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Summary of the Meeting of the Credit Committee

Tuesday, February 27, 2001
 
Completed

CERTIFICATION FOR CLOSURE OF MEETING

[To be provided]

Date Posted: Monday, April 21, 2003

SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE
FEBRUARY 27, 2001

ITEM NO 1
Country COSTA RICA AP076862XX
Request for FINAL COMMITMENT
Applicant ALLFIRST BANK, BALTIMORE MD
Borrower ASFALTOS MECO, S.A., CARTAGO COSTA RICA
Guarantor CONSTRUCTORA MECO, S.A., CARTAGO COSTA RICA
Guarantor CERDAS ARAYA, CARLOS ENRIQUE, SANTA ANA, SAN JOSE COSTA RICA
Buyer ASFALTOS MECO, S.A., CARTAGO COSTA RICA
End-user ASFALTOS MECO, S.A., CARTAGO COSTA RICA
Exporter ASTEC INDUSTRIES INC, CHATTANOOGA TN
Supplier ASTEC INDUSTRIES INC, CHATTANOOGA TN
Gteed Lender ALLFIRST BANK, BALTIMORE MD
Project Description ROAD CONSTRUCTION
Product Description ASPHALT PLANT EQUIPMENT
Financed Amount USD1,042,871
Repayment Term 5 YEARS
Credit Committee Decision APPROVED

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MEETING OF CREDIT COMMITTEE