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Summary of the Meeting of the Board of Directors

Tuesday, June 23, 1998
 
Completed

CERTIFICATION FOR CLOSURE OF MEETING

[To be provided]

Date Posted: Monday, April 21, 2003

EXPORT-IMPORT BANK OF THE UNITED STATES
MEETING OF THE LOAN COMMITTEE SUMMARY OF MINUTES
JUNE 23, 1998

ITEM NO: 5.
Country: Turkey Policy No.: MTA-189878
Request For: Insurance Commitment (New)
Policy Type: Single Sale/Single Shipment
Coverage Type/Term: Comprehensive/MT
Insured: First Union National Bank, Charlotte, NC
Buyer/Obligor: Yasar Finansal Kirlalama A.S., Istanbul, Turkey
Guarantor: Turkiye Tutunculer Bankasi Yasarbank A.S., Istanbul, Turkey
End-User: Yasar Finansal Kirlalama A.S., Istanbul, Turkey
Exporter: Hypercom Europe Ltd. Inc., Phoenix, AZ
Supplier: Hypercom Europe Ltd. Inc., Phoenix, AZ
Broker: Export Insurance Agency, Walpole, MA
Product: T7 Point of Sale Terminals
EXIMBANK LIABILITY (MILLIONS):USD0 - USD1
Loan Committtee Decision: APPROVED

ITEM NO 6
Country PHILIPPINES AP073402XX
Request for FINAL COMMITMENT
Applicant FIRST NATL BANK OF NEW ENGLAND, HARTFORD CT
Borrower AMTES CORPORATION, CALOCAN CITY, METRO MANILA PHILIPPINES
Guarantor FOMPAC CORPORATION, CALOCAN CITY, METRO MANILA PHILIPPINES
Guarantor TANLIMCO, ALBERT, TONDO, MANILA PHILIPPINES
Buyer AMTES CORPORATION, CALOCAN CITY, METRO MANILA PHILIPPINES
End-user AMTES CORPORATION, CALOCAN CITY, METRO MANILA PHILIPPINES
Exporter SENCORP SYSTEMS, INC., HYANNIS MA
Supplier SENCORP SYSTEMS, INC., HYANNIS MA
Gteed Lender FIRST NATL BANK OF NEW ENGLAND, HARTFORD CT
Project Description FOAM PRODUCT MFG.
Product Description FOAM PRODUCT MAKING MACHINERY
Financed Amount USD 1,001,244
Repayment Term 5 YEARS
Loan Committee Decision APPROVED

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
JUNE 25, 1998

ITEM NO 1
MINUTES OF MEETING OF JUNE 10, 1998, TO BE APPROVED
Board Decision APPROVED

ITEM NO 2
MINUTES OF SPECIAL MEETING OF JUNE 11, 1998, TO BE APPROVED
Board Decision APPROVED

ITEM NO. 2A
BUDGET TASK FORCE
PROJECTION OF DEMAND
Board Decision DISCUSSION

ITEM NO 3
Country BAHRAIN AP072393XX
Request for FINAL COMMITMENT
Applicant CITICORP, NEW YORK NY
Borrower MINST OF FINANCE & NATIONAL ECONOMY, MANAMA, BAHRAIN
Guarantor NONE
Buyer MINST OF ELECTRICITY, MANAMA BAHRAIN
End-user MINST OF ELECTRICITY, MANAMA BAHRAIN
Exporter BLACK & VEATCH INTL CO*, KANSAS CITY MO
Supplier BLACK & VEATCH INTL CO (INC)*, SHAWNEE MSN KS
Supplier ASSOCIATED AIR PRODUCTS INC., SHAWNEE MISSION KS
Supplier ADDITIONAL SUPPLIERS
Gteed Lender CITICORP, NEW YORK NY
Project Name AL HIDD PROJECT
Project Description COMBUSTION TURBINE COGENERATION PLANT
Product Description CONDUITS, CABLE TRAY & RACEWAYS
Financed Amount USD19,329,765
Repayment Term 12 YEARS
Board Decision APPROVED

