Summary of the Meeting of the Credit Committee
Friday, June 25, 2004CERTIFICATION FOR CLOSURE OF MEETING
[To be provided]
EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE
JUNE 25, 2004
Item No. 1
Country: Algeria Policy No.: ENB-268342
Request for: Short-Term Insurance
Policy Type: Multibuyer - ST
Coverage Type/Term: Cash Against Documents
Insured: International Turbine Systems, Inc.
Buyer/Obligor: Sonatrach
End-User: Same
Guarantor: None
Exporter: International Turbine Systems, Inc.
Broker: Risk Protection International
Product: Parts for gas turbine engines
Ex-Im Bank Liability (Millions): $1 - $5
Credit Committee Decision: APPROVED
Item No. 2
Country: Aruba Policy No.: MSM-264648
Request for: Policy (New)
Policy Type: Single Sale/Multiple Shipments
Coverage Type/Term: Comprehensive/MT
Insured: Manufacturers and Traders Trust Company, Baltimore, MD 21201
Buyer/Borrower:Codemsa, N.V. (LLC), Oranjestad, Aruba (Netherlands Antilles)
End-User: Same
Guarantor: J.A.C. Holdings, N.V.
Exporter/Supplier: Impex Associates, Miami, FL 33172-1416
Broker: Export Insurance Services, Inc., Augusta, GA
Product: Heavy-duty kitchen equipment and building materials
Credit Committee Decision: Denied
Item No. 3
Country: India Policy No.: MSM-267591
Request for: Commitment (New)
Policy Type: Single Sale/Multiple Shipments
Coverage Type/Term: Comprehensive/MT
Insured: East-West Bank, Marino, CA
Buyer/Borrower: Tamilnadu Petroproducts Limited, Teynampet, Chennai, India
End-User:Same
PSOR: Same
Guarantor: None
Exporters/
Suppliers: Global EnviroScience Technologies, Long Beach, CA 90755-2309
East-West Bank, San Marino, CA
Broker: Penn International, San Antonio, TX
Product: Sea water desalinization plants
Ex-Im Bank Liability (Millions): $1 - $5
Credit Committee Decision: APPROVED
Item No. 4
Country: India Policy No.: MSM-268565
Request for: Commitment (New)
Policy Type: Single Sale/Multiple Shipments
Coverage Type/Term: Comprehensive/MT
Insured:US Bank National Association, Seattle, WA 98101
Buyer/Borrower:MRI Scans Private Limited, New Delhi, India
End-User: Same
PSOR: Same
Guarantor: Mr. Rajesh Gullah
Exporter/Supplier: GE Healthcare, Waukesha, WI 53188
Broker: EIA-Global, Walpole, MA
Product: MRI CT Scanner
Ex-Im Bank Liability (Millions): $0 - $1
Credit Committee Decision: APPROVED
Item No. 5
Country: Philippines Policy No.: MSM-265454
Request for: Policy (New)
Policy Type: Single Sale/Multiple Shipments
Coverage Type/Term: Comprehensive/MT
Insured: PNC Bank, Pittsburgh, PA 15222-2722
Buyer/Borrower:Asian Pacific Aviation Philippines, Inc., Pampanga, Philippines
End-User: Asian Aerospace Corporation, Pasay City, Philippines
PSOR: Same as buyer
Lessor:Same as buyer
Lessee: Same as end-user
Guarantors:Asian Aerospace Corporation, Pasay City, Philippines
Mr. Tirso M. Uytengsu III, Pampanga, Philippines
Exporter/Supplier: Lockheed Martin Aeronautics Service International,
Bethesda, MD 20817-1836
Broker: Export Insurance Agency, Walpole, MA
Product:Aviation ground support tools and equipment
Credit Committee Decision: Denied
ITEM NO 6
Country KAZAKHSTAN AP080465XX
Request for AMENDMENT OF FINAL COMMITMENT
Applicant DEERE CREDIT INC., MOLINE IL
Borrower ASTANA FINANCE CO., ASTANA 473000 KAZAKHSTAN
Guarantor STANDART LEASING CORP., VICTORIA MAHE SEYCHELLES
Buyer STANDART LEASING CORP., VICTORIA MAHE SEYCHELLES
End-user VARIOUS KAZAKHSTAN BUYERS, UNKNOWN KAZAKHSTAN
Exporter DEERE & COMPANY, MOLINE IL
Supplier DEERE & COMPANY, MOLINE IL
Gteed Lender DEERE CREDIT INC., MOLINE IL
Lessor STANDART LEASING CORP., VICTORIA MAHE SEYCHELLES
Lessee VARIOUS KAZAKHSTAN BUYERS, UNKNOWN KAZAKHSTAN
Project Name None
Project Description None
Product Description AGRICULTURAL EQUIPMENT
Credit Committee Decision APPROVED
ITEM NO 7
Country KAZAKHSTAN AP080570XX
Request for AMENDMENT OF FINAL COMMITMENT
Applicant BANKGESELLSCHAFT BERLIN AG, BERLIN 10178 GERMANY
FED REP
Borrower ASTANA FINANCE CO., ASTANA 473000 KAZAKHSTAN
Guarantor NONE
Buyer STANDART LEASING CORP., VICTORIA MAHE SEYCHELLES
End-user ATAMEKEN-AGRO LLP, ZHAMBILSKY RAYON, NORTH-KAZAKHSTAN
End-user KAT-ZHAMBYL LLP, ZHAMBILSKY RAYON, NORTH-KAZKHSTAN
End-user ABC SEVKAZAGRO LLP, ZHAMBILSKY RAYON, NORTH-KAZKHSTAN
Exporter CNH AMERICA LLC, RACINE WI
Supplier CNH AMERICA LLC, RACINE WI
Gteed Lender BANKGESELLSCHAFT BERLIN AG, BERLIN 10178 GERMANY
FED REP
Lessor STANDART LEASING CORP., VICTORIA MAHE SEYCHELLES
Lessee ATAMEKEN-AGRO LLP, ZHAMBILSKY RAYON, NORTH-KAZAKHSTAN
Lessee KAT-ZHAMBYL LLP, ZHAMBILSKY RAYON, NORTH-KAZKHSTAN
Lessee ABC SEVKAZAGRO LLP, ZHAMBILSKY RAYON, NORTH-KAZKHSTAN
Project Name
Project Description EXPANSION & REPLACEMENT OF AGRI TRACTORS
Product Description AGRICULTURAL TRACTORS
Credit Committee Decision APPROVED