News | Board Minutes | 2004

                  EXPORT-IMPORT BANK OF THE UNITED STATES

          SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE

                         FEBRUARY 20, 2004

ITEM NO 1

Country PHILIPPINES                            AP080156XX

Request for FINAL COMMITMENT

Applicant      TORONTO-DOMINION BANK, HOUSTON TX

Borrower       ALTURAS SUPERMARKET CORP., TAGBILARAN CITY, BOHOL
                       PHILIPPINES

Guarantor      UY, MARLITO C., TAGBILIARAN CITY, BOHOL PHILIPPINES

Guarantor      LOLITO C UY, TAGBILARAN CITY, BOHOL PHILIPPINES

Guarantor      ADDITIONAL GUARANTORS

Buyer          ALTURAS SUPERMARKET CORP., TAGBILARAN CITY, BOHOL
                       PHILIPPINES

End-user       ALTURAS SUPERMARKET CORP., TAGBILARAN CITY, BOHOL
                       PHILIPPINES

Exporter       V & C TRADING AND SONG CO, WHITTIER CA

Supplier       CATERPILLAR INC., PEORIA IL

Supplier       UNITED STEEL PRODUCTS ENTERPRISES, INC., EAST
                       STROUDSBURY PA

Supplier       ADDITIONAL SUPPLIERS

Gteed Lender   TORONTO-DOMINION BANK, HOUSTON TX

Project Description SHOPPING MALL

Product Description A/C & REFRIGERATION EQUIPMENT, GENERATORES

Financed Amount $    4,148,222

Repayment Term  5 YEARS

Credit Committee Decision APPROVED

ITEM NO 2

Country EGYPT                                  AP080202XX

Request for FINAL COMMITMENT

Applicant      RZB FINANCE LLC, NEW YORK NY

Borrower       TECHNICAL COMPANY FOR DIESEL SERVICES, NASR CITY,
                      CAIRO EGYPT

Guarantor      MOHAMED, SAID YOUSSEF, EL KHALAFAWY, SHOUBA,
                      CAIRO EGYPT

Guarantor      MOHAMED, ISLAM S.Y. & SAWAN EL SAID EL A, NASR CITY,
                      CAIRO EGYPT

Buyer          TECHNICAL COMPANY FOR DIESEL SERVICES, NASR CITY,
                      CAIRO EGYPT

End-user       TECHNICAL COMPANY FOR DIESEL SERVICES, NASR CITY,
                      CAIRO EGYPT

Exporter       EQUIPMENT SPECIALISTS INC, HAINES CITY FL

Supplier       IONICS INCORPORATED, WATERTOWN MA

Gteed Lender   RZB FINANCE LLC, NEW YORK NY

Project Description WATER DESALINIZATION PLANT

Product Description WATER DESALINAZATION EQUIPMENT

Financed Amount $    4,697,259

Repayment Term  10 YEARS

Credit Committee Decision APPROVED

Item No. 3

Country:  Mexico  -  Policy No. MTA-261289

Request for:  Commitment (New)

Policy Type:  Single Sale/Single Shipment

Coverage Type/Term:  Comprehensive/MT

Insured:            Sterling Bank, Houston, TX

Buyer/Obligor:  Atenti Publicidad SA de CV, San Angel Inn, Mexico D.F., Mexico

End-User:        Same

Guarantor:        Ricardo Lopez Franco, San Antonio, TX 78257-1293

Exporter:          Young Electric Sign Company, Las Vegas, NV 89118-1512

Broker:            Penn International Insurance, San Antonio, TX

Products/Use:  Electronic billboards, which will be used by the buyer to sell
                                     advertising space

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

Credit Committee Decision:  APPROVED   

            Item No. 4

            Country: Mexico  -  Policy No.: MSM-256180

            Request For: Policy (New)   

