News | Board Minutes | 2003

EXPORT-IMPORT BANK OF THE UNITED STATES              
SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE
FEBRUARY 21, 2003

Item No. 1
Country: Colombia   Policy No.: MTR-242511    
Request for:  Insurance Policy               
Policy Type:  Multiple Sales/Multiple Shipments 
Coverage Type/Term:  Comprehensive/MT
Insured:       PNC Bank, Pittsburgh, Pennsylvania 15265-0001
Buyer:         Transporte Aereo de Santander Ltda., Bucaramanga, Santander, Colombia
Guarantor(s):  Incubadora Andina, S.A., Bucaramanga, Santander, Colombia
End-User:      Transportes Aereos de Santander Ltda., Bucaramanga, Santander, Colombia
Exporter:      Export Finance Group, Inc., Lakes Wales, Florida 33853-1444
Supplier:      To be determined                                   
Product:       Used Cessna airplanes 
Broker:        Export Insurance Agency, Walpole, MA 02081-2802       
Credit Committee Decision:  DENIED

Item No. 2
Country: Turkey   -  Policy No. MSM-246744
Request For: Insuance Policy (New)    
Policy Type: Single Sale/Multiple Shipments     
Coverage Type/Term: Comprehensive/MT
Insured:     Allfirst Bank, Baltimore, MD 21201-3320
Borrower:    Atilim Kagit Urunleri Ve Basim Sanayi Ticaret A.S., Istanbul, Turkey
Guarantors:  Joint and several guarantees from: Tarsa Kagit Ve Kimya Sanayi Ticaret A.S.;
              Tarik Sarioglu; & Ahmet Sarioglu 
End-User:    Atilim Kagit Urunleri Ve Basim Sanayi Ticaret A.S., Istanbul, Turkey
Exporter:    Mark Andy, Inc., Chesterfield, MO 63005-1116
Supplier:    Mark Andy, Inc., Chesterfield, MO 63005-1116
Broker:      International Risk Consultants, Inc., Columbus, OH   
Product:     Form paper printing machinery
Ex-Im Bank Liability (Millions):  USD1 - USD5
Credit Committee Decision:  APPROVED

Item No. 3
Country: MEXICO  -  Policy No. MTR-246462
Request For: Insurance Policy 
Policy Type: Repetitive Sales/Multiple Shipments    
Coverage Type/Term: Comprehensive/MT
Insured:       PNC Bank, N.A.
Buyer/Obligor: Facileasing, S.A. de C.V., Mexico City, Mexico 
End-User:      Same
Guarantor:     None
Exporter(s):   Various
Supplier(s):   Various
Broker:        EIA   
Product:       Various capital goods 
Ex-Im Bank Liability (Millions):  USD1 - USD5
Credit Committee Decision:  APPROVED

ITEM NO 4
Country BRAZIL                                 AP079146XX
Request for FINAL COMMITMENT
Applicant      BANCO ITAU SA NEW YORK BRANCH, NEW YORK NY
Borrower       PETROFLEX INDUSTRIA E COMERCIO S.A., DUQUE DE CAXIAS, 
                 RIO DE JANEIRO 25221-000 BRAZIL
Guarantor      NONE
Buyer          PETROFLEX INDUSTRIA E COMERCIO S.A., DUQUE DE CAXIAS, 
                 RIO DE JANEIRO 25221-000 BRAZIL
End-user       PETROFLEX INDUSTRIA E COMERCIO S.A., DUQUE DE CAXIAS, 
                 RIO DE JANEIRO 25221-000 BRAZIL
Exporter       ANDERSON INTERNATIONAL CORP, CLEVELAND OH
Exporter       CONSOLIDATED BALING MACHINE CO, JACKSONVILLE FL
Supplier       ANDERSON INTERNATIONAL CORP, CLEVELAND OH
Supplier       CONSOLIDATED BALING MACHINE CO, JACKSONVILLE FL
Gteed Lender   BANCO ITAU SA NEW YORK BRANCH, NEW YORK NY
Project Description PLANT EXPANSION & TECHNOLOGY UPGRADE
Product Description RUBBER & PETROCHEMICAL MANUFACTURING EQUIPMENT
Financed Amount USD    2,227,778
Repayment Term  5 YEARS
Credit Committee Decision APPROVED

ITEM NO 5
Country NIGERIA                                AP079200XX
Request for FINAL COMMITMENT
Applicant      OVERLAND AIRWAYS LIMITED, IKEJA, LAGOS NIGERIA
Borrower       OVERLAND AIRWAYS LIMITED, IKEJA, LAGOS NIGERIA
Guarantor      CAPITAL BANK INTERNATIONAL, LAGOS NIGERIA
Guarantor      BOYO, CAPTAIN EDWARD, IKEJA, LAGOS NIGERIA
Guarantor      LANDOVER COMPANY LIMITED, IKEJA, LAGOS, NIGERIA
Buyer          OVERLAND AIRWAYS LIMITED, IKEJA, LAGOS NIGERIA
End-user       OVERLAND AIRWAYS LIMITED, IKEJA, LAGOS NIGERIA
Exporter       RAYTHEON AIRCRAFT COMPANY, WICHITA KS
Supplier       RAYTHEON AIRCRAFT COMPANY, WICHITA KS
Project Description AIR TRANSPORTATION
Product Description USED AIRCRAFT
Repayment Term  5 YEARS
Credit Committee Decision APPROVED