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Summary of the Meeting of the Credit Committee

Friday, May 2, 2003
 
Completed

CERTIFICATION FOR CLOSURE OF MEETING

[To be provided]

Date Posted: Friday, May 9, 2003

EXPORT-IMPORT BANK OF THE UNITED STATES

SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE

MAY 2, 2003

ITEM NO 1

Country NIGERIA AP079536XX

Request for FINAL COMMITMENT

Applicant ALLFIRST BANK, A DIVISION OF M&T BANK, BALTIMORE MD

Borrower EKILI INVESTMENTS LIMITED, LAGOS, LAGOS STATE NIGERIA

Guarantor ARIZE, CHIKE, LAGOS, LAGOS STATE NIGERIA

Guarantor ARIZE, EMEKA, LAGOS, LAGOS STATE NIGERIA

Guarantor BROAD BANK OF NIGERIA LTD., LAGOS, NIGERIA

Buyer EKILI INVESTMENTS LIMITED, LAGOS, LAGOS STATE NIGERIA

End-user EKILI INVESTMENTS LIMITED, LAGOS, LAGOS STATE NIGERIA

Exporter MACK TRUCKS INC, ALLENTOWN PA

Supplier MACK TRUCKS INC, ALLENTOWN PA

Gteed Lender ALLFIRST BANK, A DIVISION OF M&T BANK, BALTIMORE MD

Project Name NEW MACK TRUCKS

Project Description TRANSPORT AND HAULAGE SERVICES

Product Description NEW MACK TRUCKS

Financed Amount USD 934,479

Repayment Term 5 YEARS

Credit Committee Decision APPROVED