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Summary/Agenda of the Meeting of the Board of Directors

Friday, August 23, 2013
 
Completed

I.OPEN: NONE

II.CLOSED:

TRANSPORTATION DIVISION
Congressional Review - Expiry Date: 08-21-13 / Public Notice Expiry Date: 07-26-13
1. COUNTRY: IRELAND - AP088099XX
FOREIGN BUYER: SPV/Avolon Aerospace Leasing, Ltd.
END-USER: LATAM Airlines Group, S.A.
PRODUCTS: Aircraft

STRUCTURED FINANCE DIVISION
Congressional Review - Expiry Date: 08-21-13 / Public Notice Expiry Date: 08-09-13
2. COUNTRY: ISRAEL - AP087586XX
FOREIGN BUYER: Space Communication Ltd.
PRODUCTS: Geosynchronous Satellite and Launch Services

Congressional Review - Expiry Date: 08-21-13 / Public Notice Expiry Date: 08-12-13
3. COUNTRY: SINGAPORE - AP086036XX
FOREIGN BUYER: Micron Semiconductor Asia Pte. Ltd
PRODUCTS: Semiconductor Machinery Manufacturing

4. COUNTRY: TURKEY - AP086942XX
FOREIGN BUYER: Star Rafineri A.S
PRODUCTS: Industrial Process Furnace and Oven Manufacturing

WORKING CAPITAL DIVISION
5. Working Capital Guarantee No. AP085839XA (Renewal)
OBLIGOR: Caterpillar Inc.
PRODUCTS: Mining, Construction, Engine Equipment

CREDIT POLICY COMMITTEE
6. Country Review (CLS Cover Policy and Footnote Changes)

7. Country Review (Administrative Hold)

STRUCTURED FINANCE DIVISION
Congressional Review - Expiry Date: 08-21-13
8A. COUNTRY: MEXICO - AP087912XX
FOREIGN BUYER: Pemex Exploracion y Produccion
PRODUCTS: Up-Stream & Exploration Projects

Congressional Review - Expiry Date: 08-21-13
8B. COUNTRY: MEXICO - AP087913XX
FOREIGN BUYER: Pemex Exploracion y Produccion
PRODUCTS: Up-Stream & Exploration Projects

CERTIFICATION FOR CLOSURE OF MEETING

I, Andrea Q. Bernardo, Assistant General Counsel for Administration, hereby certify that in my opinion the Meeting of the Board of Directors scheduled for 9:30 AM on Friday,August 23, 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.

Andrea Q. Bernardo
Assistant General Counsel

Date Posted: Friday, August 23, 2013

ITEM NO 1
Country IRELAND AP088099XX
Request for FINAL COMMITMENT

ApplicantAVOLON AEROSPACE LEASING LIMITED, BALLSBRIDGE, DUBLIN 4 IRELAND
BorrowerSPV/AVOLON AEROSPACE LEASING LTD, DUBLIN IRELAND
Buyer SPV/AVOLON AEROSPACE LEASING LTD, DUBLIN IRELAND
End-userLATAM AIRLINES GROUP S.A. (LATAM), LAS CONDES, SANTIAGO CHILE
ExporterBOEING COMPANY, THE, EVERETT WA
SupplierBOEING COMPANY, THE, EVERETT WA
SupplierGENERAL ELECTRIC COMPANY, CINCINNATI OH
SupplierVARIOUS - UNITED STATES SMALL SUPPLIERS, UNKNOWN DC
Gted Lndr TD BANK US HOLDING COMP, HOUSTON TX
Cofin ECA NIPPON EXPORT AND INVESTMENT INSURANCE (NEXI), CHIYODA-KU TOKOYO 101-0065 JAPAN

