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Summary of the Meeting of the Credit Committee

Thursday, March 4, 2004
 
Completed

CERTIFICATION FOR CLOSURE OF MEETING

[To be provided]

Date Posted: Friday, March 12, 2004

EXPORT-IMPORT BANK OF THE UNITED STATES

SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE

MARCH 4, 2004

Item No. 1

Country: Turkey - Policy No. MSM-258301

Request for: Policy/New

Policy Type: Single Sale/Multiple Shipments

Coverage Type/Term: Comprehensive/MT

Insured:Manufacturers & Traders Trust Co., Baltimore, MD

Buyer:Basin Yatirim Sanayi ve Ticaret, A.S., Istanbul, Turkey

End-User:Basin Yatirim Sanayi ve Ticaret, A.S., Istanbul, Turkey

Guarantors:Cukurova Holding, Istanbul, Turkey

Asli Gazetecilik ve Matbaacilik A.S., Istanbul, Turkey

Mr. Mehmet Emin Karamehmet, Istanbul, Turkey

Exporter:Tensor Group, Woodridge, IL 60517-4930

Supplier: Tensor Group, Woodridge, IL 60517-4930

Broker: International Risk Consultants, Columbus, OH

Product/Use: Printing press and associated equipment

Credit Committee Decision: Denied

Item No. 2

Country: Colombia - Policy No. MTA-260950

Request for: Policy/New

Policy Type: Single Sale/Single Shipment

Coverage Type/Term: Comprehensive/MT

Insured: Citibank, N.A.

Buyer/Obligor: Plasticos Especiales S.A., Cali, Colombia

End-User: Plasticos Especiales S.A., Cali, Colombia

Guarantor: Comestibles Aldor S.A., Cali, Colombia

Exporter: Battenfeld Glouscester Engineering Co. Inc., MA 01931-0960

Supplier: Battenfeld Glouscester Engineering Co. Inc., MA 01931-0960

Broker: J. A. Lorenzo & Company, NY 10038-3804

Product/Use:Cast line for production of polypropylene firm

Ex-Im Bank Liability (Millions): $1 - $5

Credit Committee Decision: Approved

Item No. 3

Country: Mexico - Policy No. MTA-262204

Request for: Policy/New

Policy Type: Single Sale/Single Shipment

Coverage Type/Term: Comprehensive/MT

Insured: Toronto-Dominion Bank, Houston, TX

Buyer/Obligor: Industrias Gel Mex, S.A. de C.V., San Nicholas de Garza, N.L., Mexico

End-User: Industrias Gel Mex, S.A. de C.V., San Nicholas de Garza, N.L., Mexico

Guarantor: Roberto Sergio Fernandez Cavazos, San Nicholas de Garaz, N.L., Mexico

Exporter: San Antonio Trade Group, San Antonio, TX 78212-3421

Supplier: Nueces Farm Center Inc., Corpus Christi, TX 78409-2806

Broker: Penn International Insurance, San Antonio, TX

Product/Use: New construction equipment/Kobelco excavators, Case dozers, forklifts & graders

Ex-Im Bank Liability (Millions): $1 - $5

Credit Committee Decision: Approved

Item No. 4

Country: Guatemala - Policy No. MTR-261842

Request for: Policy/New

Policy Type: Repetitive Sales

Coverage Type/Term: Comprehensive/MT

Insured: Manufacturers & Traders Trust

Buyer/Obligor: Concepcion S.A., Guatemala City, Guatemala

End-User: Same

Guarantor: None

Exporter: Offshore Traders, Inc., Miami, FL 33155-5526

Inter-American Transport Equipment Company, Miami, FL 33147-3540

and various other exporters

Supplier: None

Broker: International Risk Consultants

Product/Use: Sugar cane harvesting, transportation and processing equipment

Ex-Im Bank Liability (Millions): $1 - $5

Credit Committee Decision: Approved

ITEM NO 5

Country PHILIPPINESAP080390XX

Request for FINAL COMMITMENT

Applicant TORONTO-DOMINION BANK, HOUSTON TX

Borrower GRAND C GRAPHICS, INC., CALOOCAN CITY PHILIPPINES

Guarantor CHING, DEBORAH S., METRO MANILA PHILIPPINES

Guarantor DELA CRUZ, GLORIA C., METRO MANILA PHILIPPINES

Guarantor ADDITIONAL GUARANTORS

Buyer GRAND C GRAPHICS, INC., CALOOCAN CITY PHILIPPINES

End-user GRAND C GRAPHICS, INC., CALOOCAN CITY PHILIPPINES

Exporter V & C TRADING AND SONG CO, WHITTIER CA

Supplier COUNT NUMBERING MACHINE, ESCONDIDO CA

Supplier YALE INDUSTRIAL TRUCKS OF SOUTHERN CA, WHITTIER CA

Supplier ADDITIONAL SUPPLIERS

Gteed Lender TORONTO-DOMINION BANK, HOUSTON TX

Project Description PRINTING EQUIPMENT TO EXP & UPGRADE BUS

Product Description PRINTING EQUIPMENT & RELATED ITEMS

Financed Amount $ 3,047,966

Repayment Term 5 YEARS

Credit Committee Decision APPROVED

ITEM NO 6

Country BAHRAIN AP080361XX

Request for FINAL COMMITMENT

Applicant RBC CENTURA BANK, CHARLOTTE NC

Borrower MANAMA TEXTILE MILLS, ASKAR 951 BAHRAIN

Guarantor NISHAT AMINA, INDUSTRIAL AREA, SITRA BAHRAIN

Buyer MANAMA TEXTILE MILLS, ASKAR 951 BAHRAIN

End-user MANAMA TEXTILE MILLS, ASKAR 951 BAHRAIN

Exporter MC COY-ELLISON INC, MONROE NC

Exporter MORRISON TEXTILE MACHINERY CO, FORT LAWN SC

Supplier MC COY-ELLISON INC, MONROE NC

Supplier MORRISON TEXTILE MACHINERY CO, FORT LAWN SC

Gteed Lender RBC CENTURA, ROCKY MOUNT NC

Project Description TEXTILE MACHINERY

Product Description TEXTILE MACHINERY MANUFACTURING

Financed Amount $ 3,371,002

Repayment Term 5 YEARS

Credit Committee Decision APPROVED

Item No. 7

Country: Mexico - Policy No. ENB 231100

Request for: Renewal of Special Buyer Credit Limit

Applicant: Petrotek EPC Co.

Buyer: Pemex Exploracion y Produccion

Guarantor(s): None

Product: Two projects: Dos Bocas and Maintenance

Ex-Im Bank Liability (Millions): $0 - $1

Credit Committee Decision: Approved

Item No. 8

Country: Mexico Policy No.: ENB-260877

Request for: Special Buyer Credit Limit

Applicant: G & W Systems Consulting

Buyer: Pemex Exploracion y Produccion

Guarantor(s): None

Product: Technical consulting services

Ex-Im Bank Liability (Millions): $0 - $1

Credit Committee Decision: Approved