Summary/Agenda of the Meeting of the Board of Directors
Thursday, December 20, 2012Completed
I. NON-CLASSIFIED ITEMS:
OPEN:
NONE
CLOSED:
1. Minutes of December 6, 2012 Board
Meeting to be approved
CREDIT POLICY COMMITTEE
2. Country
Review (CLS Cover Policy and Footnote Changes)
TRADE FINANCE
DIVISION
3. COUNTRY: MEXICO - AP087483XX
FOREIGN BUYER: Comision Federal de Electricidad
PRODUCTS: Electrical Power Goods and Services
4. COUNTRY: MEXICO - FB-543117 (Renewal)
BUYER/END-USER: Gunderson-Gimsa, S. A. de C.V.
PRODUCTS: Steel, Steel Products, Wheel Couplings,
Braking Systems and Related Parts
Braking Systems and Related Parts
5. COUNTRY: NETHERLANDS - FB-550489
BUYERS: CNH International, S.A., Paradiso-Lugano and
CNH Canada
CNH Canada
END-USERS:
Various Distributors, Dealers and Retail
Buyers
Various Distributors, Dealers and Retail
Buyers
PRODUCTS:Agricultural and Construction Equipment
II. CLASSIFIED ITEMS: NONE
CERTIFICATION FOR CLOSURE OF MEETING
I, Lisa V. Terry, Assistant General Counsel for Administration, hereby certify that in my opinion the Meeting of the Board of Directors scheduled for 9:30 AM on Thursday, December 20, 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.
Lisa V. Terry
Assistant General Counsel
Date Posted: Thursday, December 13, 2012
EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
DECEMBER 20, 2012
ITEM NO 1 Minutes of December 6, 2012 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 2 Country Review - Request for changes to the Country Limitation
Schedule to be effective December 27, 2012.
Board Decision: APPROVED. Chairman Hochberg, Vice Chair Felton,
Director Mulvaney and Director Walther all voted in favor of the changes.
Director Loui was not present for the vote.
ITEM NO 3
Country MEXICO AP087483XX
Request for FINAL COMMITMENT
Applicant BANK OF AMERICA NA, NEW YORK NY
Borrower COMISION FEDERAL DE ELECTRICIDAD, CIUDAD DE MEXICO MEXICO
Guarantor NONE
Buyer COMISION FEDERAL DE ELECTRICIDAD, CIUDAD DE MEXICO MEXICO
End-user COMISION FEDERAL DE ELECTRICIDAD, CIUDAD DE MEXICO MEXICO
Exporter GENERAL ELECTRIC COMPANY INC, ATLANTA GA
Exporter HARRIS CORPORATION, ROCHESTER NY
Exporter ADDITIONAL EXPORTERS
Supplier NONE
Gteed Lndr BANK OF AMERICA NA, NEW YORK NY
Project Name ELECTRICAL POWER GENERATION
Project Description ELECTRICAL POWER GOODS AND SERVICES
Product Description ELECTRICAL POWER GOODS AND SERVICES
Financed Amount $ 89,215,801
Repayment Term 5 YEARS
Board Decision: APPROVED. Chairman Hochberg, Vice Chair Felton, Director Mulvaney
and Director Walther all voted in favor of the transaction. Director Loui was not present for the vote.
ITEM NO 4
Country MEXICO - Policy #: FB-543117 (Renewal)
Financial Institution Buyer Credit
Insured Hencorp Becstone LC, Miami, FL
Buyer/Obligor Gunderson-Gimsa, S.A. de C.V., Frontera, Coahuila, Mexico
End-User Gunderson-Gimsa, S.A. de C.V., Frontera, Coahuila, Mexico
Guarantors The Greenbriar Companies, Inc, (GBX) of Lake Oswego, OR
Gunderson, LLC of Portland, OR
Other Guarantors
Exporters Nucor Steel, Inc. of Tuscaloosa, AL
Miner Enterprises, Inc. of Geneva, IL
Other Exporters
Suppliers Nucor Steel, Inc. of Tuscaloosa, AL
Miner Enterprises, Inc. of Geneva, IL
Other Suppliers
Broker IRC Group, Columbus, OH
Products Steel, Steel Products, Wheel Couplings, Braking Systems, Related Parts
Ex-Im Bank Liability (Millions) $5 - $20
Board Decision: Approved. Chairman Hochberg, Vice Chair Felton, Director Mulvaney and
Director Walther All voted in favor of the transaction. Director Loui was not present for the vote.
Director Walther All voted in favor of the transaction. Director Loui was not present for the vote.
ITEM NO 5
Country NETHERLANDS - Policy #: FB-550489
Financial Institution Buyer Credit
Insured Citibank, N.A., New York, NY
Buyer/Obligor CNH Global, N.V., Amsterdam, Netherlands
Buyer/Obligor CNH Global, N.V., Amsterdam, Netherlands
End-User Various Distributors, Dealers and Retail Buyers
Guarantor None
Exporter CNH America, LLC Burr Ridge, IL
Supplier CNH America, LLC Burr Ridge, IL
Broker Willis-FINEX Financial Solutions, NY, NY
Products Agricultural and Construction Equipment
Products Agricultural and Construction Equipment
Ex-Im Bank Liability (Millions) $20+
Board Decision: Approved. Chairman Hochberg, Vice Chair Felton, Director Mulvaney and
Director Walther All voted in favor of the transaction. Director Loui was not present for the vote.
Director Walther All voted in favor of the transaction. Director Loui was not present for the vote.