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Summary of the Meeting of the Credit Committee

Friday, December 7, 2001
 
Completed

CERTIFICATION FOR CLOSURE OF MEETING

[To be provided]

Date Posted: Monday, April 21, 2003

SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE
DECEMBER 7, 2001

ITEM NO 3
Country GHANA AP077872XX
Request for FINAL COMMITMENT

Applicant ALLFIRST BANK, BALTIMORE MD
Borrower SET SQUARES LIMITED, ACCRA GHANA
Guarantor AMPOFO, STEVE K., ACCRA GHANA
Guarantor KATEI, GEORGE, HOUSTON TX
Buyer SET SQUARES LIMITED, ACCRA GHANA
End-user SET SQUARES LIMITED, ACCRA GHANA
Exporter BEDFORD INTERNATIONAL SERVICES, ABERDEEN MD
Supplier SCHWARZE INDUSTRIES INC, HUNTSVILLE AL
Gteed Lender ALLFIRST BANK, BALTIMORE MD

Project Description HEAVY EQUIPMENT RENTAL & SERVICE
Product Description MECHANIZED STREET SWEEPERS
Financed Amount USD 870,142
Repayment Term 3 YEARS
Credit Committee Decision APPROVED>

MEETING OF CREDIT COMMITTEE