Summary of the Meeting of the Credit Committee
Tuesday, March 30, 2004CERTIFICATION FOR CLOSURE OF MEETING
[To be provided]
EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE
MARCH 30, 2004
Item No. 1
Country: Ghana - Policy No.:MTA-261255
Request For: Commitment
Policy Type: Single Sale/Single Shipment
Coverage Type/Term: Comprehensive/MT
Insured:Sovereign Bank, Iselin, NJ 08830-2703
Buyer:Tatop Company Limited, Accra, Ghana
Guarantors:Kawaku Tabiri, Accra, Ghana
Vivian Tabiri, Accra Ghana
Yaw Tabiri, Accra, Ghana
End-User: Tatop Company Limited, Accra, Ghana
Exporter: Besser Company, Alpena, MI 49707-1870
Supplier: Besser Company, Alpena, MI 49707-1870
Broker: Export Risk Management
Product/Use: New and used concrete automated plant and fork lift
Ex-Im Bank Liability (Millions): $0 - $1
Credit Committee Decision: APPROVED
ITEM NO 2
Country PHILIPPINES AP080433XX
Request for FINAL COMMITMENT
Applicant TORONTO-DOMINION BANK, HOUSTON TX
Borrower KAPATIRAN APPAREL, INC., PASIG CITY PHILIPPINES
Guarantor FAITH APPAREL, INC., PASIG CITY PHILIPPINES
Guarantor UY, PHILIP TAN, SAN JUAN, METRO MANILA PHILIPPINES
Guarantor UY, SOHAN LOA, SAN JUAN, METRO MANILA PHILIPPINES
Buyer KAPATIRAN APPAREL, INC., PASIG CITY PHILIPPINES
End-user KAPATIRAN APPAREL, INC., PASIG CITY PHILIPPINES
Exporter V & C TRADING AND SONG CO, WHITTIER CA
Supplier JOHN HARB SEWING MACHINE CO INC., LOS ANGELES CA
Supplier MUSTANG ENTERPRISES, LTD. SAN ANTONIO TX
Supplier ADDITIONAL SUPPLIERS
Gteed Lender TORONTO-DOMINION BANK, HOUSTON TX
Project Name NONE
Project Description VARIOUS GARMENT MANUFACTURING EQUIP
Product Description TEXTILE AND FINISHING MILLS
Financed Amount $ 690,136
Repayment Term 5 YEARS
Credit Committee Decision APPROVED