News | Board Minutes | 2003

EXPORT-IMPORT BANK OF THE UNITED STATES 
SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE
MARCH 7, 2003
Item No. 1
Country: Mexico                 Policy No.:  MTA-247775 
Request for: Policy (New) 
Policy Type: Single Sale/Single Shipment  
Coverage Type/Term: Comprehensive/MT
Insured:       PNC Bank NA, Pittsburgh, PA 15222
Buyer/Obligor: Precision, SA de CV, Lomas Altas, Mexico
Guarantor:     Industrias Unidas, SA de CV, Lomas Altas, Mexico
End-User:      Precision, SA de CV, Lomas Altas, Mexico
Exporter:      International Resources Group, St Louis, MO 63114-5807
Supplier:      S&M Machine, Oconto Falls, WI 54154-1003
Broker:        Export Insurance Agency, Walpole, MA       
Product/Use:   Multi-spindle, automatic bar lathe (screw machine) expected to replace four outdated 
                 lathes and produce a higher quality product.
Ex-Im Bank Liability (Millions):  USD0 - USD1
Credit Committee Decision:  APPROVED
Item No. 2
Country: Mexico             Policy No.:  MSM-247353  
Request for: Policy (New) 
Policy Type: Single Sale/Multiple Shipments 
Coverage Type/Term: Comprehensive/MT
Insured:       Toronto-Dominion Bank, Baltimore, MD 21201
Buyer/Obligor: Fritos Encanto de Monterrey, S.A. de C.V., Monterrey, Mexico
Guarantor:     Mr. Alvaro Aguirre Trevino (primary shareholder), Monterrey, Mexico
Exporter:      San Antonio Trade Group, San Antonio, TX  78212-3421*
Supplier:      JC Ford Company, La Habra, CA  90631-6841*
Broker:        IRC, Columbus, OH  43215      
Product/Use:   Corn chip fryer & control panel, heat exchanger, and associated equipment expected to provide increased efficiency to the borrower's production line and reduced operating expense 
Ex-Im Bank Liability (Millions):  USD1 - USD5
Credit Committee Decision:  APPROVED

ITEM NO 3
Country MALI                                   AP079174XX
Request for FINAL COMMITMENT
Applicant      RIGGS BANK N.A., WASHINGTON DC
Borrower       MEGASAT S.A., BAMAKO MALI
Guarantor      KORREA, ABDRAMANE, BAMAKO MALI
Buyer          MEGASAT S.A., BAMAKO MALI
End-user       MEGASAT S.A., BAMAKO MALI
Exporter       BEDFORD INTERNATIONAL SERVICES, ABERDEEN MD
Supplier       WARSUN INTERNATIONAL, TYSONS CORNER VA
Gteed Lender   RIGGS BANK N.A., WASHINGTON DC
Project Description TELECOMMUNICATIONS
Product Description SATELLITE COMMUNICATIONS EQUIPMENT
Financed Amount USD    1,911,865
Repayment Term  5 YEARS
Credit Committee Decision APPROVED