Summary of the Meeting of the Board of Directors
Friday, May 15, 2009CERTIFICATION FOR CLOSURE OF MEETING
[To be provided]
EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
MAY 15, 2009
ITEM NO 1A
Country SAUDI ARABIA AP083340XA
Request for FINAL COMMITMENT
Applicant SAUDI ELECTRICITY COMPANY, RIYADH 11411 SAUDI ARABIA
Borrower SAUDI ELECTRICITY COMPANY, RIYADH 11411 SAUDI ARABIA
Guarantor NONE
Buyer SAUDI ELECTRICITY COMPANY, RIYADH 11411 SAUDI ARABIA
End-user SAUDI ELECTRICITY COMPANY, RIYADH 11411 SAUDI ARABIA
Exporter GENERAL ELECTRIC ENERGY CO, SCHENECTADY NY 12345
Supplier GENERAL ELECTRIC ENERGY CO, SCHENECTADY NY 12345
Gteed Lender CALYON S.A., NEW YORK NY
Project Name FARAS POWERPLANT
Project Description GAS TURBINE POWER PROJECT
Product Description POWER PLANT TURBINES, INSTALLATION & TRAINING
Financed Amount $ 150,662,023
Repayment Term 12 YEARS
Board Decision APPROVED
ITEM NO 1B
Country SAUDI ARABIA AP083340XB
Request for FINAL COMMITMENT
Applicant SAUDI ELECTRICITY COMPANY, RIYADH 11411 SAUDI ARABIA
Borrower SAUDI ELECTRICITY COMPANY, RIYADH 11411 SAUDI ARABIA
Guarantor NONE
Buyer SAUDI ELECTRICITY COMPANY, RIYADH 11411 SAUDI ARABIA
End-user SAUDI ELECTRICITY COMPANY, RIYADH 11411 SAUDI ARABIA
Exporter GENERAL ELECTRIC ENERGY CO, SCHENECTADY NY 12345
Supplier GENERAL ELECTRIC ENERGY CO, SCHENECTADY NY 12345
Gteed Lender CALYON S.A., NEW YORK NY
Project Name PP8
Project Description GAS TURBINE POWER PLANT
Product Description POWER PLANT TURBINES, INSTALLATION & TRAINING
Financed Amount $ 151,076,500
Repayment Term 11.5 YEARS
Board Decision APPROVED
ITEM NO 1C
Country SAUDI ARABIA AP083340XC
Request for FINAL COMMITMENT
Applicant SAUDI ELECTRICITY COMPANY, RIYADH 11411 SAUDI ARABIA
Borrower SAUDI ELECTRICITY COMPANY, RIYADH 11411 SAUDI ARABIA
Guarantor NONE
Buyer SAUDI ELECTRICITY COMPANY, RIYADH 11411 SAUDI ARABIA
End-user SAUDI ELECTRICITY COMPANY, RIYADH 11411 SAUDI ARABIA
Exporter GENERAL ELECTRIC ENERGY CO, SCHENECTADY NY 12345
Supplier GENERAL ELECTRIC ENERGY CO, SCHENECTADY NY 12345
Gteed Lender CALYON S.A., NEW YORK NY
Project Name FARAS, PP8, AND AL QURAYYAH 1-9, 10-15
Project Description COMBINED CYCLE POWER PLANTS
Product Description POWER PLANT TURBINES, INSTALLATION & TRAINING
Financed Amount $ 611,097,142
Repayment Term 12 YEARS
Board Decision APPROVED