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Summary/Agenda of the Meeting of the Board of Directors

Thursday, April 25, 2013
 
Completed

I.NON-CLASSIFIED ITEMS:

OPEN: NONE

CLOSED:
STRUCTURED FINANCE DIVISION
Congressional Review - Expiry Date: 04-24-13 / Public Notice Expiry Date: 04-12-13
1. COUNTRY: UNITED ARAB EMIRATES - AP085996XX
FOREIGN BUYER: Emirates Aluminum Co. Ltd. PJSC
PRODUCTS: Steam Turbine Generator Set
TOTAL FINANCED AMOUNT: $239,521,816
See Item No. 5 on the 03-21-13 Agenda - Also see Addendum

TRANSPORTATION DIVISION
Public Notice Expiry Date: 03-19-13
2A. COUNTRY: MEXICO - AP087791XX
FOREIGN BUYER: SPV/Aerovias de Mexico, S.A. de C.V.
END USER: Aerovias de Mexico, S.A. de C.V.
PRODUCTS: Aircraft

2B. COUNTRY: MEXICO - PC087967XX
FOREIGN BUYER: SPV/Aerovias de Mexico, S.A. de C.V.
END USER: Aerovias de Mexico, S.A. de C.V.
PRODUCTS: Aircraft

2C. COUNTRY: MEXICO - PC087967XA
FOREIGN BUYER: SPV/Aerovias de Mexico, S.A. de C.V.
END USER: Aerovias de Mexico, S.A. de C.V.
PRODUCTS: Aircraft

Public Notice Expiry Date: 04-12-13
3.COUNTRY: KUWAIT - AP087858XX
FOREIGN BUYER: SPC/ALAFCO Aviation and Lease Finance Co
END-USER: Garuda Indonesia
PRODUCTS: Aircraft

II.CLASSIFIED ITEMS: NONE

CERTIFICATION FOR CLOSURE OF MEETING

I, Inci Tonguch-Murray, 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, April 25, 2013, 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.

Inci Tonguch-Murray
Assistant General Counsel (Acting)

Date Posted: Friday, April 19, 2013

ITEM NO 1
Country UNITED ARAB EMIRATES AP085996XX
Request for FINAL COMMITMENT

Applicant EMIRATES ALUMINUM COMPANY LIMITED PJSC, ABU DHABI U ARAB EMIRATES
Borrower EMIRATES ALUMINUM COMPANY LIMITED PJSC, ABU DHABI U ARAB EMIRATES
Guarantor NONE
Buyer EMIRATES ALUMINUM COMPANY LIMITED PJSC, ABU DHABI U ARAB EMIRATES
End-user EMIRATES ALUMINUM COMPANY LIMITED PJSC, ABU DHABI U ARAB EMIRATES
Exporter GENERAL ELECTRIC COMPANY INC, SCHENECTADY NY
Supplier GENERAL ELECTRIC COMPANY INC, SCHENECTADY NY
Supplier GENERAL ELECTRIC COMPANY, GREENVILLE SC
Gtd Lndr NONE

Project Name EMAL PHASE 2
Project Description ALUMINUM SMELTER - POWER PLANT EXPANSION
Product Description STEAM TURBINE GENERATOR SET
Financed Amount $239,521,816
Repayment Term 13 YEARS

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

ITEM NO 2A
Country MEXICO AP087791XX
Request for FINAL COMMITMENT

Applicant AEROVIAS DE MEXICO, S.A. DE C.V., MEXICO DF 06500 MEXICO
Borrower SPV/AEROVIAS DE MEXICO SA DE CV, MEXICO, DISTRITO F 06500 MEXICO
Buyer SPV/AEROVIAS DE MEXICO SA DE CV, MEXICO, DISTRITO F 06500 MEXICO
End-user AEROVIAS DE MEXICO, S.A. DE C.V., MEXICO DF 06500 MEXICO
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
Gtd Lndr JPMORGAN CHASE BANK, N.A., NEW YORK NY
Gtd Lndr CITIBANK N A, NEW YORK NY
Lessor SPV/AEROVIAS DE MEXICO SA DE CV, MEXICO, DISTRITO F 06500 MEXICO
Lessee AEROVIAS DE MEXICO, S.A. DE C.V., MEXICO DF 06500 MEXICO

Project Name NONE
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT

Board Decision: REFERRED to US Congress and Public Notice. Chairman Hochberg, Vice Chair Felton, Director Mulvaney, Director Loui and Director Walther all voted
in favor of the referral.

