News | Board Minutes | 2003

              EXPORT-IMPORT BANK OF THE UNITED STATES

       SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS

                        JULY 24, 2003

ITEM NO 1 Minutes of July 3, 2003, Board meeting to be approved

          Board Decision:  APPROVED

ITEM NO 2 Minutes of July 10, 2003 Board Meeting to be approved

          Board Decision:  APPROVED

ITEM NO 3

Country TURKEY                                 AP079444XX

Request for FINAL COMMITMENT

Applicant      FORTIS CAPITAL CORP, STAMFORD CT

Borrower       AYEN OSTIM ENERJI OTOPRODUKSIYON SANAYI, ANKARA 06550 TURKEY

Guarantor      FINANSBANK A.S., ANKARA TURKEY

               C0FACE, PARIS, FRANCE

Buyer          AYEN OSTIM ENERJI OTOPRODUKSIYON SANAYI, ANKARA 06550 TURKEY

End-user       AYEN OSTIM ENERJI OTOPRODUKSIYON SANAYI, ANKARA 06550 TURKEY

Exporter       GE CAPITAL MARKETS SERVICES, INC., HOUSTON TX

Exporter       GE PACKAGED POWER INC, HOUSTON TX

Supplier       GE CAPITAL MARKETS SERVICES, INC., HOUSTON TX

Supplier       GE PACKAGED POWER INC, HOUSTON TX

Supplier       GAMA ENDUSTRI TESISLERI IMALAT VE MONTAJ, ANKARA 06680 TURKEY

Gteed Lender   FORTIS CAPITAL CORP, STAMFORD CT

Cofin ECA      COFACE OF FRANCE

Project Name AYEN OSTIM_35MW COMBINED CYCLE PWR PLANT

Project Description AYEN OSTIM 35MW COMBINED CYCLE PWR PLANT

Product Description 35MW GAS TURBINE GENERATOR SET

Financed Amount $    12,774,490

Repayment Term  10 YEARS

Board Decision APPROVED

ITEM NO 4

Country TURKEY                                 AP079452XX

Request for FINAL COMMITMENT

Applicant      UPS CAPITAL BUSINESS CREDIT, HARTFORD CT

Borrower       BIS ENERJI ELEKTRIK URETIMI OTO GRUBU AS, BURSA TURKEY

Guarantor      GARANTI-INSTITUTTET FOR EKSPORTKREDIT (GIEK), OSLO 0122 NORWAY

Buyer          BIS ENERJI ELEKTRIK URETIMI OTO GRUBU AS, BURSA TURKEY

End-user       BIS ENERJI ELEKTRIK URETIMI OTO GRUBU AS, BURSA TURKEY

Exporter       UPS CAPITAL BUSINESS CREDIT, HARTFORD CT

Exporter       WAHLCOMETROFLEX INC., LEWISTON ME

Exporter       ADDITIONAL EXPORTERS

Supplier       UPS CAPITAL BUSINESS CREDIT, HARTFORD CT

Supplier       WAHLCOMETROFLEX INC., LEWISTON ME

Supplier       ADDITIONAL SUPPLIERS

Gteed Lender   UPS CAPITAL BUSINESS CREDIT, HARTFORD CT

Cofin ECA      GARANTI-INSTITUTTET FOR EKSPORTKREDIT (GIEK), OSLO 0122 NORWAY

Project Name BIS ENERJI 50MW SIMPLE CYCLE POWER PLANT

Project Description BIS ENERJI 50MW SIMPLE CYCLE POWER PLANT

Product Description TURBINE AND TURBINE GENERATOR SET UNITS

Financed Amount $   15,368,337

Repayment Term  10 YEARS

Board Decision APPROVED

ITEM NO 5

Country MEXICO                                 AP079595XX

Request for FINAL COMMITMENT

Applicant      TORONTO-DOMINION BANK, HOUSTON TX

Borrower       PETROLEOS MEXICANOS, MEXICO, DISTRITO F MEXICO

Guarantor      PEMEX EXPLORACION Y PRODUCCION, CIUDAD DE MEXICO, DF MEXICO

Guarantor      PEMEX REFINACION S.A. DE C.V., MEXICO, DF MEXICO

Guarantor      PEMEX GAS Y PETROQUIMICA BASICA, MEXICO D.F., 11311, MEXICO

Buyer          PETROLEOS MEXICANOS, MEXICO, DISTRITO F MEXICO

End-user       PETROLEOS MEXICANOS, MEXICO, DISTRITO F MEXICO

Exporter       VARIOUS, UNKNOWN

Supplier       VARIOUS, UNKNOWN

Gteed Lender   TORONTO-DOMINION BANK, HOUSTON TX

Project Name  NONE

Project Description OIL AND GAS PRODUCTION

Product Description PETROLEUM MANUFACTURING EQUIPMENT

Financed Amount $   77,047,500

Repayment Term  5 YEARS

Board Decision APPROVED

ITEM NO 6 

Working Guarantee Program Fast Track Application Processing

Board Decision APPROVED