News | Board Minutes | 2003

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
SEPTEMBER 4, 2003

ITEM NO 1
Country PANAMA                                 AP079689XX
Request for FINAL COMMITMENT

Applicant      CIA PANAMENA DE AVIACION S.A., PANAMA CITY PANAMA
Borrower       SPV/COPA HOLDINGS S.A., PANAMA CITY PANAMA
Guarantor      CIA PANAMENA DE AVIACION S.A., PANAMA CITY PANAMA
Guarantor      COPA HOLDINGS S.A., PANAMA CITY 1 PANAMA
Buyer          SPV/COPA HOLDINGS S.A., PANAMA CITY PANAMA
End-user       CIA PANAMENA DE AVIACION S.A., PANAMA CITY PANAMA
Exporter       BOEING COMPANY, THE, RENTON WA
Supplier       CFM INTERNATIONAL INC, CINCINNATI OH
Supplier       BOEING COMPANY, THE, RENTON WA
Gteed Lender   PRIVATE EXPORT FUNDING CORP, NEW YORK NY
Lessor         SPV/COPA HOLDINGS S.A., PANAMA CITY PANAMA
Lessee         OVAL FINANCIAL LEASING LTD, ROAD TOWN, TORTOLA VIRGIN ISL (UK)
Cofin ECA      NONE

Project Name
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
Repayment Term  12 YEARS

Board Decision APPROVED

ITEM NO 2       AP079689XX
Country   PANAMA        
Request  FINAL COMMITMENT
Request by Private Export Funding Corporation (PEFCO) for Ex-Im Bank  approval of its Fixed Interest Lending Rate on its participation in   the proposed financing. 

Borrower      SPV/COPA HOLDINGS S.A., PANAMA CITY PANAMA
Guarantor     CIA PANAMENA DE AVIACION S.A., PANAMA CITY PANAMA
Guarantor     COPA HOLDINGS S.A., PANAMA CITY 1 PANAMA
Buyer         SPV/COPA HOLDINGS S.A., PANAMA CITY PANAMA
End-user      CIA PANAMENA DE AVIACION S.A., PANAMA CITY PANAMA
Exporter      BOEING COMPANY, THE RENTON WA

Product Description AIRCRAFT

Board Decision:  APPROVED PEFCO'S FIXED INTEREST LENDING RATE