Summary of the Meeting of the Board of Directors
Wednesday, July 29, 1998CERTIFICATION FOR CLOSURE OF MEETING
[To be provided]
SUMMARY OF MINUTES OF LOAN COMMITTEE
JULY 29, 1998
ITEM NO 5
Country MEXICO AP073563XX
Request for FINAL COMMITMENT
Applicant BANC ONE INTERNATIONAL CORPORATION, DALLAS, TX
Borrower ZINCACERO, S.A. DE C.V., APODACA, NUEVO LEON 66600 MEXICO
Guarantor LAMINA Y PLACA DE MONTERREY, S.A. DE C.V., SAN NICOLAS DE
LOS GARZA N. 66480 MEXICO
Buyer ZINCACERO, S.A. DE C.V., APODACA, NUEVO LEON 66600 MEXICO
End-user ZINCACERO, S.A. DE C.V., APODACA, NUEVO LEON 66600 MEXICO
Exporter DELTA BRANDS INC, IRVING TX
Supplier DELTA BRANDS INC, IRVING TX
Gteed Lender BANC ONE INTERNATIONAL CORPORATION, DALLAS, TX
Project Description FINISHED STEEL
Product Description STEEL PROCESSING EQUIPMENT
Financed Amount USD6,638,925
Repayment Term 5 YEARS
Loan Committee Decision APPROVED
ITEM NO 6
Country ARGENTINA AP073509XX
Request for FINAL COMMITMENT
Applicant SUNTRUST BANK CENTRAL FLA N A, ORLANDO FL
Borrower CIDEM S.R.L., CORDOBA 5009 ARGENTINA
Guarantor MASCO, CARLOS A., CORDOBA 5000 ARGENTINA
Guarantor HERNANDEZ, JORGE RAUL, CORDOBA 5000 ARGENTINA
Buyer CIDEM S.R.L., CORDOBA 5009 ARGENTINA
End-user CIDEM S.R.L., CORDOBA 5009 ARGENTINA
Exporter EXPORT FINANCE GROUP INC, LAKE WALES FL
Supplier HERTZ EQUIPMENT RENTAL CORP, MIAMI FL
Gteed Lender SUNTRUST BANK CENTRAL FLA N A, ORLANDO FL
Project Description WATER,SEWER,GAS,& POWER PIPELINES
Product Description USED CONSTRUCTION EQUIPMENT
Financed Amount USD 265,284
Repayment Term 3 YEARS
Loan Committee Decision APPROVED
MEETING OF BOARD OF DIRECTORS