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Summary of the Meeting of the Credit Committee

Tuesday, February 9, 1999
 
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
FEBRUARY 9, 1999

ITEM NO 1
Country GHANA AP074492XX
Request for FINAL COMMITMENT
Applicant MIDLAND BANK PLC, LONDON EC4V 3BJ UNITED KINGDOM
Borrower GHANA COMMERCIAL BANK, ACCRA, GHANA
Guarantor NONE
Buyer REGIMANUEL GRAY LIMITED, ACCRA-NORTH GHANA
End-user REGIMANUEL GRAY LIMITED, ACCRA-NORTH GHANA
Exporter BESSER COMPANY, ALPENA MI
Supplier BESSER COMPANY, ALPENA MI
Gteed Lender H S B C MARKETS INC, NEW YORK NY
Project Description CONCRETE PRODUCTION AND CONSTRUCTION
Product Description BESCOPAC MANUAL OFFBEARING EQUIPMENT
Financed Amount USD 597,991
Repayment Term 5 YEARS
Credit Committee Decision APPROVED

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
FEBRUARY 10, 1999

ITEM NO 1
WORKING CAPITAL GUARANTEE CLAIM #63
Claimant/Lender: BARCLAYS BANK
Borrower: LANCASTER STEEL CO., INC., FLORIDA
Foreign Buyer: Distral, S.A., COLOMBIA
Board Decision: APPROVED ACTION OF NO CLAIM PAYMENT

ITEM NO 2
Country GHANA AP071627XX
Request for FINAL COMMITMENT
Also Request for EX-IM BANK APPROVAL OF PEFCO PARTICIPATION
IN THE PROPOSED FINANCING

Applicant BANK OF AMERICA, CHICAGO IL
Borrower MINST OF WORKS & HOUSING, ACCRA GHANA
Guarantor MINST OF FINANCE, ACCRA GHANA
Buyer MINST OF WORKS & HOUSING, ACCRA GHANA
End-user MINST OF WORKS & HOUSING, ACCRA GHANA
Exporter GREAT LKES DRDGE DOCK CORP DEL, OAK BROOK IL
Supplier GREAT LKES DRDGE DOCK CORP DEL, OAK BROOK IL
Supplier BAIRD INC, MADISON NY
Supplier ADDITIONAL SUPPLIERS
Gteed Lender PRIVATE EXPORT FUNDING CORP. (PEFCO), NEW YORK NY
Project Name KETA SEA DEFENSE PROJECT
Project Description SEA WALL CONSTRUCTION
Product Description CONSTRUCTION SERVICES
Financed Amount USD93,867,006
Repayment Term 10 YEARS
Board Decision APPROVED -
ALSO APPROVED PEFCO PARTICIPATION

ITEM NO 3
Country MEXICO
Request for DELEGATED AUTHORITY
Obligor ALTOS HORNOS DE MEXICO, S.A. DE C.V.
Board Decision APPROVED

MEETING OF CREDIT COMMITTEE