News | Board Minutes | 2009

EXPORT-IMPORT BANK OF THE UNITED STATES

SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS

NOVEMBER 24, 2009


ITEM NO 1
Country CANADA                                 AP084183XX
Request for FINAL COMMITMENT

Applicant      JPMORGAN CHASE BANK, NEW YORK NY
Borrower       GIBRALTAR MINES LTD., MICLEESE LAKE, BC, VOL1P0 CANADA
Guarantor      TASEKO MINES LIMITED, VANCOUVER, BC V6C 1L6 CANADA
Buyer          GIBRALTAR MINES LTD., MICLEESE LAKE, BC, VOL1P0 CANADA
End-user       GIBRALTAR MINES LTD., MICLEESE LAKE, BC, VOL1P0 CANADA
Exporter       BUCYRUS INTERNATIONAL INC, SOUTH MILWAUKEE WI
Supplier       VARIOUS - UNITED STATES SMALL SUPPLIERS, UNKNOWN DC
Supplier       VARIOUS - UNITED STATES LARGE SUPPLIERS, UNKNOWN DC
Supplier       BUCYRUS INTERNATIONAL INC, SOUTH MILWAUKEE WI
Gteed Lender   JPMORGAN CHASE BANK, NEW YORK NY

Project Name  NONE
Project Description GIBRALTAR SURFACE COPPER MINE
Product Description ELECTRIC MINING SHOVEL
Financed Amount $ 19,508,546
Repayment Term 5 YEARS

Board Decision APPROVED

ITEM NO 2
Country MEXICO                                 AP084242XX
Request for FINAL COMMITMENT

Applicant      ELECTRICA DEL VALLE DE MEXICO, S.DE R.L., MEXICO, D.F. 03920 MEXICO
Borrower       ELECTRICA DEL VALLE DE MEXICO, S.DE R.L., MEXICO, D.F. 03920 MEXICO
Guarantor      EDF ENERGIES NOUVELLES, PARIS LA DEFENSE 92933 FRANCE
Buyer          ELECTRICA DEL VALLE DE MEXICO, S.DE R.L., MEXICO, D.F. 03920 MEXICO
End-user       ELECTRICA DEL VALLE DE MEXICO, S.DE R.L., MEXICO, D.F. 03920 MEXICO
Exporter       CLIPPER WINDPOWER INC, CARPINTERIA CA
Exporter       A T S SPECIALIZED INC, SAINT CLOUS MN
Exporter       ADDITIONAL EXPORTERS
Supplier       A T S SPECIALIZED INC, SAINT CLOUS MN
Supplier       TRINITY INDUSTRIES INC, DALLAS TX
Supplier       ADDITIONAL SUPPLIERS
Gteed Lender   NONE

Project Name LA MATA & LA VENTOSA
Project Description WINDPOWER PROJECT
Product Description WIND TURBINES
Financed Amount $ 80,658,504
Repayment Term  13.5 YEARS
Board Decision APPROVED 


ITEM NO 3A
Country CANADA                                 AP084000XX
Request for FINAL COMMITMENT

Applicant      IRON ORE COMPANY OF CANADA, MONTREAL, QUEBEC, H3A 3G4 CANADA
Borrower       IRON ORE COMPANY OF CANADA, MONTREAL, QUEBEC, H3A 3G4 CANADA
Guarantor      QUEBEC NORTH SHORE & LABRADOR RAILWAY CO, SEPT-ILES, QUEBEC G4R 3 CANADA
Guarantor      IOC SALES HOLDING COMPANY, MONTREAL, QUEBEC H3A 3G CANADA
Buyer          QUEBEC NORTH SHORE & LABRADOR RAILWAY CO, SEPT-ILES, QUEBEC G4R 3C7 CANADA
End-user       QUEBEC NORTH SHORE & LABRADOR RAILWAY CO, SEPT-ILES, QUEBEC G4R 3C7 CANADA
Exporter       ELECTRO-MOTIVE DIESEL INC, LA GRANGE IL
Supplier       ELECTRO-MOTIVE DIESEL INC, LA GRANGE IL
Supplier       VARIOUS - UNITED STATES LARGE SUPPLIERS, UNKNOWN DC
Supplier       VARIOUS - UNITED STATES SMALL SUPPLIERS, UNKNOWN DC
Gteed Lender   SOCIETE GENERALE, NEW YORK NY
Gteed Lender   COMERICA BANK, DETROIT MI

Project Name  NONE
Project Description FREIGHT RAILROAD TRANSPORTATION
Product Description LOCOMOTIVES
Financed Amount $ 10,031,243
Repayment Term  8.5 YEARS

Board Decision APPROVED



ITEM NO 3B
Country CANADA                                 AP084293XX
Request for FINAL COMMITMENT

Applicant      IRON ORE COMPANY OF CANADA, MONTREAL, QUEBEC, H3A 3G4 CANADA
Borrower       IRON ORE COMPANY OF CANADA, MONTREAL, QUEBEC, H3A 3G4 CANADA
Guarantor      IOC SALES HOLDING COMPANY, MONTREAL, QUEBEC H3A 3G CANADA
Guarantor      QUEBEC NORTH SHORE & LABRADOR RAILWAY CO, SEPT-ILES, QUEBEC G4R 3 CANADA
Buyer          IRON ORE COMPANY OF CANADA, MONTREAL, QUEBEC, H3A 3G4 CANADA
End-user       IRON ORE COMPANY OF CANADA, MONTREAL, QUEBEC, H3A 3G4 CANADA
Exporter       KOMATSU AMERICA CORP, PEORIA IL
Exporter       CATERPILLAR INC., PEORIA IL
Exporter       HARNISCHFEGER CORPORATION, MILWAUKEE WI
Supplier       KOMATSU AMERICA CORP, PEORIA IL
Supplier       CATERPILLAR INC., PEORIA IL
Supplier       ADDITIONAL SUPPLIERS
Gteed Lender   SOCIETE GENERALE, NEW YORK NY
Gteed Lender   COMERICA BANK, DETROIT MI

Project Name NONE
Project Description IRON ORE MINING
Product Description SHOVELS, DRILLS
Financed Amount $ 44,425,216
Repayment Term  8.5 YEARS

Board Decision APPROVED