Agenda/Summary of Minutes of Meeting of Board of Directors

MEETING OF THE BOARD OF DIRECTORS
AGENDA
Thursday, February 28, 2013

 9:30 A.M.

 

I. NON-CLASSIFIED ITEMS:

OPEN: NONE

CLOSED:
WORKING CAPITAL DIVISION
1. Working Capital Guarantee No. AP085546XB (Renewal)
OBLIGOR:CNH America LLC
PRODUCTS:Farm & Construction Equipment


TRANSPORTATION DIVISION
2. COUNTRY:IRELAND – AP087549XX
FOREIGN BUYER:Milestone Aviation Group
END USER: Bond Aviation Group
END USER: Bristow Group
END USER: Lider Holding
END USER: Omni Taxi Aereo S.A.
PRODUCTS: Aircraft

 

II. CLASSIFIED ITEMS: NONE

CERTIFICATION FOR CLOSURE OF MEETING


I, Inci Tonguch-Murray, Assistant General Counsel for Administration (Acting), hereby certify that in my opinion the Meeting of the Board of Directors scheduled for 9:30 AM on Thursday, February 28, 2013, in the Board Room will disclose information of the kind set forth in Subsection (4) of Section 552b(c), Title 5 of the United States Code.

Accordingly, such meeting may be closed to the public. 

 

                                                              Inci Tonguch-Murray

 Assistant General Counsel (Acting)
Date Posted: February 22, 2013



ITEM NO 1 
Working Capital Guarantee No. AP085546XB
Request for RENEWAL

Applicant CITIBANK N.A., NEW YORK NY
Lender   CITIBANK N.A., NEW YORK NY
Obligor   CNH AMERICA LLC, BURR RIDGE IL
Products FARM & CONSTRUCTION EQUIPMENT
Product Description FARM & CONSTRUCTION EQUIPMENT
Ex-Im Bank Liability (Millions) $20+

Board Decision: APPROVED. Chairman Hochberg, Vice Chair Felton, Director Mulvaney, Director Loui and Director Walther all voted in favor of the renewal.


ITEM NO 2
Country IRELAND                              AP087549XX
Request for FINAL COMMITMENT

Applicant MILESTONE AVIATION GROUP LIMITED, DUBLIN IRELAND
Borrower   SPV/MILESTONE AVIATION GROUP LIMITED, DUBLIN IRELAND
Buyer      SPV/MILESTONE AVIATION GROUP LIMITED, DUBLIN IRELAND
End User  BOND AVIATION GROUP, MUTXAMEL SPAIN
End User  BRISTOW GROUP, INC, HOUSTON TX
End-user  ADDITIONAL END-USERS
Exporter  SIKRORSKY AIRCRAFT, STRATFORD CT
Supplier   KEYSTONE HELICOPTER CORP, COATESVILLE PA
Gteed Lndr DEUTSCHE BANK AG, FILIALE LONDON, EC2N 2DB LONDON UNITED KINGDOM
Lessor    SPV/MILESTONE AVIATION GROUP LIMITED, DUBLIN IRELAND
Lessee    MILESTONE AVIATION GROUP LIMITED, DUBLIN IRELAND

Project Name NONE
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT

Board Decision: REFERRED TO US Congress and Public Notice. Chairman Hochberg, Vice Chair Felton, Director Mulvaney, Director Loui and Director Walther all voted in favor of the referral.