News | Board Minutes | 2008

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF THE MEETING OF BOARD OF DIRECTORS
DECEMBER 5, 2008


Item No. 1	Ex-Im Bank Advisory Committee Members for 2009
Board Decision:  APPOINTED

ITEM NO 2
Country NIGERIA        AP083925XX
Request for FINAL COMMITMENT

Applicant      HSBC BANK PLC, LONDON E145HQ UNITED KINGDOM
Borrower       UNION BANK OF NIGERIA PLC, LAGOS NIGERIA
Buyer          ARIK AIR LIMITED, IKEJA, LAGOS NIGERIA
End-user       ARIK AIR LIMITED, IKEJA, LAGOS NIGERIA
Exporter       CASTLE HARBOUR LEASING INC, STAMFORD CT
Supplier       BOEING COMPANY, THE, SEATTLE WA
Supplier       CFM INTERNATIONAL INC, CINCINNATI OH
Gteed Lender   PRIVATE EXPORT FUNDING CORP, NEW YORK NY

Project Name NONE
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
Repayment Term 5 YEARS
Board Decision APPROVED


ITEM NO 3
Country NIGERIA     AP084001XX
Request for FINAL COMMITMENT

Applicant      HSBC BANK PLC, LONDON E145HQ UNITED KINGDOM
Borrower       DIAMOND BANK LTD., LAGOS NIGERIA
Guarantor      NONE
Buyer          DRILLOG PETRO DYNAMICS LTD, RIVERS STATE NIGERIA
End-user       DRILLOG PETRO DYNAMICS LTD, RIVERS STATE NIGERIA
Exporter       HALLIBURTON ENERGY SERVICES, HOUSTON TX
Supplier       SPERRY DRILLING SERVICES,INC, HOUSTON TX
Gteed Lender   HSBC BANK PLC, LONDON E145HQ UNITED KINGDOM

Project Name NONE
Project Description OIL WELL LOGGING SERVICES
Product Description OIL WELL LOGGING EQUIPMENT
Financed Amount 17,232,067
Repayment Term 5 YEARS
Board Decision APPROVED



ITEM NO 4	Update of MEXICO Policy FB-437095 
		FOR INFORMATION ONLY, NO DECISION REQUIRED

ITEM NO 5	Recommendation For The Proposed Sale of Aircraft and Assumption of the Associated Debt
		Board Decision:  APPROVED


ITEM NO 6
Country SINGAPORE        AP083891XX
Request for AMENDMENT OF FINAL COMMITMENT

Applicant      ING (US) CAPITAL, LLC, NEW YORK NY
Borrower	SPV/BOC AVIATION PTE. LTD., SINGAPORE 
Buyer          SPV/BOC AVIATION PTE. LTD., SINGAPORE 
End-user       AIR CANADA, MONTREAL, PQ H4Y1H4 CANADA
Exporter       BOEING COMPANY, THE, EVERETT WA
Supplier       GENERAL ELECTRIC COMPANY, CINCINNATI OH
Supplier       BOEING COMPANY, THE, EVERETT WA
Gteed Lender   ING (US) CAPITAL, LLC, NEW YORK NY
Head Lessor    SPV/BOC AVIATION PTE. LTD., SINGAPORE 
Head Lessee	BOC AVIATION SPV, CAYMAN ISLANDS
Sub Lessor	BOC AVIATION SPV, CAYMAN ISLANDS
Sub Lessee     AIR CANADA, MONTREAL, PQ H4Y1H4 CANADA

Project Name NONE
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
Repayment Term 12 YEARS
Board Decision APPROVED