News | Board Minutes | 2004

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE
SEPTEMBER  3, 2004

Item No. 1
Country:  MEXICO  - Policy No. ENB-240440
Request for:   SBCL Renewal
Policy Type:  Multi-Buyer Insurance Policy
Coverage Type/Term:  Comprehensive/ST

Insured: Aurora Metals Division L.L.C., Montgomery, IL
Exporter: Aurora Metals Division L.L.C., Montgomery, IL
Supplier: Aurora Metals Division L.L.C., Montgomery, IL
Insurance Broker:  Johnstone Downey Klein  /dba/ International Risk Consultants
Products: Brass castings for mfg of electrical items
Ex-Im Bank Liability

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE
SEPTEMBER 7, 2004

ITEM NO 1
Country:  Nigeria  - Policy No. MSM-269696
Request for:  Commitment (New)
Policy type:  Single Sale/Multiple Shipments
Coverage Type/Term:  Comprehensive/MT

Insured: Sovereign Bank, Iselin, NJ  08830-2703
Exporter: EarthCare Technologies Inc., Lincoln, AR  72744-8505
 Supplier: Rudd Equipment Company, Inc., Louisville, KY  40213-1841
Supplier: Bouldin & Lawson LLC, McMinnville, TN  37111-4270
Insurance Broker:  EIA Global
Products: Equipment to construct a waste-to-ferilizer plant
Ex-Im Bank Liability (Millions):  $1 - $5
Credit Committee Decision APPROVED

ITEM NO 2
Country MEXICO                                 AP080920XX
Request for FINAL COMMITMENT

Applicant      TORONTO-DOMINION BANK, HOUSTON TX
Exporter       DERRICK EQUIPMENT COMPANY, HOUSTON TX
Exporter       CENTRIFUGAL SERVICES INC., RALEIGH IL
Exporter       ADDITIONAL EXPORTERS
Supplier       DERRICK EQUIPMENT COMPANY, HOUSTON TX
Supplier       CENTRIFUGAL SERVICES INC., RALEIGH IL
Supplier       ADDITIONAL SUPPLIERS
Gteed Lender   TORONTO-DOMINION BANK, HOUSTON TX
Project Name  None
Project Description NEW MACHINERY & CONVEYORS - OIL DRILLING
Product Description same
Financed Amount $    2,283,328
Repayment Term  5 YEARS
Credit Committee Decision APPROVED
:  $0 - $1
Credit Committee Decision:  Approved

Item No. 2
Country:  NIGERIA -  Policy No. MSM-269696
Credit Committee Decision:  Held

Item No. 3
Country:  SOUTH AFRICA - Policy No. MTA-270066
Request for:  Commitment
Policy Type:  Single Buyer/Single Sale
Coverage Type/Term:  Comprehensive/MT

Insured: M&T Bank N.A., Baltimore, MD  21201-3330
Exporter: GW Clements, Inc., Edmond, OK  73034-6418
Supplier: GW Clements, Inc., Edmond, OK  73034-6418
Insurance Broker:  Global Insurance Services, Baltimore, MD
Products: Used torilla processing equipment
Credit Committee Decision:  Denied