Summary of the Meeting of the Board of Directors
Monday, June 25, 2007CERTIFICATION FOR CLOSURE OF MEETING
[To be provided]
EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
JUNE 25, 2007
ITEM NO 1
Country
Request for FINAL COMMITMENT
Applicant ASIANA AIRLINES, INC,
Borrower SPV/ASIANA AIRLINES,
Guarantor NONE
Buyer SPV/ASIANA AIRLINES,
End-user ASIANA AIRLINES, INC,
Exporter BOEING COMPANY, THE,
Supplier UNITED TECHNOLOGIES CORP,
HARTFORD CT
Supplier BOEING COMPANY, THE,
Gteed Lender ING (US) CAPITAL,
Lessor SPV/ASIANA AIRLINES,
Lessee ASIANA AIRLINES, INC,
Cofin ECA EXPORT IMPORT BANK OF
Project Name NONE
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
Repayment Term 12 YEARS
Board Decision APPROVED
ITEM NO 2
Country
Request for FINAL COMMITMENT
Applicant PEGASUS AVIATION FINANCE COMPANY,
Borrower SPV/PEGASUS AVIATION FINANCE COMPANY,
Guarantor PEGASUS AVIATION FINANCE COMPANY,
Buyer SPV/PEGASUS AVIATION FINANCE COMPANY,
End-user CARGOLUX AIRLINES INTERNATIONAL S.A., FINDEL 1110
Exporter BOEING COMPANY, THE,
Supplier BOEING COMPANY, THE,
Supplier ROLLS ROYCE PLC,
Gteed Lender ING (US) CAPITAL,
Cofin ECA EXPORT CREDITS & GUARANTEE DEPT. (ECGD),
Head Lessor SPV/PEGASUS AVIATION FINANCE COMPANY,
Head Lessee SPV/SECS
Sublessor SPV/SECS
Sublessee CARGOLUX AIRLINES INTERNATIONAL S.A., FINDEL 1110
Project Name NONE
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
Repayment Term 12 YEARS
Board Decision APPROVED
EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
JUNE 25, 2007
ITEM NO 3A
Country
Request for FINAL COMMITMENT (Conversion No. 2)
Applicant GOL TRANSPORTES AEREO, S.A.,
Borrower SPV/GOL TRANSPORTES AEREO, S.A., SAO PAULO4547-006
Guarantor NONE
Buyer SPV/GOL TRANSPORTES AEREO, S.A., SAO PAULO4547-006
End-user GOL TRANSPORTES AEREO, S.A.,
Exporter BOEING COMPANY, THE,
Supplier BOEING COMPANY, THE,
Supplier CFM INTERNATIONAL INC,
Gteed Lender PRIVATE EXPORT FUNDING CORP,
Lessor SPV/GOL TRANSPORTES AEREO, S.A., SAO PAULO4547-006
Lessee GOL TRANSPORTES AEREO, S.A.,
Project Name NONE
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
Repayment Term 12 YEARS
Board Decision APPROVED
ITEM NO 3B
Country
Request for FINAL COMMITMENT (Conversion No. 2)
Applicant GOL TRANSPORTES AEREO, S.A.,
Borrower SPV/GOL TRANSPORTES AEREO, S.A., SAO PAULO4547-006
Guarantor NONE
Buyer SPV/GOL TRANSPORTES AEREO, S.A., SAO PAULO4547-006
End-user GOL TRANSPORTES AEREO, S.A.,
Exporter BOEING COMPANY, THE,
Supplier BOEING COMPANY, THE,
Supplier CFM INTERNATIONAL INC,
Gteed Lender BNP PARIBAS,
Lessor SPV/GOL TRANSPORTES AEREO, S.A., SAO PAULO4547-006
Lessee GOL TRANSPORTES AEREO, S.A.,
Project Name NONE
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
Repayment Term 12 YEARS
Board Decision APPROVED
EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
JUNE 25, 2007
ITEM NO 3C
Country
Request for PRELIMINARY COMMITMENT
Applicant GOL TRANSPORTES AEREO, S.A.,
