News | Board Minutes | 2004

                                         EXPORT-IMPORT BANK OF THE UNITED STATES

SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE

OCTOBER 8, 2004

Item No. 1

Country:  Nigeria -  Policy No. ESC-252288

Request for: SBCL Renewal

Policy Type:  Multi-buyer Insurance Policy     

Coverage Type/Term:  Comprehensive/ST

Insured:                ABRO Industries, Inc., South Bend, IN

Exporter:              ABRO Industries, Inc., South Bend, IN

Supplier:               ABRO Industries, Inc., South Bend, IN

Insurance Broker:  Trade Acceptance Group (TAG), Edina, MN

Products:     New ABRO branded automotive/industrial supply products & fire safety products

Ex-Im Bank Liability (Millions):  $5 - $20

Credit Committee Decision:  Approved

Item No. 2

Country:  Chile -  Policy No. FB-A-272898

Request for:  Commitment (New)

Policy Type:  Financial Institution Buyer Credit (FIBC)

Coverage Type/Term:  Comprehensive/ST

Insured:                CoBank, ACB Greenwood Village, CO

Insurance Broker:  Export Insurance Agency

Products:               Agricultural products for poultry processing

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

Credit Committee Decision:  Approved

Item No. 3

Country:  Turkey -  Policy No. MSM-272047

Request for:  Policy (New)

Policy Type:  Single Sale/Multiple Shipment

Coverage Type/Term:  Comprehensive/MT

Insured:                Toronto-Dominion Bank, Houston, TX

Exporter:              Enerloc Building Systems Inc., Austin, TX  78722-2321

Supplier(s):           ThermaSteel Corporation, Radford, VA  24141-4034

                              US Gypsum, Inc., Chicago, IL  60606-4647

                             and various others

Insurance Broker:  International Risk Consultants, Inc., Columbus, OH

Products:               Building materials to expand medical school buildings

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

Credit Committee Decision:  Approved

Item No. 4

Country:  Mexico -  Policy No. MSM-274274

Request for:  Policy (New)

Policy Type:  Single Sale/Multiple Shipment

Coverage Type/Term:  Comprehensive/MT

Insured:                RZB Finance LLC, New York, NY

Exporter:              San Antonio Trade Group, San Antonio, TX  78212-3421

Supplier:               Commerce Lanes Inc., Kissimmee, FL  34747-4806

Insurance Broker:  Penn International, San Antonio, TX 

Products:               Medical Imaging equipment

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

Credit Committee Decision:  Approved

ITEM NO 5

Country MEXICO                                 AP080962XX

Request for FINAL COMMITMENT

Applicant      TORONTO-DOMINION BANK, HOUSTON TX

Exporter       EPAC, INC., EL PASO TX

Supplier       EPAC, INC., EL PASO TX

Supplier       PORTLAND FREIGHTLINER INC, PORTLAND OR

Supplier       ADDITIONAL SUPPLIERS

Gteed Lender   TORONTO-DOMINION BANK, HOUSTON TX

Project Description TRANSPORTATION EQUIPMENT

Product Description TRUCKS & REFRIGERATED TRAILERS

Financed Amount $    2,381,591

Repayment Term  5 YEARS

Credit Committee Decision APPROVED

ITEM NO 6

Country KAZAKHSTAN                             AP081017XX

Request for FINAL COMMITMENT

Applicant      DEERE CREDIT INC., SCHAFFHAUSEN CH-8200 SWITZERLAND

Exporter       DEERE & COMPANY, MOLINE IL

Supplier       DEERE & COMPANY, MOLINE IL

Gteed Lender   DEERE CREDIT INC., JOHNSTON IA

Project Description AGRICULTURAL EQUIPMENT

Product Description TRACTORS & COMBINES

Financed Amount $    1,724,820

Repayment Term  5 YEARS

Credit Committee Decision APPROVED