ITEM NO 2B
Country MEXICO PC087967XX
Request for PRELIMINARY COMMITMENT

Applicant AEROVIAS DE MEXICO, S.A. DE C.V., MEXICO DF 06500 MEXICO
Borrower SPV/AEROVIAS DE MEXICO SA DE CV, MEXICO, DISTRITO F 06500 MEXICO
Buyer SPV/AEROVIAS DE MEXICO SA DE CV, MEXICO, DISTRITO F 06500 MEXICO
End-user AEROVIAS DE MEXICO, S.A. DE C.V., MEXICO DF 06500 MEXICO
Exporter BOEING COMPANY, THE, RENTON WA
Supplier VARIOUS - UNITED STATES SMALL SUPPLIERS, UNKNOWN DC
Supplier CFM INTERNATIONAL INC, CINCINNATI OH
Supplier BOEING COMPANY, THE, RENTON WA
Gtd Lndr FINANCIAL INSTITUTION ACCEPTABLE TO EIB, UNKNOWN ZZ
Lessor SPV/AEROVIAS DE MEXICO SA DE CV, MEXICO, DISTRITO F 06500 MEXICO
Lessee AEROVIAS DE MEXICO, S.A. DE C.V., MEXICO DF 06500 MEXICO

Project Name NONE
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT

Board Decision: REFERRED to US Congress. Chairman Hochberg, Vice Chair Felton, Director Mulvaney, Director Loui and Director Walther all voted
in favor of the referral.

ITEM NO 2C
Country MEXICO PC087967XA
Request for PRELIMINARY COMMITMENT

Applicant AEROVIAS DE MEXICO, S.A. DE C.V., MEXICO DF 06500 MEXICO
Borrower SPV/AEROVIAS DE MEXICO SA DE CV, MEXICO, DISTRITO F 06500 MEXICO
Buyer SPV/AEROVIAS DE MEXICO SA DE CV, MEXICO, DISTRITO F 06500 MEXICO
End-user AEROVIAS DE MEXICO, S.A. DE C.V., MEXICO DF 06500 MEXICO
Exporter BOEING COMPANY, THE, EVERETT WA
Supplier VARIOUS - UNITED STATES SMALL SUPPLIERS, UNKNOWN DC
Supplier BOEING COMPANY, THE, EVERETT WA
Supplier GENERAL ELECTRIC COMPANY, CINCINNATI OH
Gtd Lndr FINANCIAL INSTITUTION ACCEPTABLE TO EIB, UNKNOWN ZZ
Lessor SPV/AEROVIAS DE MEXICO SA DE CV, MEXICO, DISTRITO F 06500 MEXICO
Lessee AEROVIAS DE MEXICO, S.A. DE C.V., MEXICO DF 06500 MEXICO
Cofin ECA NIPPON EXPORT AND INVESTMENT INSURANCE (NEXI),CHIYODA-KU TOKOYO 101-0065 JAPAN

Project Name NONE
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT

Board Decision: REFERRED to US Congress. Chairman Hochberg, Vice Chair Felton, Director Mulvaney, Director Loui and Director Walther all voted
in favor of the referral.

ITEM NO 3
Country KUWAIT AP087858XX
Request for FINAL COMMITMENT

Applicant ALAFCO AVIATION LEASE & FINANCE COMPANY, SAFAT KUWAIT
Borrower SPC/ALAFCO AVIATION AND LEASE FINANCE CO, SAFAT KUWAIT
Buyer SPC/ALAFCO AVIATION AND LEASE FINANCE CO, SAFAT KUWAIT
End-user GARUDA INDONESIA, P.T., JAKARTA PUSAT, JKT INDONESIA
Exporter BOEING COMPANY, THE, EVERETT WA
Supplier BOEING COMPANY, THE, EVERETT WA
Supplier VARIOUS - UNITED STATES SMALL SUPPLIERS, UNKNOWN DC
Supplier GENERAL ELECTRIC COMPANY, CINCINNATI OH
Gtd Lndr DEUTSCHE BANK TR CO AMERICAS, NEW YORK NY
Lessor SPC/ALAFCO AVIATION AND LEASE FINANCE CO, SAFAT KUWAIT
Lessee ALAFCO AVIATION LEASE & FINANCE COMPANY, SAFAT KUWAIT
Cofin ECA NIPPON EXPORT AND INVESTMENT INSURANCE (NEXI),CHIYODA-KU TOKOYO 101-0065 JAPAN

Project Name NONE
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT

Board Decision: REFERRED to US Congress and Public Notice. Chairman Hochberg, Vice Chair Felton, Director Mulvaney, Director Loui and Director Walther all voted in favor of the referral.