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Summary of the Meeting of the Credit Committee

Friday, March 7, 2003
 
Completed

CERTIFICATION FOR CLOSURE OF MEETING

[To be provided]

Date Posted: Wednesday, April 30, 2003

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE
MARCH 7, 2003
Item No. 1
Country: Mexico Policy No.: MTA-247775
Request for: Policy (New)
Policy Type: Single Sale/Single Shipment
Coverage Type/Term: Comprehensive/MT
Insured: PNC Bank NA, Pittsburgh, PA 15222
Buyer/Obligor: Precision, SA de CV, Lomas Altas, Mexico
Guarantor: Industrias Unidas, SA de CV, Lomas Altas, Mexico
End-User: Precision, SA de CV, Lomas Altas, Mexico
Exporter: International Resources Group, St Louis, MO 63114-5807
Supplier: S&M Machine, Oconto Falls, WI 54154-1003
Broker: Export Insurance Agency, Walpole, MA
Product/Use: Multi-spindle, automatic bar lathe (screw machine) expected to replace four outdated
lathes and produce a higher quality product.
Ex-Im Bank Liability (Millions): USD0 - USD1
Credit Committee Decision: APPROVED
Item No. 2
Country: Mexico Policy No.: MSM-247353
Request for: Policy (New)
Policy Type: Single Sale/Multiple Shipments
Coverage Type/Term: Comprehensive/MT
Insured: Toronto-Dominion Bank, Baltimore, MD 21201
Buyer/Obligor: Fritos Encanto de Monterrey, S.A. de C.V., Monterrey, Mexico
Guarantor: Mr. Alvaro Aguirre Trevino (primary shareholder), Monterrey, Mexico
Exporter: San Antonio Trade Group, San Antonio, TX 78212-3421*
Supplier: JC Ford Company, La Habra, CA 90631-6841*
Broker: IRC, Columbus, OH 43215
Product/Use: Corn chip fryer & control panel, heat exchanger, and associated equipment expected to provide increased efficiency to the borrower's production line and reduced operating expense
Ex-Im Bank Liability (Millions): USD1 - USD5
Credit Committee Decision: APPROVED

ITEM NO 3
Country MALI AP079174XX
Request for FINAL COMMITMENT
Applicant RIGGS BANK N.A., WASHINGTON DC
Borrower MEGASAT S.A., BAMAKO MALI
Guarantor KORREA, ABDRAMANE, BAMAKO MALI
Buyer MEGASAT S.A., BAMAKO MALI
End-user MEGASAT S.A., BAMAKO MALI
Exporter BEDFORD INTERNATIONAL SERVICES, ABERDEEN MD
Supplier WARSUN INTERNATIONAL, TYSONS CORNER VA
Gteed Lender RIGGS BANK N.A., WASHINGTON DC
Project Description TELECOMMUNICATIONS
Product Description SATELLITE COMMUNICATIONS EQUIPMENT
Financed Amount USD 1,911,865
Repayment Term 5 YEARS
Credit Committee Decision APPROVED