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Summary of the Meeting of the Board of Directors

Thursday, October 27, 2011
 
Completed

CERTIFICATION FOR CLOSURE OF MEETING

I, Lisa V. Terry, Assistant General Counsel for Administration (Acting), hereby certify that in my opinion the Meeting of the Board of Directors scheduled for 9:30 AM on Thursday, October 27, 2011, in the Board Room will disclose information of the kind set forth in Subsection (4) of Section 552b(c), Title 5 of the United States Code.

Accordingly, such meeting may be closed to the public.

Date Posted: Thursday, October 20, 2011


EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
OCTOBER 27, 2011

ITEM NO 1 WITHDRAWN

ITEM NO 2
Country ETHIOPIA AP085792XX
Request for FINAL COMMITMENT

Applicant ETHIOPIAN AIRLINES ENTERPRISE SC, ADDIS ABABA, ETHIOPIA
Borrower SPV/ETHIOPIAN AIRLINES SC, ADDIS ABABA ETHIOPIA
Buyer SPV/ETHIOPIAN AIRLINES SC, ADDIS ABABA ETHIOPIA
End-user ETHIOPIAN AIRLINES ENTERPRISE SC, ADDIS ABABA, ETHIOPIA
Exporter CFM INTERNATIONAL INC, CINCINNATI OH
Exporter BOEING COMPANY, THE, RENTON WA
Supplier CFM INTERNATIONAL INC, CINCINNATI OH
Supplier BOEING COMPANY, THE, RENTON WA
Supplier VARIOUS - UNITED STATES SMALL SUPPLIERS, UNKNOWN DC
Gted Lender JPMORGAN CHASE BANK, NEW YORK NY
Lessor SPV/ETHIOPIAN AIRLINES SC, ADDIS ABABA ETHIOPIA
Lessee ETHIOPIAN AIRLINES ENTERPRISE SC, ADDIS ABABA, ETHIOPIA

Project Name NONE
Project Description AIR TRANSPORTION
Product Description AIRCRAFT
Repayment Term 12 YEARS

Board Decision APPROVED. Chairman Hochberg, Vice Chair Felton, and
Director Mulvaney all voted in favor of the transaction.

ITEM NO 3
Country UNITED STATES AP086438XX
Request for FINAL COMMITMENT

Applicant ATLAS AIR, INC., PURCHASE NY
Borrower SPC/ATLAS AIR, INC., PURCHASE NY
Buyer SPC/ATLAS AIR, INC., PURCHASE NY
End-user VARIOUS END USER SUB-LESSEES, UNKNOWN VARIOUS CNTRIES
Exporter BOEING COMPANY, THE, EVERETT WA
Supplier BOEING COMPANY, THE, EVERETT WA
Supplier GENERAL ELECTRIC COMPANY, CINCINNATI OH
Supplier VARIOUS - UNITED STATES SMALL SUPPLIERS, UNKNOWN DC
Gteed Lndr APPLE BANK FOR SAVINGS, NEW YORK NY
Lessor SPC/ATLAS AIR, INC., PURCHASE NY
Lessee ATLAS AIR, INC., PURCHASE NY

Project Name NONE
Project Description AIR TRANSPORTATION - CARGO
Product Description AIRCRAFT

Board Decision REFER TO U.S. CONGRESS. Chairman Hochberg, Vice Chair Felton,
and Director Mulvaney all voted in favor of the referral.

Item No. 4
Country MEXICO Policy No. ESS 512034
Request For Special Delegated Authority
Policy Type Short-Term Single-Buyer Coverage Type/Term Comprehensive/ST

Insured TOOLING & EQUIPMENT INTERNATIONAL CORPORATION, LIVONIA, MI
Buyer/Obligor NEMAK, S.A. VILLA DE GARCIA, NUEVO LEON, MEXICO
End User NEMAK, S.A. VILLA DE GARC?A, NUEVO LE?N, M?XICO
Guarantor NONE
Exporter TOOLING & EQUIPMENT INTERNATIONAL CORPORATION, LIVONIA, MI
Supplier TOOLING & EQUIPMENT INTERNATIONAL CORPORATION, LIVONIA, MI
Broker JOHNSTONE DOWNEY KLEIN, INC./DBA/INTERNATIONAL RISK CONSULTANTS, COLUMBUS, OH
Products/Use MOLDS AND CORE BOXES
Ex-Im Bank Liability (Millions) $20+

Board Decision APPROVED. Chairman Hochberg, Vice Chair Felton, and Director Mulvaney
all voted in favor of the Special Delegated Authority.