Summary of the Meeting of the Credit Committee
Friday, August 22, 2003CERTIFICATION FOR CLOSURE OF MEETING
[To be provided]
EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE
AUGUST 22, 2003
ITEM NO 1
Country GHANA AP079759XX
Request for FINAL COMMITMENT
Applicant UNITED BANK FOR AFRICA LTD, NEW YORK NY
Borrower AKYEM BUILDERS SUPPLIERS LTD., ACCRA GHANA
Guarantor SETH YEBOAH, ACCRA GHANA
Guarantor KWAME DARKO, ACCRA GHANA
Buyer AKYEM BUILDERS SUPPLIERS LTD., ACCRA GHANA
End-user AKYEM BUILDERS SUPPLIERS LTD., ACCRA GHANA
Exporter UNITED BANK FOR AFRICA LTD, NEW YORK NY
Exporter NATIONWIDE EQUIPMENT COMPANY, JACKSONVILLE FL
Exporter TRADE SOURCE INTERNATIONAL, PASADENA CA
Supplier UNITED BANK FOR AFRICA LTD, NEW YORK NY
Supplier NATIONWIDE EQUIPMENT COMPANY, JACKSONVILLE FL
Supplier TRADE SOURCE INTERNATIONAL, PASADENA CA
Gteed Lender UNITED BANK FOR AFRICA LTD, NEW YORK NY
Project Description BUILDING CONTRACTORS
Product Description USED CONSTRUCTION EQUIPMENT
Financed Amount $ 1,641,479
Repayment Term 2.2 YEARS
Credit Committee Decision APPROVED
ITEM NO 2
Country GHANA AP079708XX
Request for FINAL COMMITMENT
Applicant UNITED BANK FOR AFRICA LTD, NEW YORK NY
Borrower MAXMINA CONSTRUCTION LTD., ACCRA GHANA
Guarantor MAXWELL APPIAH NTOW, ACCRA GHANA
Buyer MAXMINA CONSTRUCTION LTD., ACCRA GHANA
End-user MAXMINA CONSTRUCTION LTD., ACCRA GHANA
Exporter UNITED BANK FOR AFRICA LTD, NEW YORK NY
Exporter NATIONWIDE EQUIPMENT COMPANY, JACKSONVILLE FL
Exporter TRADE SOURCE INTERNATIONAL, PASADENA CA
Supplier UNITED BANK FOR AFRICA LTD, NEW YORK NY
Supplier NATIONWIDE EQUIPMENT COMPANY, JACKSONVILLE FL
Supplier TRADE SOURCE INTERNATIONAL, PASADENA CA
Gteed Lender UNITED BANK FOR AFRICA LTD, NEW YORK NY
Project Description CONSTRUCTION
Product Description USED CONSTRUCTION EQUIPMENT
Financed Amount $ 1,674,085
Repayment Term 2.2 YEARS
Credit Committee Decision APPROVED
ITEM NO 3
Country PHILIPPINES AP079789XX
Request for FINAL COMMITMENT
Applicant TORONTO-DOMINION BANK, HOUSTON TX
Borrower SEMICONDUCTOR & ELEC MATERIALS & EQUIP, MUNTINLUPA CITY PHILIPPINES
Guarantor INTL SEMICONDUCTOR TECHNOLOGY, INC., ALABANG, MUNTINLUPA CITY
PHILIPPINES
Guarantor PHILIPPINE SEMICONDUCTOR TRADING, INC, ALABANG, MUNTINLUPA CITY
PHILIPPINES
Buyer SEMICONDUCTOR & ELEC MATERIALS & EQUIP, MUNTINLUPA CITY PHILIPPINES
End-user SEMICONDUCTOR & ELEC MATERIALS & EQUIP, MUNTINLUPA CITY PHILIPPINES
Exporter PAE ENVIRONMENTAL CO., REDONDO BEACH CA
Supplier THERMAL EQUIPMENT CORPORATION, TORRANCE CA
Gteed Lender TORONTO-DOMINION BANK, HOUSTON TX
Project Description WASTE MANAGEMENT FACILITY
Product Description WASTE MANAGEMENT/DISPOSAL EQUIPMENT
Financed Amount $ 1,370,295
Repayment Term 5 YEARS
Credit Committee Decision APPROVED
ITEM NO 4
Country: UNITED ARAB EMIRATES Policy No. MTA-250522
Request for: Insurance Commitment
Policy Type: Single Sale, Single Shipment
Coverage Type/Term: Comprehensive/MT
Insured:SouthWest Bank of Texas, Houston, TX 77027-7001
Buyer: Superior Oilfield Services LLC, Abu Dhabi, United Arab Emirates
Guarantor:Superior Oilfield Services LTD, Abu Dhabi, United Arab Emirates
Yousuf Al Nowais, Kama Safa, and Elyas Selhoum
End-User:Superior Oilfield Services LLC, Abu Dhabi, United Arab Emirates
Exporter:Hydraulic Power Technologies Texas, Inc., Buda, TX 78610-9711
Supplier:Hydraulic Power Technologies Texas, Inc., Buda, TX 78610-9711
Broker:Structured Trade Services, LLC, Houston, TX
Product/Use: Trailer mounted twin cement pumping unit
Ex-Im Bank Liablity (Millions): $0 - $1
Credit Committee Decision APPROVED