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
JUNE 25, 1998

ITEM NO 4
Country MOROCCO PC072617XX
Request for PRELIMINARY COMMITMENT
Applicant GENERAL RAILWAY SIGNAL CORP, ROCHESTER NY
Borrower MOROCCAN RAILWAYS, RABAT-AGDAL MOROCCO
Guarantor MINST OF FINANCE, RABAT MOROCCO
Buyer MOROCCAN RAILWAYS, RABAT-AGDAL MOROCCO
End-user MOROCCAN RAILWAYS, RABAT-AGDAL MOROCCO
Exporter GENERAL RAILWAY SIGNAL CORP, ROCHESTER NY
Supplier GENERAL RAILWAY SIGNAL CORP, ROCHESTER NY
Gteed Lender FINANCIAL INSTITUTION ACCEPTABLE TO EIB
Project Name MARRAKECH-FES LINE
Project Description RAILWAY TRANSPORTATION
Product Description RAILWAY SIGNALING & CONTROL SYSTEMS
Ex-Im Bank Liability (Millions) USD5 - USD20
PC Expiry Date 01/14/99
Board Decision APPROVED

ITEM NO 5
Country TURKMENISTAN AP072410XX
Request for FINAL COMMITMENT
Applicant SOCIETE GENERALE, NEW YORK NY
Borrower STATE BANK FOR FOREIGN ECONOMIC AFFAIRS, ASHGABAT 744000 TURKMENISTAN
Guarantor CABINET OF MINISTERS OF TURKMENISTAN, ASHGABAT TURKMENISTAN
Buyer CORPORATION KUVVAT, ASHGABAT 744000 TURKMENISTAN
End-user CORPORATION KUVVAT, ASHGABAT 744000 TURKMENISTAN
Exporter CETLIN CONSULTING INC., WICHITA KS
Supplier CETLIN CONSULTING INC., WICHITA KS
Supplier S J BAISCH ASSOCIATES INC, KAUKAUNA WI
Supplier ADDITIONAL SUPPLIERS
Gteed Lender SOCIETE GENERALE, NEW YORK NY
Project Description PULP AND PAPER MILL
Product Description PAPER PRODUCTION MACHINERY
Board Decision REFER TO U.S. CONGRESS

ITEM NO 6
Country CHINA (MAINLAND) AP073241XX
Request BY PEFCO FOR EX-IM BANK APPROVAL OF FIXED LENDING INTEREST RATES
Applicant CHASE SECURITIES INC., NEW YORK NY
Borrower SPV/CHINA XINJIANG AIRLINES, XINJIANG PROVINCE CHINA(MAINLAND)
Guarantor INDUSTRIAL & COMMERCIAL BANK OF CHINA, BEIJING 100036 CHINA(MAINLAND)
Buyer SPV/CHINA XINJIANG AIRLINES, XINJIANG PROVINCE CHINA(MAINLAND)
End-user CHINA XINJIANG AIRLINES, XINJIANG UYGUR AUTONOMOUS REGION, 830016 CHINA(MAINLAND)
Exporter BOEING COMPANY THE*, SEATTLE WA
Supplier BOEING COMPANY THE*, SEATTLE WA
Gteed Lender PRIVATE EXPORT FUNDING CORPORATION, NEW YORK NY
Lessor SPV/CHINA XINJIANG AIRLINES, XINJIANG PROVINCE CHINA(MAINLAND)
Lessee CHINA XINJIANG AIRLINES, XINJIANG UYGUR AUTONOMOUS REGION, 830016 CHINA(MAINLAND) Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
Board Decision: APPROVED

