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Summary of the Meeting of the Credit Committee

Friday, January 10, 2003
 
Completed

CERTIFICATION FOR CLOSURE OF MEETING

[To be provided]

Date Posted: Monday, April 21, 2003

SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE
JANUARY 10, 2003

Item No. 1
Country: Trinidad & Tobago Policy No.: MSM-246371
Request for: Policy (New)
Policy Type: Single Sale/Multiple Shipments
Coverage Type/Term: Comprehensive/MT
Insured: Wachovia Bank, N.A., Philadelphia, PA 19107-3519
Borrower: RBTT Merchant Bank Limited, Port of Spain, Trinidad & Tobago
Guarantor: None
End-User: Belize Electricity Limited, Belize City, Belize
Exporters/Suppliers: GE Packaged Power, Inc., Houston, TX 77008-1051
Electric Supply of Tampa, Inc.*, Tampa, FL 33614-7626
and additional exporters/suppliers
Broker: Export Insurance Agency, Walpole, MA
Products/Use: Installation of new gas turbines and power generators/transformers
and accessories for expansion and modernization of the
end-user's existing facilities.
Ex-Im Bank Liability (Millions): USD5 - USD20
Credit Committee Decision: APPROVED

Item No. 2
Country: Mexico Policy No.: MTR-245159
Request for: Policy (New)
Policy Type: Repetitive Sales
Coverage Type/Term: Comprehensive/MT
Insured: The Toronto Dominion Bank, Miami, FL 77010
Buyer/Obligor: Arrendadora Banorte, S.A. de C.V., Monterrey, Nuevo Leon, Mexico
Guarantors: Grupo Financiero Banorte, S.A. de C.V.
End-User: Commercial lessees
Exporter: Various.
Supplier: Various.
Broker: EIA Global, Walpole, MA
Product/Use: Various
Ex-Im Bank Liability (Millions):USD5 - USD20
Credit Committee Decision: APPROVED

Item No. 3
Country: Mexico Policy No.: MTR-244681
Request for: Policy (New)
Policy Type: Repetitive Sales
Coverage Type/Term: Comprehensive/MT
Insured: PNC Bank, Pittsburgh, PA 15265
Buyer/Obligor: Cristapuro, S.A. de C.V., Ensenada, North Baja California, Mexico
Guarantors: Eduardo Javier Covarrubias Manrique
End-User: Buyer/Obligor
Exporters/
Suppliers: Paccar, Inc., Bellevue, WA 98004-5001
Volvo Trucks North America, Inc., Greensboro, NC 27409-6115
and additional exporters/suppliers
Broker: EIA Global, Walpole, MA
Product/Use: Various machinery, refrigerated and non-refrigerated water
trucks, and ice containers.
Ex-Im Bank Liability (Millions): USD1 - USD5
Credit Committee Decision: APPROVED