Borrower SPV/GOL TRANSPORTES AEREO, S.A., SAO PAULO4547-006
Guarantor NONE
Buyer SPV/GOL TRANSPORTES AEREO, S.A., SAO PAULO4547-006
End-user GOL TRANSPORTES AEREO, S.A.,
Exporter BOEING COMPANY, THE,
Supplier BOEING COMPANY, THE,
Supplier CFM INTERNATIONAL INC,
Gteed Lender FINANCIAL INSTITUTION ACCEPTABLE TO EIB, UNKNOWN ZZ
Lessor SPV/GOL TRANSPORTES AEREO, S.A., SAO PAULO4547-006
Lessee GOL TRANSPORTES AEREO, S.A.,
Project Name NONE
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
PC Expiry Date 12/14/07
Board Decision REFER TO CONGRESS
ITEM NO 3D
Country
Request for AMENDMENT OF PRELIMINARY COMMITMENT
Applicant GOL LINHAS AEREAS INTELIGENTES
Borrower SPV/GOL LINHAS AEREAS INTELIGENTES
Guarantor NONE
Buyer SPV/GOL LINHAS AEREAS INTELIGENTES
End-user GOL LINHAS AEREAS INTELIGENTES
Exporter BOEING COMPANY, THE,
Supplier CFM INTERNATIONAL INC,
Supplier BOEING COMPANY, THE,
Gteed Lender FINANCIAL INSTITUTION ACCEPTABLE TO EIB, UNKNOWN ZZ
Lessor SPV/GOL LINHAS AEREAS INTELIGENTES
Lessee GOL LINHAS AEREAS INTELIGENTES
Project Name NONE
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
Board Decision APPROVED
EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
JUNE 25, 2007
ITEM NO 4A
Country
Request for FINAL COMMITMENT
Applicant RYANAIR HOLDINGS PLC, CLOGHRAN
Borrower SPV/RYANAIR LTD., CLOGHRAN
Guarantor RYANAIR HOLDINGS PLC, CLOGHRAN
Buyer SPV/RYANAIR LTD., CLOGHRAN
End-user RYANAIR LTD., CLOGHRAN
Exporter BOEING COMPANY, THE,
Supplier CFM INTERNATIONAL INC,
Supplier BOEING COMPANY, THE,
Gteed Lender ING (US) CAPITAL,
Lessor SPV/RYANAIR LTD., CLOGHRAN
Lessee RYANAIR LTD., CLOGHRAN
Project Name NONE
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
Board Decision REFER TO CONGRESS
ITEM NO 4B
Country
Request for PRELIMINARY COMMITMENT
Applicant RYANAIR HOLDINGS PLC, CLOGHRAN
Borrower SPV/RYANAIR LTD., CLOGHRAN
Guarantor RYANAIR HOLDINGS PLC, CLOGHRAN
Buyer SPV/RYANAIR LTD., CLOGHRAN
End-user RYANAIR LTD., CLOGHRAN
Exporter BOEING COMPANY, THE,
Supplier CFM INTERNATIONAL INC,
Supplier BOEING COMPANY, THE,
Gteed Lender ING (US) CAPITAL,
Lessor SPV/RYANAIR LTD., CLOGHRAN
Lessee RYANAIR LTD., CLOGHRAN
Project Name NONE
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
PC Expiry Date 12/14/07
Board Decision REFER TO CONGRESS
EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
JUNE 25, 2007
Item No. 5 Policy No.: FB-A-408999
Country:
Request For: Policy- Commitment
Policy Type: Financial Institution Buyer Credit
Insured: Wells Fargo HSBC Trade Bank,
Buyer/Obligor/ Industrializadora de Productos Agricolas de la Cuenca del
End-User: Papaloapan, S.A. de C.V.,
Guarantor: Inversora Industrial Agropecuaria, S.A. de C.V.,
Exporters/Supplier: The Rice Company,
Broker: Structured Trade Services LLC,
Product/Use: Rice
EX-IM Bank Liability (Millions): $5 - $20
Board Decision: APPROVED
ITEM NO 6
Country Review
Board Decision: Approved changes to the Country Limitation Schedule (CLS)
effective July 2, 2007.