.A. ("DASA"), Barueri, Brazil
Guarantor:		None.
End-User:		Diagnostica da America, S.A. ("DASA"), Barueri, Brazil
Exporter:		General Electric Medical Systems, a division of General Electric Corp.,
	                Waukesha, WI         53188-1696
Supplier:		General Electric Medical Systems, a division of General Electric Corp.,
			Waukesha, WI           53188-1696
Broker:			J.A. Lorenzo & Co., New York, New York
Product/Use:		Medical equipment to include Magnetic Resonance Imaging, Computed Tomography (CT), 
			X-Ray, Ultrasound and Nuclear Imaging systems to be used for patient imaging.
Ex-Im Bank Liability (Millions): USD5 - USD20
Credit Committee Decision: APPROVED

Item No. 5
Country:  Venezuela      Policy No.:   MSM-237172
Request for: Insurance Policy      				
Policy Type:   Single Sale/Multiple Shipments	
Coverage Type/Term:  Comprehensive/MT
				
Insured:               	Wachovia Bank N.A., Philadelphia, PA 19101-3866
Buyer:                  Construcciones y Montajes Uriman S.A., Caracas, Venezuela     
Guarantor:          	Inelectra, S.A.C.A., Caracas, Venezuela
End-User(s):       	Construcciones y Montajes Uriman S.A., Caracas, Venezuela 
Exporter:           	American Equipment Company Inc. (AMECO), Greenville, SC 29611-6096
Supplier(s):        	John Deere Industrial Equipment Company, Moline IL 61265-8098
                        Link-Belt Construction Equipment Company, Lexington KY 40509-1233
                        and additional suppliers	
Products:            	Construction equipment
Broker:               	Export Insurance Agency, Walpole, Massachusetts 02081-2802	
Ex-Im Bank Liability (Millions): USD1 - USD5			
Credit Committee Decision: APPROVED

                        EXPORT-IMPORT BANK OF THE UNITED STATES
                  SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
                                   SEPTEMBER 12, 2002

ITEM NO 1	Resolutions Regarding Banobras and Environmental Infrastructure Projects in Mexico
         	Board Decision:  ADOPTED

ITEM NO 2	WITHDRAWN

ITEM NO 3
Country MEXICO                                 AP076928XX
Request for FINAL COMMITMENT
Applicant      IBERDROLA ENERGIA, S.A., MADRID 28001 SPAIN
Borrower       IBERDROLA ENERGIA ALTAMIRA, SA DE CV, MIGUEL HIDALGO SECTION, 11700 MEXICO
Guarantor      NONE
Buyer          IBERDROLA ENERGIA ALTAMIRA, SA DE CV, MIGUEL HIDALGO SECTION, 11700 MEXICO
End-user       IBERDROLA GENERACION, S.A., MADRID 28036 SPAIN
Exporter       GENERAL ELECTRIC COMPANY, SCHENECTADY NY
Exporter       MAYER BROWN ROWE & MAW, CHICAGO IL
Exporter       ADDITIONAL EXPORTERS
Supplier       GENERAL ELECTRIC COMPANY INC., SCHENECTADY NY
Supplier       GENERAL ELECTRIC COMPANY, ATLANTA GA
Supplier       ADDITIONAL SUPPLIERS
Project Name ALTAMIRA III & IV
Project Description ALTAMIRA III&IV COMBINED CYCLE PWR PLANT
Product Description GAS & STEAM TURBINE GENERATORS, CONTROLS
Financed Amount USD  210,265,362
Repayment Term  12 YEARS
Board Decision APPROVED

ITEM NO 4
Country CHINA (TAIWAN)                         AP078629XX
Request for FINAL COMMITMENT
Applicant      EVA AIRWAYS CORP, TAIPEI 104 CHINA (TAIWAN)
Borrower       SPV/EVA AIRWAYS, TAIPEI 104 CHINA (TAIWAN)
Guarantor      NONE
Buyer          SPV/EVA AIRWAYS, TAIPEI 104 CHINA (TAIWAN)
End-user       EVA AIRWAYS CORP, TAIPEI 104 CHINA (TAIWAN)
Exporter       BOEING COMPANY, THE, CHICAGO IL
Supplier       GENERAL ELECTRIC COMPANY INC, CINCINNATI OH
Supplier       BOEING COMPANY, THE, SEATTLE WA
Gteed Lender   CITIBANK INTERNATIONAL PLC, LONDON, LONDON WC2R1LS UNITED KINGDOM
Lessor         SPV/EVA AIRWAYS, TAIPEI 104 CHINA (TAIWAN)
Lessee         EVA AIRWAYS CORP, TAIPEI 104 CHINA (TAIWAN)
Cofin ECA	   NONE
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
Financed Amount USD  130,652,640
Repayment Term  12 YEARS
Board Decision APPROVED

                        EXPORT-IMPORT BANK OF THE UNITED STATES
                  SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
                                   SEPTEMBER 12, 2002

ITEM NO 5
Country KOREA, REPUBLIC OF                     AP078785XX
Request for FINAL COMMITMENT
Applicant      ING CAPITAL LLC, NEW YORK NY
Borrower       SPV/KOREA AIR LINES, SEOUL KOREA, REP OF
Guarantor      KOREAN AIR LINES CO. LTD., SEOUL KOREA, REP OF
Buyer          SPV/KOREA AIR LINES, SEOUL KOREA, REP OF
End-user       KOREAN AIR LINES CO. LTD., SEOUL KOREA, REP OF
Exporter       BOEING COMPANY, THE, CHICAGO IL
Supplier       BOEING COMPANY, THE, CHICAGO IL
Supplier       UNITED TECHNOLOGIES CORP, EAST HARTFORD CT
Gteed Lender   ING CAPITAL LLC, NEW YORK NY
Lessor         SPV/KOREA AIR LINES, SEOUL KOREA, REP OF
Lessee         KOREAN AIR LEASE & FINANCE CO., LTD., DUBLIN 2 IRELAND
Cofin ECA	   NONE
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
Financed Amount USD  402,730,000
Repayment Term  12 YEARS
Board Decision APPROVED


ITEM NO 6
Country CHINA (MAINLAND)                       AP078352XX
Request for FINAL COMMITMENT
Applicant      CNOOC & SHELL PETROCHEMICALS COMPANY LTD, BEIJING 100027 CHINA(MAINLAND)
Borrower       CNOOC & SHELL PETROCHEMICALS COMPANY LTD, BEIJING 100027 CHINA(MAINLAND)
Guarantor      NONE
Buyer          CNOOC & SHELL PETROCHEMICALS COMPANY LTD, BEIJING 100027 CHINA(MAINLAND)
End-user       CNOOC & SHELL PETROCHEMICALS COMPANY LTD, BEIJING 100027 CHINA(MAINLAND)
Exporter       SINOPEC USA INC, NEW YORK NY
Supplier       BECHTEL CORPORATION, SAN FRANCISCO CA
Supplier       SINOPEC USA INC, NEW YORK NY
Supplier       ADDITIONAL SUPPLIERS
Gteed Lender   FINANCIAL INSTITUTION ACCEPTABLE TO EIB, UNKNOWN CHINA(MAINLAND)
Project Name NANHAI
Project Description NANHAI PETROCHEMICAL COMPLEX
Product Description PROJECT MANAGEMENT, ENGINEERING, CONSTRUCTION SERVICES
Board Decision REFER TO US CONGRESS