Summary of the Meeting of the Board of Directors

January 12, 2012 December 31, 1969

Completed

Agenda

Not Available.


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,
January 12, 2012, in the Board Room will disclose information of the kind set forth in Subsection (4) and (9)(B) of Section 552b(c), Title 5 of the United States Code.

Accordingly, such meeting may be closed to the public.

 

Date Posted
Summary of Minutes

EXPORT-IMPORT BANK OF THE UNITED STATES SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS JANUARY 12, 2012




ITEM 1 Minutes of December 22, 2011 Board Meeting to be approved.
Board Decision: APPROVED. Chairman Hochberg, Vice Chair Felton,
Director Mulvaney, Director Loui and Director Walther all voted in
favor of the minutes.

ITEM 2 Minutes of December 29, 2011 Board Meeting to be approved.
Board Decision: APPROVED. Chairman Hochberg, Vice Chair Felton,
Director Mulvaney, Director Loui and Director Walther all voted in
favor of the minutes.


ITEM NO 3
Country HONG KONG AP086551XX
Request for FINAL COMMITMENT

Applicant CATHAY PACIFIC AIRWAYS LIMITED, CHEK LAP KOK 1003 HONG KONG
Borrower SPV/CATHAY PACIFIC AIRWAYS LTD, CENTRAL DISTRICT, HONG KONG 1003 HONG KONG
Buyer SPV/CATHAY PACIFIC AIRWAYS LTD, CENTRAL DISTRICT, HONG KONG 1003 HONG KONG
End-user CATHAY PACIFIC AIRWAYS LIMITED, CHEK LAP KOK 1003 HONG KONG
Exporter BOEING COMPANY, THE, EVERETT WA
Supplier GENERAL ELECTRIC COMPANY, CINCINNATI OH
Supplier VARIOUS - UNITED STATES SMALL SUPPLIERS, UNKNOWN DC
Supplier BOEING COMPANY, THE, EVERETT WA
Gteed Lndr FINANCIAL INSTITUTION ACCEPTABLE TO EIB, UNKNOWN ZZ
Gteed Lndr JP MORGAN CHASE BANK, NEW YORK NY
Lessor SPV/CATHAY PACIFIC AIRWAYS LTD, CENTRAL DISTRICT, HONG KONG 1003 HONG KONG
Lessee CATHAY PACIFIC AIRWAYS LIMITED, CHEK LAP KOK 1003 HONG KONG
Cofin ECA NIPPON EXPORT AND INVESTMENT INSURANCE(NEXI),CHIYODA-KU TOKYO 101-0065 JAPAN

Project Name NONE
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT

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

ITEM NO 4A
Country UNITED ARAB EMIRATES AP085961XX
Request for FINAL COMMITMENT (Conversion No. 1)

Applicant ETIHAD AIRWAYS, ABU DHABI U ARAB EMIRATES
Borrower SPV/ETIHAD AIRWAYS, DHABI U ARAB EMIRATES
Buyer SPV/ETIHAD AIRWAYS, DHABI U ARAB EMIRATES
End-user ETIHAD AIRWAYS, ABU DHABI U ARAB EMIRATES
Exporter BOEING COMPANY, THE, EVERETT WA
Supplier GENERAL ELECTRIC COMPANY, CINCINNATI OH
Supplier VARIOUS - UNITED STATES SMALL SUPPLIERS, UNKNOWN DC
Supplier BOEING COMPANY, THE, EVERETT WA
Gteed Lndr JP MORGAN CHASE BANK, NEW YORK NY
Lessor SPV/ETIHAD AIRWAYS, DHABI U ARAB EMIRATES
Lessee ETIHAD AIRWAYS, ABU DHABI U ARAB EMIRATES
Cofin ECA NIPPON EXPORT AND INVESTMENT INSURANCE(NEXI),CHIYODA-KU TOKYO 101-0065 JAPAN

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

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



ITEM NO 4B
Country UNITED ARAB EMIRATES AP085961XX
Request for FINAL COMMITMENT (Conversion No. 2)

Applicant ETIHAD AIRWAYS, ABU DHABI U ARAB EMIRATES
Borrower SPV/ETIHAD AIRWAYS, DHABI U ARAB EMIRATES
Buyer SPV/ETIHAD AIRWAYS, DHABI U ARAB EMIRATES
End-user ETIHAD AIRWAYS, ABU DHABI U ARAB EMIRATES
Exporter BOEING COMPANY, THE, EVERETT WA
Supplier GENERAL ELECTRIC COMPANY, CINCINNATI OH
Supplier VARIOUS - UNITED STATES SMALL SUPPLIERS, UNKNOWN DC
Supplier BOEING COMPANY, THE, EVERETT WA
Gteed Lndr CITIBANK N A, NEW YORK NY
Lessor SPV/ETIHAD AIRWAYS, DHABI U ARAB EMIRATES
Lessee ETIHAD AIRWAYS, ABU DHABI U ARAB EMIRATES
Cofin ECA NIPPON EXPORT AND INVESTMENT INSURANCE(NEXI),CHIYODA-KU TOKYO 101-0065 JAPAN

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

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

ITEM NO 5
Country MEXICO AP086262XX
Request for FINAL COMMITMENT

Applicant HSBC BANK, NEW YORK NY
Borrower FERROSUR S A DE C V, BOSQUES DE LAS LOMA CP 11700 MEXICO
Guarantor INFRAESTRUCTURA Y TRANSPORTES FERROVIAR, DEL MIGUEL HIDALGO DFCP 11700 MEXICO
Buyer FERROSUR S A DE C V, BOSQUES DE LAS LOMA CP 11700 MEXICO
End-user FERROSUR S A DE C V, BOSQUES DE LAS LOMA CP 11700 MEXICO
Exporter GENERAL ELECTRIC COMPANY, ERIE PA
Supplier GENERAL ELECTRIC COMPANY, ERIE PA
Supplier VARIOUS - UNITED STATES SMALL SUPPLIERS, UNKNOWN DC
Gteed Lndr HSBC BANK, NEW YORK NY

Project Name NONE
Project Description RAILROAD TRANSPORTATION
Product Description LOCOMOTIVES
Financed Amount $43,179,540
Repayment Term 9.25 YEARS

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



ITEM NO 6
Country Review - One Country: Request for changes to the Country Limitation Schedule (CLS) to be effective January 19, 2012.
Board Decision: APPROVED. Chairman Hochberg, Vice Chair Felton,
Director Mulvaney, Director Loui and Director Walther all voted in favor of the changes.


ITEM NO 7
Country Review - Two Countries: Request for changes to the Country Limitation Schedule (CLS) to be effective January 19, 2012.
Board Decision: APPROVED. Chairman Hochberg, Vice Chair Felton,
Director Mulvaney, Director Loui and Director Walther all voted in favor of the changes.