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
JUNE 25, 1998

ITEM NO 7A
Country TURKEY AP073661XX
Request for FINAL COMMITMENT
Applicant ABN AMRO NORTH AMERICA INC, CHICAGO IL
Borrower SPV/TURK HAVA YOLLARI TAO, ISTANBUL TURKEY
Guarantor UNDERSECRETARIAT OF TREASURY, ANKARA 06510 TURKEY
Buyer SPV/TURK HAVA YOLLARI TAO, ISTANBUL TURKEY
End-user TURK HAVA YOLLARI T A O, ISTANBUL, TURKEY
Exporter BOEING COMPANY THE*, SEATTLE WA
Supplier BOEING COMPANY THE*, SEATTLE WA
Supplier CFM INTERNATIONAL INC, CINCINNATI OH
Gteed Lender ABN AMRO NORTH AMERICA INC, CHICAGO IL
Lessor SPV/TURK HAVA YOLLARI TAO, ISTANBUL TURKEY
Lessee TURK HAVA YOLLARI T A O, ISTANBUL, TURKEY
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
Board Decision REFER TO U.S. CONGRESS

ITEM NO 7B
Country TURKEY AP073566XX
Request for FINAL COMMITMENT
Applicant CITIBANK N.A., 80280 ESENTEPE, ISTANBUL TURKEY
Borrower SPV/TURK HAVA YOLLARI TAO, ISTANBUL TURKEY
Guarantor UNDERSECRETARIAT OF TREASURY, ANKARA 06510 TURKEY
Buyer SPV/TURK HAVA YOLLARI TAO, ISTANBUL TURKEY
End-user TURK HAVA YOLLARI T A O, ISTANBUL, TURKEY
Exporter BOEING COMPANY THE*, SEATTLE WA
Supplier BOEING COMPANY THE*, SEATTLE WA
Supplier CFM INTERNATIONAL INC, CINCINNATI OH
Gteed Lender CITIBANK N A*, NEW YORK NY
Lessor SPV/TURK HAVA YOLLARI TAO, ISTANBUL TURKEY
Lessee TURK HAVA YOLLARI T A O, ISTANBUL, TURKEY
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
Board Decision REFER TO U.S. CONGRESS

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
JUNE 25, 1998

ITEM NO 7C
Country TURKEY PC073136XX
Request for PRELIMINARY COMMITMENT
Applicant BOEING COMPANY THE*, SEATTLE WA
Borrower SPV/TURK HAVA YOLLARI TAO, ISTANBUL TURKEY
Guarantor UNDERSECRETARIAT OF TREASURY, ANKARA 06510 TURKEY
Buyer SPV/TURK HAVA YOLLARI TAO, ISTANBUL TURKEY
End-user TURK HAVA YOLLARI T A O, ISTANBUL, TURKEY
Exporter BOEING COMPANY THE*, SEATTLE WA
Supplier BOEING COMPANY THE*, SEATTLE WA
Supplier CFM INTERNATIONAL INC, CINCINNATI OH
Gteed Lender FINANCIAL INSTITUTION ACCEPTABLE TO EIB, UNKNOWN DC
Lessor SPV/TURK HAVA YOLLARI TAO, ISTANBUL TURKEY
Lessee TURK HAVA YOLLARI T A O, ISTANBUL, TURKEY
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
Board Decision REFER TO U.S. CONGRESS

ITEM NO 7D
Country TURKEY PC073655XX
Request for PRELIMINARY COMMITMENT
Applicant BOEING COMPANY THE*, SEATTLE WA
Borrower TURK HAVA YOLLARI T A O, ISTANBUL, TURKEY
Guarantor UNDERSECRETARIAT OF TREASURY, ANKARA 06510 TURKEY
Buyer TURK HAVA YOLLARI T A O, ISTANBUL, TURKEY
End-user TURK HAVA YOLLARI T A O, ISTANBUL, TURKEY
Exporter BOEING COMPANY THE*, SEATTLE WA
Supplier BOEING COMPANY THE*, SEATTLE WA
Supplier CFM INTERNATIONAL INC, CINCINNATI OH
Gteed Lender FINANCIAL INSTITUTION ACCEPTABLE TO EIB, UNKNOWN DC
Project Description AIR TRANSPORTATION
Product Description AIR FRAME SPARES & GROUND SUPPORT
Board Decision REFER TO U.S. CONGRESS
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MEETING OF BOARD OF DIRECTORS