Summary of the Meeting of the Credit Committee
Tuesday, November 18, 2003CERTIFICATION FOR CLOSURE OF MEETING
[To be provided]
EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE
NOVEMBER 18, 2003
ITEM NO 1
Country PHILIPPINES AP079918XX
Request for FINAL COMMITMENT
Applicant TORONTO-DOMINION BANK, HOUSTON TX
Borrower GOLDLAND PHILIPPINES CORP., PASIG CITY, MANILA PHILIPPINES
Guarantor PHILIPPINE BASKETS CORP., TAGUIG, METRO MANILA PHILIPPINES
Guarantor CEBU HOTEL PROPERTIES INC., LAPU-LAPU CITY, CEBU PHILIPPINES
Guarantor ADDITIONAL GUARANTORS
Buyer GOLDLAND PHILIPPINES CORP., PASIG CITY, MANILA PHILIPPINES
End-user GOLDLAND PHILIPPINES CORP., PASIG CITY, MANILA PHILIPPINES
Exporter CATERPILLAR INC, PEORIA IL
Exporter WEIR FLOWAY, INC., FRESNO CA
Exporter ADDITIONAL EXPORTERS
Supplier CATERPILLAR INC, PEORIA IL
Supplier WEIR FLOWAY, INC., FRESNO CA
Supplier ADDITIONAL SUPPLIERS
Gteed Lender TORONTO-DOMINION BANK, HOUSTON TX
Project Description TO BUILD & DEVELOP A HILTON CEBU RESORT
Product Description BUILDING MATERIALS AND EQUIPMENT
Financed Amount $ 1,077,067
Repayment Term 5 YEARS
Credit Committee Decision APPROVED
Item No. 2
Country: Mexico - Policy No. MTA-258806
Request for: Commitment (New)
Policy Type: Single Sale/Single Shipment
Coverage Type/Term: Comprehensive/MT
Insured: The Toronto-Dominion Bank
Buyer/Obligor: Grupo Galax S.A. de C.V., Monterrey, Mexico
End-User: Same
Guarantor: Mr. Melchor Montoya Sandoval
Exporter: San Antonio Trade Group
Supplier: Case Corporation Equipment/CNH Global NV
Supplier: BR Lee Industries/Kirby-Smith
Broker: Penn International Insurance
Product: Construction and earthmoving equipment
Ex-Im Bank Liability (Millions): $1 - $5
Credit Commmittee Decision: APPROVED
Item No. 3
Country: Cameroon Policy No.: MSM-257790
Request For: Policy (New)
Policy Type: Single Sale/Multiple Shipments
Coverage Type/Term: Comprehensive/MT
Insured: Nationwide Equipment Company, Jacksonville, FL 32219-1714
Buyer/Obligor: Soc Forestiere Et Industrielle Du Moungo SARL (SFIM), Douala, Cameroon
Guarantors: Mr. Jean Kouamou, Douala, Cameroon
End-User: Same as buyer
Exporter:Same as the insured
Suppliers:Southwest Bank, Houston, TX
Meyrat Financial Services, Dallas, TX
Broker: Meyrat Financial Services, Dallas, TX
Product/Use: Used construction equipment for use in the buyer's operations.
Ex-Im Bank Liability (Millions): $1 - $5
Credit Committee Decision: APPROVED