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Summary of the Meeting of the Credit Committee

Tuesday, December 8, 1998
 
Completed

CERTIFICATION FOR CLOSURE OF MEETING

[To be provided]

Date Posted: Monday, April 21, 2003

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE
DECEMBER 8, 1998

Item No. 3
Country: Ecuador Policy No.: MTA-195768
Request for: Insurance Commitment (New)
Policy Type: Single Sale/Single Shipment
Coverage Type/Term: Comprehensive/MT
Insured: First Union National Bank, Philadelphia, PA
Buyer/Obligor: Banco del Progreso, S.A., Guayaquil, Ecuador
Guarantor N/A
End-User: TECNAC Compania Tecnica Nacional, S.A., Guayaquil, Ecuador
Exporter: MD Moody & Sons, Inc., Coral Springs, FL
Supplier: Manitowoc Inc., Manitowoc, WI (through an office in Florida)
Product: One (1) used Bucyrus Erie 60-ton crane.
Ex-Im Bank Liability (Millions): USD0 - USD1
Credit Committee Decision: APPROVED

ITEM NO 4
Country GREECE AP073156XX
Request for FINAL COMMITMENT
Applicant COMMERZBANK AG, NEW YORK NY
Borrower CHIMAR HELLAS S.A., THSSALONIKI 55131 GREECE
Guarantor WOODCHEM CANADA LTD., SAINT JOHN, NEW BRUNSWICK CANADA
Guarantor ACM WOOD CHEMICALS, PLC, WEST DRAYTON, MIDDLESEX UNITED KINGDOM
Guarantor ADDITIONAL GUARANTORS
Buyer CHIMAR HELLAS S.A., THSSALONIKI 55131 GREECE
End-user CHIMAR HELLAS S.A., THSSALONIKI 55131 GREECE
Exporter LEWIS MECHANICAL & METALWORKS, POCATELLO ID
Exporter CAL POLYMERS INC, POCATELLO ID
Supplier LEWIS MECHANICAL & METALWORKS, POCATELLO ID
Supplier CAL POLYMERS INC, POCATELLO ID
Gteed Lender COMMERZBANK AG, NEW YORK NY
Project Description MANUFACTURES RESINS FOR WOOD PRODUCTS
Product Description UREA FORMALDEHYDE CONCENTRATE PLANT
Financed Amount USD4,632,750
Repayment Term 5 YEARS
Credit Committee Decision APPROVED

MEETING OF CREDIT COMMITTEE