Summary of the Meeting of the Board of Directors
Friday, April 3, 1998CERTIFICATION FOR CLOSURE OF MEETING
[To be provided]
EXPORT-IMPORT BANK OF THE UNITED STATES
MEETING OF THE LOAN COMMITTEE SUMMARY OF MINUTES
APRIL 3, 1998
ITEM NO: 1. Policy No.: MTA-189415
Country: Philippines
Request For: Commitment (New)
Policy Type: Single Sale/Single Shipment
Coverage Type/Term: Comprehensive/MT
Insured: CoreStates Bank, Philadelphia, PA
Buyer/Obligor: AsianBank Corporation, Manila, Philippines
Guarantor: None
End-User: Landco Pacific Course, Paranaque, Philippines
Exporter: California Turf Products, San Diego, CA
Supplier: California Turf Products, San Diego, CA
Product: Irrigation System
Eximbank Liability (MILLIONS):USD0 - USD1
Loan Committee Decision: APPROVED
ITEM NO 2
Country TURKEY AP073012XX
Request for FINAL COMMITMENT
Applicant NATIONSBANK CORPORATION, CHARLOTTE NC
Borrower NERGIS FINANSAL KIRALAMA A.S. (LEASING), ESENTEPE-ISTANBUL TURKEY
Guarantor INTERBANK A S, 80496 ISTANBUL TURKEY
Buyer NERGIS FINANSAL KIRALAMA A.S. (LEASING), ESENTEPE-ISTANBUL TURKEY
End-user BIS ENERJI ELEKTRIK URETIMI A.S., BURSA 16372 TURKEY
Exporter STEWART & STEVENSON SVCS INC, HOUSTON TX
Supplier STEWART & STEVENSON SVCS INC, HOUSTON TX
Gteed Lender NATIONSBANK CORPORATION, CHARLOTTE NC
Project Description COMBUSTION TURBINE POWER PLANT
Product Description GAS TURBINE GENERATOR SET
Financed Amount USD8,285,116
Repayment Term 7 YEARS
Loan Committee Decision APPROVED