News | Board Minutes | 2003

                            EXPORT-IMPORT BANK OF THE UNITED STATES

       SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE

     JUNE 6, 2003

Item No. 1

Country: Brazil        Policy No.: MTA-245316   

Request for: Policy (New)     

Policy Type: Single Sale/Single Shipment                                               

Coverage Type/Term: Comprehensive/MT

Insured:               Air Tractor, Inc., Olney, TX 76374-0485

Buyer/Obligor:    Rondon Aviancao Agricola Ltda., Tangara de Serra, Brazil

Guarantor:         Gastao Laurenco de Lima and Danilo Iper de Lima, jointly and severally

End-User:           Rondon Aviancao Agricola Ltda., Tangara de Serra, Brazil

Exporter U.S.:   Air Tractor, Inc., Olney, TX 76374-0485

Supplier:            Air Tractor, Inc., Olney, TX 76374-0485

Exporter Canadian:  Pratt & Whitney

Broker:              International Risk Consultants, Columbus, OH 43215-1569

Product/Use:     Agricultural aircraft for aerial spray application of herbicides and fertilizers

Ex-Im Bank Liability (Millions): $0 - $1

Credit Committee Decision: APPROVED

Item No. 2  - withdrawn

Item No. 3.

Country: Brazil                Policy No.: MSM-251181                                                                     

Request for: Policy (New)                                                                 

Policy Type: Single Sale/Multiple Shipments                                   

Coverage Type/Term: Comprehensive/MT

Insured:              Hemisphere National Bank, Miami FL 33166-4022

Buyer/Obligor:   Pigozzi S.A. Engrenagens E Transmissoes, Rio Grandes do Sul, Brazil   

Guarantor:          Terezinha Pigozzi, Emir Artico Alves, Ernani Fisch, and Jones Francisco  Mariani,  jointly and severally

End-User:           Pigozzi S.A. Engrenagens E Transmissoes, Rio Grandes do Sul, Brazil

Exporter:            The Gleason Works, Rochester, NY 14607-1239

Supplier:             The Gleason Works, Rochester, NY 14607-1239

Broker:               International Risk Consultants, Columbus, OH 43215-1569

Product/Use:      Gear Cutting machines for the production of bevel gears

Ex-Im Bank Liability (Millions):  $1 - $5

Credit Committee Decision: APPROVED