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

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

ITEM NO 2
Country ISRAEL AP087586XX
Request for FINAL COMMITMENT

ApplicantSPACE COMMUNICATION LTD., RAMAT GAN 52521 ISRAEL
BorrowerSPACE COMMUNICATION LTD., RAMAT GAN 52521 ISRAEL
Guarantor NONE
Buyer SPACE COMMUNICATION LTD., RAMAT GAN 52521 ISRAEL
End-user SPACE COMMUNICATION LTD., RAMAT GAN 52521 ISRAEL
ExporterSPACE EXPLORATION TECHNOLOGIES CORP., HAWTHORNE CA
ExporterMARSH, INC., NEW YORK NY
ExporterATK CORPORATION, GOLETA CA
ExporterVARIOUS - UNITED STATES SMALL SUPPLIERS, UNKNOWN DC
SupplierSPACE EXPLORATION TECHNOLOGIES CORP., HAWTHORNE CA
SupplierMARSH, INC., NEW YORK NY
SupplierATK CORPORATION, GOLETA CA
SupplierVARIOUS - UNITED STATES SMALL SUPPLIERS, UNKNOWN DC
Gted Lndr NONE

Project Name AMOS-6 SATELLITE
Project Description AMOS-6 SATELLITE
Product Description GEOSYNCHRONOUS SATELLITE AND LAUNCH SERVICES
Financed Amount $105,436,552
Repayment Term 8 YEARS/6 MONTHS

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

ITEM NO 3
Country SINGAPORE AP086036XX
Request for FINAL COMMITMENT

ApplicantMICRON SEMICONDUCTOR ASIA PTE LTD, SINGAPORE SINGAPORE
BorrowerMICRON SEMICONDUCTOR ASIA PTE LTD, SINGAPORE SINGAPORE
Guarantor MICRON TECHNOLOGY INC, BOISE ID
Buyer MICRON SEMICONDUCTOR ASIA PTE LTD, SINGAPORE SINGAPORE
End-user MICRON SEMICONDUCTOR ASIA PTE LTD, SINGAPORE SINGAPORE
ExporterAXCELIS TECHNOLOGIES INC, BEVERLY MA
Exporter LAM RESEARCH CORPORATION, FREMONT CA
ExporterAPPLIED MATERIALS INC, SANTA CLARA CA
SupplierAXCELIS TECHNOLOGIES INC, BEVERLY MA
SupplierLAM RESEARCH CORPORATION, FREMONT CA
Supplier APPLIED MATERIALS INC, SANTA CLARA CA
Gted Lndr JPMORGAN CHASE BANK, NA, NEW YORK NY

Project Name FAB 10
Project Description EQUIPMENT FOR NAND FLASH FAB
Product Description SEMICONDUCTOR MACHINERY MANUFACTURING
Financed Amount $462,278,974
Repayment Term 5 YEARS

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

ITEM NO 4
Country TURKEY AP086942XX
Request for FINAL COMMITMENT

ApplicantSTAR RAFINERI A.S., MASLAK-SISLI-ISTANBUL 34398 TURKEY
BorrowerSTAR RAFINERI A.S., MASLAK-SISLI-ISTANBUL 34398 TURKEY
Guarantor NONE
Buyer STAR RAFINERI A.S., MASLAK-SISLI-ISTANBUL 34398 TURKEY
End-useSTAR RAFINERI A.S., MASLAK-SISLI-ISTANBUL 34398 TURKEY
ExporterFLUOR CORP, SUGAR LAND TX
ExporterFOSTER WHEELER USA CORPORATION, HOUSTON TX
ExporterADDITIONAL EXPORTERS
SupplierFLUOR CORP, SUGAR LAND TX
SupplierFOSTER WHEELER USA CORPORATION, HOUSTON TX
Supplier ADDITIONAL SUPPLIERS
Gted Lndr NONE

Project Name STAR REFINERY
Project Description PETR0LEUM REFINERY
Product Description INDUSTRIAL PROCESS FURNACE AND OVEN MANUFACTURING

