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Summary of the Meeting of the Credit Committee

Thursday, April 22, 1999
 
Completed

CERTIFICATION FOR CLOSURE OF MEETING

[To be provided]

Date Posted: Monday, April 21, 2003

SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE
APRIL 22, 1999

ITEM NO 5
Country MEXICO AP074600XX
Request for FINAL COMMITMENT

Applicant FIRST INTERNATIONAL BANK, N.A., HARTFORD CT
Borrower RECYCLE, S.A. DE C.V., COL. SAN NICOLAS TOLENTINO, 09850 MEXICO
Guarantor RECICLABLES DE PAPEL Y CARTON, S.A., DELG. IZTAPALAPA 09030 MEXICO
Guarantor INMOBILIARIA HEFA, S.A. DE C.V., COL. CAMPESTRE CHURUBUSCO 04200 MEXICO
Guarantor ADDITIONAL GUARANTORS
Buyer RECYCLE, S.A. DE C.V., COL. SAN NICOLAS TOLENTINO, 09850 MEXICO
End-user RECYCLE, S.A. DE C.V., COL. SAN NICOLAS TOLENTINO, 09850 MEXICO
Exporter GOETTSCH INTERNATIONAL INC, CINCINNATI OH
Exporter MELROE INTERNATIONAL, GWINNER ND
Supplier MELROE INTERNATIONAL, GWINNER ND
Supplier AMERICAN BALER COMPANY THE*, BELLEVUE OH
Supplier ADDITIONAL SUPPLIERS
Gteed Lender FIRST INTERNATIONAL BANK, N.A., HARTFORD CT
Project Description PAPER & CARDBOARD RECYCLING
Product Description LOADERS
Financed Amount USD454,697
Repayment Term 5 YEARS
Credit Committee Decision APPROVED

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MEETING OF CREDIT COMMITTEE