Summary of the Meeting of the Credit Committee
Wednesday, April 9, 2003CERTIFICATION FOR CLOSURE OF MEETING
[To be provided]
EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE
APRIL 9, 2003
ITEM NO 1
Country NIGERIA - POLICY NO. MSM-246876
Request for: POLICY (NEW)
Policy Type: SINGLE SALE/MULTIPLE SHIPMENTS
Coverage Type/Term: COMPREHENSIVE/MT
Insured: M&T BANK N.A., BALTIMORE, MD 21201-3330
Buyer: LEADING EDGE LTD., LAGOS, NIGERIA
End-User: LEADING EDGE LTD., LAGOS, NIGERIA
Guarantor: UNIVERSAL TRUST BANK OF NIGERIA PLC, LAGOS, NIGERIA
Exporter: COMMUNICATION PRODUCTION DEVELOPMENT, INC., VANCOUVER, WA 98661-3078
Supplier(s): TESSCO TECHNOLOGIES INC., HUNT VALLEY, MD 21031-1404
COMMUNICATION PRODUCTION DEVELOPMENT, INC, VANCOUVER, WA 98661-3078
Broker: NONE
Products:VARIOUS TYPES OF TELECOMMUNICATIONS EQUIPMENT AND SOFTWARE
Ex-Im Bank Liability (Millions): $0 - $1
Credit Committee Decision APPROVED
ITEM NO 2
Country INDIA AP079283XX
Request for FINAL COMMITMENT
Applicant FIRST INTERNATIONAL BANK NA, HARTFORD CT
Borrower HELIOS & MATHESON INFORMATION TECH LTD, CHENNAI, TAMIL NADU INDIA
Guarantor RAMACHANDIRAN, VENKATRATNAM, CHENNAI 600 017 INDIA
Guarantor MURALIKRISHNA, GADIYARAM, CHENNAI 600 017 INDIA
Buyer HELIOS & MATHESON INFORMATION TECH LTD, CHENNAI, TAMIL NADU INDIA
End-user HELIOS & MATHESON INFORMATION TECH LTD, CHENNAI, TAMIL NADU INDIA
Exporter IMPORTERS SOFTWARE SERVICES INC., HUNTINGTON BEACH CA
Supplier IMPORTERS SOFTWARE SERVICES INC., HUNTINGTON BEACH CA
Gteed Lender FIRST INTERNATIONAL BANK NA, HARTFORD CT
Project Description SOFTWARE FOR INTERNATIONAL TRADE
Product Description SOFTWARE & SOURCE CODE
Financed Amount $ 2,104,056
Repayment Term 5 YEARS
Credit Committee Decision APPROVED