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

ITEM NO 5
Working Capital Guarantee No. AP085839XX
Request for FINAL COMMITMENT

ApplicantJPMORGAN CHASE BANK, NEW YORK, NY
Gted Lndr JPMORGAN CHASE BANK, NEW YORK, NY
Obligor CATERPILLAR, PEORIA, IL

Product Description: MINING, CONSTRUCTION AND ENGINE EQUIPMENT
Ex-Im Bank Liability (Millions) $20+

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

ITEM NO 6
Country Review - Request for changes to the Country Limitation Schedule(CLS) to be effective August 30, 2013.
Board Decision: APPROVED. Chairman Hochberg, Vice Chair McAdams and Director Loui all voted in favor of the changes. Director Mulvaney voted against.

ITEM NO 7
Country Review - Request for a formal administrative hold to be effective August 30, 2013.
Board Decision: APPROVED. Chairman Hochberg, Vice Chair McAdams, Director Mulvaney and Director Loui all voted in favor of the request.

ITEM NO 8A
Country MEXICO AP087912XX
Request for FINAL COMMITMENT

ApplicantPETROLEOS MEXICANOS, CIUDAD DE MEXICO, DISTRICT FEDERAL MEXICO
Borrower PETROLEOS MEXICANOS, CIUDAD DE MEXICO, DISTRICT FEDERAL MEXICO
Guarantor PEMEX REFINACION S.A. DE C.V., MEXICO, DF MEXICO
Buyer PEMEX EXPLORACION Y PRODUCCION, VILLAHERMOSA, TABASCO 86030 MEXICO
End-userPEMEX EXPLORACION Y PRODUCCION, VILLAHERMOSA, TABASCO 86030 MEXICO
ExporterDIAMOND OFFSHORE DRILLING SVCS, HOUSTON TX
ExporterALLIS-CHALMERS TUBULAR SERVICES INC, EDINBURG TX
ExporterSEE ADDITIONAL EXPORTERS
SupplierDIAMOND OFFSHORE DRILLING SVCS, HOUSTON TX
SupplierVARIOUS - UNITED STATES SUPPLIERS, UNKNOWN DC
SupplierSEE ADDITIONAL SUPPLIERS
Gted Lndr FINANCIAL INSTITUTION ACCEPTABLE TO EIB, UNKNOWN ZZ

Project Name PEP
Project Description OIL & GAS PRODUCTION
Product Description UP-STREAM & EXPLORATION PROJECTS OF PEP
Financed Amount $1,300,000,000
Repayment Term 10 YEARS

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

ITEM NO 8B
Country MEXICO AP087913XX
Request for FINAL COMMITMENT

ApplicantPETROLEOS MEXICANOS, CIUDAD DE MEXICO, DISTRICT FEDERAL MEXICO
BorrowerPETROLEOS MEXICANOS, CIUDAD DE MEXICO, DISTRICT FEDERAL MEXICO
Guarantor PEMEX EXPLORACION Y PRODUCCION, VILLAHERMOSA, TABASCO 8 MEXICO
Guarantor PEMEX REFINACION S.A. DE C.V., MEXICO, DF MEXICO
Buyer PEMEX EXPLORACION Y PRODUCCION, VILLAHERMOSA, TABASCO 86030 MEXICO
End-userPEMEX EXPLORACION Y PRODUCCION, VILLAHERMOSA, TABASCO 86030 MEXICO
ExporterVARIOUS EXPORTERS, UNKNOWN AL
ExporterIPS INTERNATIONAL, HOUSTON TX
SupplierIPS INTERNATIONAL, HOUSTON TX
Gted Lndr FINANCIAL INSTITUTION ACCEPTABLE TO EIB, UNKNOWN ZZ

Project Name NONE
Project Description OIL & GAS PRODUCTION - SMALL BUS FACILIT
Product Description UP-STREAM & EXPLORATION PROJECTSOF PEP
Financed Amount $200,000,000
Repayment Term 10 YEARS

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