Summary of the Meeting of the Credit Committee
Friday, October 24, 2003CERTIFICATION FOR CLOSURE OF MEETING
[To be provided]
OCTOBER 24, 2003
Item No. 1
Dominican Republic MSM-E-232520
Request for: Insurance Policy Amendment, Co-financing
Single Sale/Multiple Shipments
Comprehensive/MT
Fortis Financial Services LLC, New York, NY
Corporacion de Electricidad, Santo Domingo, Dominican Republic
Corporacion de Electricidad, Santo Domingo, Dominican Republic
Sovereign guarantee of the Dominican Republic, through the Secreteriado Tecnico
de la Presidencia, Santo Domingo, Dominican Republic
None
Dessau-Soprin International, Laval, Quebec, Canada
VA Tech Voest MCE Corporation, Salisbury, NC
and others to be determined
EIA Global Inc.
Equipment and engineering services for construction of three
mini-hydroelectric plants
Credit Committee Decision: Denied amendment.
Item No. 2
Dominican Republic MTA-252775
Commitment (new)
Single Sale/Single Shipment
Comprehensive/MT
Oracle Credit Corporation, Redwood Shores, CA 94123
Bancredito, S.A., Santo Domingo, Dominican Republic
Bancredito, S.A., Santo Domingo, Dominican Republic
None
Oracle Caribbean, Inc., San Juan, PR 00921
Same
EIA Global Inc.
Oracle software for database and applications, plus related maintenance
Credit Committee Decision: Denied
Item No. 3
Mexico MSM-256867
Policy (new)
Single Sale/Multiple Shipments
Comprehensive/MT
Frost National Bank, Antonio, TX
Bodega de Productos Internacionales, S.A. de C.V., Monterrey, Mexico
Bodega de Productos Internacionales, S.A. de C.V., Monterrey, Mexico
Raymundo Cantu Montemayor
Arnold Refrigeration, Inc., San Antonio, TX 78202-1103
Outokumpu Heatcraft USA, LLC, Grenada, MS 38901-0948
Penn International Insurance
Refrigeration equipment
$1 - $5
Credit Committee Decision: Approved
ITEM NO 4
Country PHILIPPINES AP079952XX
Request for FINAL COMMITMENT
Applicant TORONTO-DOMINION BANK, HOUSTON TX
Borrower VITANGCOL, J. CONSTRUCTION CO., MANILA 1006 PHILIPPINES
Guarantor VITANGCOL, NORBERTO A. & ALICE E., PARANAQUE CITY, METRO MANILA PHILIPPINES
Buyer VITANGCOL, J. CONSTRUCTION CO., MANILA 1006 PHILIPPINES
End-user VITANGCOL, J. CONSTRUCTION CO., MANILA 1006 PHILIPPINES
Exporter PBJ VENTURE INTERNATIONAL CORPORATION, SAN MATEO CA
Supplier PBJ VENTURE INTERNATIONAL CORPORATION, SAN MATEO CA
Gteed Lender TORONTO-DOMINION BANK, HOUSTON TX
Project Description EARTH MOVING AND CONSTRUCTION EQUIPMENT
Product Description USED CONSTRUCTION EQUIPMENT
Financed Amount $ 5,315,000
Repayment Term 5 YEARS
Credit Committee Decision APPROVED
Item No. 5
Mexico MTA-255174
Commitment (new)
Single Sale/Single Shipment
Comprehensive/MT
RZB Finance LLC, New York, NY 10036-6710
Cavazos Mercado Construcciones S.A. de C.V., San Luis Potosi, Mexico
Cavazos Mercado Construcciones S.A. de C.V., San Luis Potosi, Mexico
Joaquin Cavazos Mercado, San Luis Potosi, Mexico
San Antonio Trade Group, San Antonio, TX 78212-3421
RZB Finance LLC, New York, NY 10036-6710
San Antonio Trade Group, San Antonio, TX 78212-3421
Penn International Insurance, San Antonio, TX 78212-3446
Used equipment for construction and civil engineering operations
$1 - $5
Credit Committee Decision: Approved