Summary of the Meeting of the Board of Directors

September 19, 2013 December 31, 1969

Completed

Agenda

I. OPEN: NONE


II. CLOSED:
TRANSPORATION DIVISION
Congressional Review - Expiry Date: 09-18-13
1. COUNTRY: LUXEMBOURG - AP088133XX
FOREIGN BUYER: SPV/Cargolux Airlines International, S.A.
END-USER: Cargolux Airlines International, S.A.
PRODUCTS: Aircraft
See Item No. 6 on the 08-15-13 Agenda. Also see Addendum.


Congressional Review - Expiry Date: 09-18-13
2. COUNTRY: AUSTRALIA - AP087980XX
FOREIGN BUYER: SPV/ Qantas Airways Ltd.
END-USER: Jetstar Airways Limited
PRODUCTS: Aircraft
See Item No. 7 on the 08-15-13 Agenda. Also see Addendum.


Public Notice Expiry Date: 8-19-13
3. COUNTRY: NORWAY - AP088035XX
FOREIGN BUYER: SPV/Norwegian Air Shuttle ASA
END USER: Norwegian Air Shuttle ASA
PRODUCTS: Aircraft

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 1:00 PM on Thursday, September 19, 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
Summary of Minutes

ITEM NO 1
Country LUXEMBOURG AP088133XX
Request for FINAL COMMITMENT


ApplicantCARGOLUX AIRLINES INTERNATIONAL S.A., FINDEL 1110 LUXEMBOURG
Borrower SPV/CARGOLUX AIRLINES INTERNATIONAL SA, LUXEMBOURG LUXEMBOURG
Buyer SPV/CARGOLUX AIRLINES INTERNATIONAL SA, LUXEMBOURG LUXEMBOURG
End-userCARGOLUX AIRLINES INTERNATIONAL S.A., FINDEL 1110 LUXEMBOURG
ExporterBOEING COMPANY, THE, EVERETT WA
SupplierBOEING COMPANY, THE, EVERETT WA
SupplierGENERAL ELECTRIC COMPANY, CINCINNATI OH
SupplierVARIOUS - UNITED STATES SMALL SUPPLIERS, UNKNOWN DC
Gted Lndr BNP PARIBAS, PARIS 75009 FRANCE
Lessor SPV/CARGOLUX AIRLINES INTERNATIONAL SA, LUXEMBOURG LUXEMBOURG
Lessee CARGOLUX AIRLINES INTERNATIONAL S.A., FINDEL 1110 LUXEMBOURG


Project Name NONE
Project Description AIR TRANSPORTATION
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 AUSTRALIA AP087980XX
Request for FINAL COMMITMENT


ApplicantQANTAS AIRWAYS LTD, MASCOT, NSW 2020 AUSTRALIA
BorrowerSPV/QANTAS AIRWAYS LTD., MASCOT, NSW 2020 AUSTRALIA
Buyer SPV/QANTAS AIRWAYS LTD., MASCOT, NSW 2020 AUSTRALIA
End-userJETSTAR AIRWAYS LIMITED, MASCOT AUSTRALIA
Exporter BOEING COMPANY, THE, EVERETT WA
SupplierBOEING COMPANY, THE, EVERETT WA
SupplierGENERAL ELECTRIC COMPANY, CINCINNATI OH
Supplier VARIOUS - UNITED STATES SMALL SUPPLIERS, UNKNOWN DC
Gted Lndr JPMORGAN CHASE BANK, NEW YORK, NEW YORK
LessorQANTAS AIRWAYS LTD, MASCOT, NSW 2020 AUSTRALIA
LessorSPV/QANTAS AIRWAYS LTD, MASCOT, NSW 2020 AUSTRALIA
LesseeQANTAS AIRWAYS LTD, MASCOT, NSW 2020 AUSTRALIA
LessorJETSTAR AIRWAYS LIMITED, MASCOT, AUSTRALIA
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 McAdams, Director Mulvaney and Director Loui all voted in favor of the transaction.



ITEM NO 3
Country NORWAY AP088035XX
Request for FINAL COMMITMENT


ApplicantNORWEGIAN AIR SHUTTLE ASA, FORNEBU, AKERSHUS 1330 NORWAY
BorrowerSPV/NORWEGIAN AIR SHUTTLE ASA, 1330 FORNEBU NORWAY
Buyer SPV/NORWEGIAN AIR SHUTTLE ASA, 1330 FORNEBU NORWAY
End-userNORWEGIAN AIR SHUTTLE ASA, FORNEBU, AKERSHUS 1330 NORWAY
Exporter BOEING COMPANY, THE, EVERETT WA
SupplierBOEING COMPANY, THE, EVERETT WA
SupplierVARIOUS - UNITED STATES SMALL SUPPLIERS, UNKNOWN DC
Gtd Lndr GOLDMAN, SACHS & CO, NEW YORK NY
Gtd Lndr CREDIT AGRICOLE, NEW YORK NY
Gtd Lndr BNP PARIBAS, 75450 PARIS, CEDEX 09 FRANCE
Lessor SPV/NORWEGIAN AIR SHUTTLE ASA, 1330 FORNEBU NORWAY
LesseeNORWEGIAN AIR SHUTTLE ASA, FORNEBU, AKERSHUS 1330 NORWAY
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: REFERRED to US Congress. Chairman Hochberg, Vice Chair McAdams, Director Mulvaney and Director Loui all voted in favor of the referral.