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Summary of the Meeting of the Board of Directors

Friday, May 15, 2009
 
Completed

CERTIFICATION FOR CLOSURE OF MEETING

[To be provided]

Date Posted: Thursday, May 28, 2009


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