News | Board Minutes | 2007

                               EXPORT-IMPORT BANK OF THE UNITED STATES

                  SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS

                                                  AUGUST 8, 2007

ITEM NO 1

Working Capital Guarantee No. AP083313XX

Request for FINAL COMMITMENT

Applicant      UNITED COMMERICAL BANK, SAN FRANCISCO CA

Gteed Lender   UNITED COMMERICAL BANK, SAN FRANCISCO CA

Borrower       RETECH SYSTEMS LLC, UKIAH CA

Guarantor      JOINTLY AND SEVERALLY

                  GOLTZ, JAMES A., UKIAH CA

                  SECO/WARWICK CORPORATION, MEADVILLE PA

Product Description MANUFACTURER OF METALLURGICAL PROCESSING EQUIPMENT

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

Board Decision APPROVED

ITEM NO 2

Country: RUSSIA

Policy No.: ELC-121145

Request For: Issuing Bank Credit Limit   

Policy Type: Letter of Credit                  

Coverage Type/Term: Comprehensive/ST

Insured:          JPMorganChase, New York, NY

Buyer/Obligor:    International Moscow Bank, Moscow, Russia

End User:         OJSC Surgutneftegas, Surget, Russia

Guarantor:        None

Exporter:         Stewart & Stevenson Power Products, LLC, Houston, TX

Broker:           EIA Global, Walpole MA

Products/Use:     Fracturing Equipment and Spare Parts

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

Board Decision APPROVED

ITEM NO 3 WITHDRAWN