News | Board Minutes | 2004

                            EXPORT-IMPORT BANK OF THE UNITED STATES        

        SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE
                                                      JULY 2, 2004

Item No. 1

Country:  Colombia  - Policy No. FB-A-266932       

Request for: Policy Commitment    

Policy Type: Financial Institution Buyer Credit                           

Coverage Type/Term:  Comprehensive/ST

 Insured:            PNC Bank, Pittsburgh, PA

Buyer/Obligor:  Compania Colombiana de Tejidos, S.A. (Coltejer), Itagui Antioquia,
                              Colombia

Guarantor:         None

End-User:         Compania Colombiana de Tejidos, S.A. (Coltejer), Itagui Antioquia,
                              Colombia

Exporter:          Various

Supplier:           Various

Broker:             EIA Global, Walpole, MA

Product:            Cotton

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

Credit Committee Decision:  APPROVED

Item No. 2

Country:   Peru        Policy No. FB-A-268888XX 

Request for: Policy Commitment

Policy Type: Financial Institution Buyer Credit                           

Coverage Type/Term:  Comprehensive/ST

Insured:             Union Planters Bank, Miami, FL

Buyer/Obligor:   Molino Las Mercedes, S.A., Arequipa, Peru

Guarantor:         Industria Molinera Altipampa, S.A., Arequipa, Peru

End-User:         Molino Las Mercedes, S.A., Arequipa, Peru

Exporter:          The Rice Company, Roseville, CA

Supplier:           Various

Broker:             EIA Global, Walpole, MA

Product:           Bulk agricultural commodities

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

Credit Committee Decision:  APPROVED

Item No. 3

Country:  Jamaica  - Policy No. MSM-266395

Request for:  Commitment (New)

Policy Type:  Single Sale/Multiple Shipments                               

Coverage Type/Term:  Comprehensive/MT

 Insured:              Manufacturers and Traders Trust Company (trading as M&T Bank)

Buyer/Borrower:  Arc Systems Ltd., Kingston, Jamaica

End-User:            Same

PSOR:                 Same

Guarantor:            Mr. Norman Horne, Mandeville, Manchester, Jamaica

Exporter:              Impex Associates, Inc., Miami, FL  33172-1416

Supplier:              GTI Engineering, Inc., Houston, TX  77084-5037

Supplier:              Rechtien International Trucks, Inc., Miami, FL  33166-2830

Supplier:             Additional suppliers

Insurance Broker:  Export Insurance Services

Product:               New construction equipment for expansion of existing facility for
                               wholesale of  various building equipment and products

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

Credit Committee Decision:  APPROVED

Item No. 4

Country:  United Arab Emirates  - Policy No. MSM-268193

Request for:  Policy

Policy Type:  Single Sale/Multiple Shipments                               

Coverage Type/Term:  Comprehensive/MT

Insured:                M & T Bank, Baltimore, MD  21201-3330

Buyer/Borrower:   Hydroturf LLC, Dubai, United Arab Emirates 

End-User:            Same

PSOR:                 Hydroturf International Company, Bahrain

Guarantors:           Hydroturf International Company, Bahrain and Khalid Abunayyan

Exportes/Suppliers:    Polaris Industries Inc., Hamel, MN 55340-9770

                                    Club Car Inc., Augusta, GA  30917-3067

Insurance Broker:      Global Insurance Services Inc., Baltimore, MD

Product:                    All terrain vehicles, golf carts and personal watercrafts

Credit Committee Decision:  DENIED

ITEM NO 5
Country MEXICO                                 AP080675XX
Request for FINAL COMMITMENT
Applicant      TORONTO-DOMINION BANK, HOUSTON TX
Borrower       CONSTRUCTORA ROBHE, S.A. DE C.V., DE LOS GARZA,
                   NUEVO LEON 66480 MEXICO
Guarantor      LOZANO LOZANO, ROBERTO, GARZA GARCIA, NUEVO LEON
                   MEXICO
Guarantor      CISNEROS ELIZONDO, AURORA, SAN PEDRO GARZA GARCIA
                   MEXICO
Guarantor      LOZANO CISNEROS, ALEJANDRA, SAN PEDRO GARZA GARCIA
                   MEXICO
Buyer          CONSTRUCTORA ROBHE, S.A. DE C.V., DE LOS GARZA,
                   NUEVO LEON 66480 MEXICO
End-user       CONSTRUCTORA ROBHE, S.A. DE C.V., DE LOS GARZA,
                   NUEVO LEON 66480 MEXICO
Exporter       SAN ANTONIO TRADE GROUP INC., SAN ANTONIO TX
Supplier       CASE CORPORATION, RACINE, WI
Supplier       INGERSOLL-RAND COMPANY, WOODCLIFF LAKE, NJ
Supplier       ADDITIONAL SUPPLIERS
Gteed Lender   TORONTO-DOMINION BANK, HOUSTON TX
Project Name
Project Description NEW CONSTRUCTION EQUIPMENT
Product Description ALL OTHER HEAVY EQUIPMENTFinanced Amount $7,978,598
Repayment Term  5 YEARSCredit Committee Decision APPROVED

ITEM NO 6
Country RUSSIA                                 AP080783XX
Request for FINAL COMMITMENT
Applicant      JOHN DEERE INTERNATIONAL GMBH, SCHAFFHAUSEN, GH-8200
                 SWITZERLAND
Borrower       URAL-SIBERIAN BANK PUBLIC JOINT STOCK CO, UFA,

           BASHKORTSTAN 450000 RUSSIA
Guarantor      NONE
Buyer          VARIOUS RUSSIAN BUYERS, UNKNOWN RUSSIA
End-user       VARIOUS RUSSIAN BUYERS, UNKNOWN RUSSIA
Exporter       DEERE & COMPANY, MOLINE IL
Supplier       DEERE & COMPANY, MOLINE IL
Gteed Lender   DEERE CREDIT INC., JOHNSTON IA
Project Description AGRICULTURAL EQUIPMENT
Product Description COMBINES, TRACTORS, CULTIVATORS & SEEDERS
Financed Amount $   10,501,000
Repayment Term  5 YEARS
Credit Committee Decision APPROVED

ITEM NO 7
Country NIGERIA                                AP080656XX
Request for FINAL COMMITMENT
Applicant      MANUFACTURERS AND TRADERS TRUST CO., BALTIMORE MD
Borrower       EIB INTERNATIONAL BANK PLC, LAGOS, LAGOS STATE NIGERIA
Guarantor      NONE
Buyer          IBILE HOLDINGS LIMITED, LAGOS, LAGOS STATE NIGERIA
End-user       IBILE HOLDINGS LIMITED, LAGOS, LAGOS STATE NIGERIA
Exporter       DREDGING SUPPLY COMPANY INC, RESERVE LA
Supplier       DREDGING SUPPLY COMPANY INC, RESERVE LA
Gteed Lender   MANUFACTURERS AND TRADERS TRUST CO., BALTIMORE MD
Project Name   LAGOS STATE DREDGING ACTIVITIES
Project Description SHARK DREDGE AND ACCESSORIES
Product Description CONSTRUCTION MACHINERY MANUFACTURING
Financed Amount $    3,258,220
Repayment Term  5 YEARS
Credit Committee Decision APPROVED