News | Board Minutes | 2003

            EXPORT-IMPORT BANK OF THE UNITED STATES

       SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE

                        JUNE 3, 2003

ITEM NO 1

Country MOLDOVA                                AP079496XX

Request for FINAL COMMITMENT

Applicant      ABN AMRO BANK N.V., CHICAGO IL

Borrower       AGROMONTAJ, CHISINAU MD-2032 MOLDOVA

Guarantor      MOLDOVA - AGROINDBANK SA, CHISINAU MD 2006 MOLDOVA

Buyer          AGROMONTAJ, CHISINAU MD-2032 MOLDOVA

End-user       AGROMONTAJ, CHISINAU MD-2032 MOLDOVA

Exporter       WASTE SOLUTIONS INTERNATIONAL, SIOUX FALLS SD

Supplier       LUNDELL ENTERPRISES, INC., CHEROKEE IA

Supplier       ABN AMRO BANK N.V., CHICAGO IL

Gteed Lender   ABN AMRO BANK N.V., CHICAGO IL

Project Description SOLID WASTE RECYCLING PLANT

Product Description SOLID WASTE RECYCLING PLANT

Financed Amount $    6,116,925

Repayment Term  5 YEARS

Credit Committee Decision APPROVED

Item No  2

Country  BRAZIL  Policy No. MTA-245316

Credit Committee Decision:  Held

Item No. 3

Country: Philippines               Policy No.:  MSM-251207

Request For: Commitment    

Policy Type: Single-Sale, Multiple Shipments                               

Coverage Type/Term: Comprehensive/MT

 Insured:            East West Bank, San Marino, CA

 Buyer/Obligor:           N S Mangio Construction and Development Corporation, Quezon City, Philippines

Guarantor:            Nestor S. Mangio, Quezon City, Philippines

 End-User:            Various, Quezon City, Philippines

 Exporter:                       Rapid Joint Steel Companies, Inc., Stafford, TX 77477-3611

Suppliers:            Reba LLC, Irvine, CA 92614-5910

                                QFC USA, Inc., Walnut, CA 91789-3047

Broker:   Global Frontier Insurance Brokerage, CA

Product/Use:   U.S. made steel framed housing units and related materials and equipment for

                                 construction in the Philippines

Ex-Im Bank Liability (Millions):  $1 - $5

Credit Committee Decision:   APPROVED

Item No. 4

Country: Brazil             Policy No.:  MTA-248112 

Request For: Policy (New)   

Policy Type: Single Sale/Single Shipment                                               

Coverage Type/Term: Comprehensive/MT

 Insured:            US Bank National Association, Minneapolis, MN 55402

 Buyer/Obligor:            Braskem, S.A., Sao Paulo, Brazil

 Guarantor:   Polialden Petroquimica, Bahia, Brazil

End-User:            Braskem, S.A., Sao Paulo, Brazil

Exporter:            UOP, LLC, Des Plaines, IL  60016

Broker:   US Bancorp Insurance Services                    

Products/Use:             Parex Adsorbent and related equipment to be utilized at Braskems existing

                        Parex processing unit at its Camacari, Bahia, refinery as an input for production of fibers and thermoplastic resins.

Ex-Im Bank Liability (Millions):  $1 - $5

Credit Committee Decision:   APPROVED