            Policy Type: Single Sale/Multiple Shipments                               

            Coverage Type/Term: Comprehensive/MT

            Insured:             RZB Finance, New York, NY 10036

            Buyer/Obligor:   Promocion y Edificacion Inmobiliaria, S.A. de C.V., Cancun,
      Quintana Roo, Mexico

            Guarantor:         Romeo Francisco Rincon

            End-User:         Buyer/Obligor

           Exporter/Supplier:    San Antonio Trade Group, Inc., San Antonio, 
                                             TX 78212-3421
           Broker:                    Penn International, San Antonio, TX

           Product/Use: New and used heavy construction equipment

           Credit Committee Decision:  DENIED

Item No. 5

Country:  Mexico  -  Policy No. MSM-263319

Request for:  Policy (New)

Policy Type:  Single Sale/Single Shipment

Coverage Type/Term:  Comprehensive/MT

Insured:            Toronto-Dominion Bank

Buyer/Obligor:  Constructora Arubva, SA de CV, Cuernavaca, Mexico

End-User:         Same

Guarantor:        Ruben Vargas Brito

Exporter:          San Antonio Trade Group, San Antonio, TX 78212-3421

Suppliers:         Besser Company, Alpena, MI 49707-4101

The Holt Companies, Inc., Dallas, TX 75248-2683

Nueces Farm Center Inc., Corpus, Christi, TX 78409-2803

Broker:            Penn International

Products/Use:  New concrete block production plant and used construction
                                      equipment

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

Credit Committee Decision:  APPROVED   

Item No. 6

Country:  Mexico  -  Policy No. MTA-261032

Request for:  Commitment (New)

Policy Type:  Single Sale/Single Shipment

Coverage Type/Term:  Comprehensive/MT

Insured:            The Toronto-Dominion Bank

Buyer/Obligor:  Tanques y Remolques Regionmontanos, SA de CV, Benito Juarez,
                                       Mexico

End-User:         Same

Guarantor:        Ing. Gustavo Rico Leal

Exporter:          San Antonio Trade Group, San Antonio, TX 78212

Suppliers:         Nueces Farm Center Inc., Corpus Christi, TX 78409

Broker:            Penn International

Products/Use:  New construction equipment

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

Credit Committee Decision:  APPROVED   

Item No. 7

Country:  Brazil -  Policy No. MTR-261685

Request for:  Policy

Policy Type:  Repetitive Sales

Coverage Type/Term:  Comprehensive/MT

Insured:                  PNC Bank N.A., Pittsburgh, PA 15265-0001

Buyer/Obligor:        Carlos Ernesto Augustin DBA Petrovina, Mato Grosso, Brazil

End-User:                Same

Guarantor:                Carlos Ernesto Augustin, Mato Grosso, Brazil

Exporters/Suppliers:  John Deere, Moline, IL  61265-8098

                                  Continental Eagle Corp., Pratville AL 360067-3700,

                                   and  additional exporters/suppliers

Broker:                    Exporter Insurance Agency, Walpole, MA 02081-2802

Products/Use:  Farm machinery and a cotton gin to be used on buyers farm

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

Credit Committee Decision:  APPROVED   

Item No. 8

Country:  Brazil -  Policy No. MSM-262337

Request for:  Policy (New)

Policy Type:  Single Sale/Multiple Shipments

Coverage Type/Term:  Comprehensive/MT

Insured:            PNC Bank N.A., Pittsburgh, PA 15265-0001

Buyer/Obligor:  Carlos Ernesto Augustin DBA Petrovina, Mato Grosso, Brazil

End-User:          Same

Guarantor:         Carlos Ernesto Augustin, Mato Grosso, Brazil

Exporter:           Continental Eagle Corp., Pratville AL 36067-3700

Supplier:            Continental Eagle Corp., Pratville AL 36067-3700

Broker:              Exporter Insurance Agency, Walpole, MA 02081-2802

Products/Use:    A cotton gin to be used on buyers farm

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

Credit Committee Decision:  APPROVED