Summary of the Meeting of the Board of Directors

January 26, 2012 December 31, 1969

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, January 26, 2012, 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

EXPORT-IMPORT BANK OF THE UNITED STATES SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS JANUARY 26, 2012





ITEM NO 1
Country KOREA, SOUTH AP086730XX
Request for FINAL COMMITMENT

Applicant KOREAN AIR LINES CO., LTD., SEOUL KOREA, REP OF
Borrower SPV/KOREAN AIR LINES, SEOUL KOREA, REP OF
Buyer SPV/KOREAN AIR LINES, SEOUL KOREA, REP OF
End-user KOREAN AIR LINES CO., LTD., SEOUL KOREA, REP OF
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 TD BANK, N.A., MOUNT LAUREL NJ
Lessor SPV/KOREAN AIR LINES, SEOUL KOREA, REP OF
Lessee KOREAN AIR LINES CO., LTD., SEOUL KOREA, REP OF
Cofin ECA EXPORT-IMPORT BANK OF KOREA, SEOUL 150973 KOREA, REP OF

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 2
Country CHILE PC086624XX
Request for PRELIMINARY COMMITMENT

Applicant PNC BANK, NATIONAL ASSOCIATION, PITTSBURGH PA
Borrower DETROIT CHILE S.A., SANTIAGO CHILE
Guarantor STARNAV SERVICOS MARITIMOS S.A., ITAJAI BRAZIL
Guarantor DETROIT BRAZIL, LTDA., SALSEIROS,CEP 88311-550 BRAZIL
Buyer DETROIT CHILE S.A., SANTIAGO CHILE
End-user STARNAV SERVICOS MARITIMOS S.A., ITAJAI BRAZIL
Exporter LEEVAC SHIPYARDS INC, JENNINGS LA
Supplier LEEVAC SHIPYARDS INC, JENNINGS LA
Supplier VARIOUS - UNITED STATES SUPPLIERS, UNKNOWN DC
Gteed Lndr PNC BANK, NATIONAL ASSOCIATION, PITTSBURGH PA

Project Name NONE
Project Description OIL & GAS FIELD SERVICES
Product Description 90 METER PLATFORM SUPPORT VESSEL
PC Expiry Date 07/30/12
Repayment Term 10 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 3
COUNTRY: KAZAKHSTAN - AP080331XX, AP080465XX, AP081901XX, AP082719XX, AP083080XX, AP083455XX, AP083451XX, AP083548XX,AP083460XX, AP083831XX
Request: Restructuring
Borrower: Astana Finance / Astana Finance Leasing
PRODUCTS: John Deere Equipment

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