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Summary/Agenda of the Meeting of the Board of Directors

Thursday, February 6, 2014
 
Completed

1.Minutes of December 12, 2013 Board
Meeting to be approved

TRANSPORATION DIVISION
2A.COUNTRY: KENYA AP088412XX
FOREIGN
BUYER: SPV/Kenya Airways, Ltd.
END-USER:
Kenya Airways, Ltd.
PRODUCTS: Aircraft

2B.COUNTRY: KENYA AP088412XA
FOREIGN
BUYER: SPV/Kenya Airways, Ltd.
END-USER:
Kenya Airways, Ltd.
PRODUCTS: Aircraft

2C.COUNTRY: KENYA AP088412XB
FOREIGN
BUYER: SPV/Kenya Airways, Ltd.
END-USER:
Kenya Airways, Ltd.
PRODUCTS: Aircraft

2D.COUNTRY: KENYAPC088413XX
FOREIGN
BUYER: SPV/Kenya Airways, Ltd.
END-USER:
Kenya Airways, Ltd.
PRODUCTS: Aircraft

TRADE FINANCE
DIVISION

3.COUNTRY: MEXICOPolicy No. FB 577651 (Renewal)
BUYER/END-USER:
Gunderson-Gimsa, S. A. de C.V.
PRODUCTS: Steel, Steel Products, Wheel Couplings,
Braking Systems and Related Parts TOTAL CREDIT LIMIT AMOUNT: $20,000,000

4.COUNTRY: MEXICO Policy No. FIBC 576161
(Renewal)
BUYER/OBLIGOR: Comercializadora
Portimex, S.A. de C.V.
PRODUCTS: Agricultural Commodities
TOTAL CREDIT LIMIT AMOUNT: $15,000,000

CERTIFICATION FOR CLOSURE OF MEETING

I, Andrea Q.
Bernardo, Assistant General Counsel for Administration, hereby certifythat in my opinion the Meeting of
the Board of Directors scheduled for 8:30 AM on Thursday,February 6, 2014, 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: Monday, February 3, 2014

ITEM NO 1
Minutes of December 12, 2013 Board Meeting
for consideration and approval.
Motion was made, seconded and approved
to amend the minutes.
Board Decision:MINUTES APPROVED AS AMENDED.Chairman Hochberg, Director Mulvaney and
Director Loui all voted in favor of the amended minutes.

ITEM
NO 2A
Country
KENYA AP088412XX
Request
for FINAL COMMITMENT
ApplicantKENYA AIRWAYS LTD, Nairobi
Borrower
SPV/KENYA AIRWAYS LTD, Nairobi
Buyer
SPV/KENYA
AIRWAYS LTD, Nairobi
End-userKENYA
AIRWAYS LTD, Nairobi
Exporter
BOEING COMPANY, THE, Everett WA
SupplierBOEING
COMPANY, THE, Everett WA
Supplier
GENERAL ELECTRIC TRANSPORTATION,
Cincinnati OH
SupplierVARIOUS
US SMALL BUSINESSES, Washington DC
Gtd
LenderJPMORGAN CHASE BANK, NATIONAL
ASSOCIATIO, New York NY
Gtd
LenderCITICORP NORTH AMERICA, INC.,
New York NY
Cofin
ECANIPPON EXPORT AND INVESTMENT
INSURANCE, Chiyoda-Ku JAPAN
Project
Name NONE
Project
Description AIRCRAFT
Product
Description AIRCRAFT MANUFACTURING
Board Decision:TRANSCTION REFERED TO CONGRESS.Chairman Hochberg, Director Mulvaney and Director Loui all voted in
favor of the referral.

ITEM
NO 2B
Country
KENYA AP088412XA
Request
for FINAL COMMITMENT
ApplicantKENYA AIRWAYS LTD, Nairobi
Borrower
SPV/KENYA AIRWAYS LTD, Nairobi
Buyer
SPV/KENYA AIRWAYS LTD, Nairobi
End-userKENYA
AIRWAYS LTD, Nairobi
Exporter
BOEING COMPANY, THE, Everett WA
SupplierBOEING
COMPANY, THE, Everett WA
Supplier
GENERAL ELECTRIC TRANSPORTATION,
Cincinnati OH
SupplierVARIOUS
US SMALL BUSINESSES, Washington DC
Gtd
LenderJPMORGAN CHASE BANK, NATIONAL
ASSOCIATIO, New York NY
Gtd
LenderCITICORP NORTH AMERICA, INC.,
New York NY
Cofin
ECANIPPON EXPORT AND INVESTMENT
INSURANCE, Chiyoda-Ku JAPAN
Project
Name NONE
Project
Description AIRCRAFT
Product
Description AIRCRAFT MANUFACTURING
Board Decision:TRANSCTION REFERED TO CONGRESS.Chairman
Hochberg, Director Mulvaney and Director Loui all voted in favor of the
referral.

ITEM
NO 2C
Country
KENYA AP088412XB
Request
for FINAL COMMITMENT
ApplicantKENYA AIRWAYS LTD, Nairobi
BorrowerSPV/KENYA AIRWAYS LTD, Nairobi
BuyerSPV/KENYA
AIRWAYS LTD, Nairobi
End-userKENYA
AIRWAYS LTD, Nairobi
ExporterGENERAL ELECTRIC AVIATION, Cincinnati
OH
ExporterGENERAL ELECTRIC AVIATION, Cincinnati
OH
Exporter
BOEING COMPANY, THE, Everett WA
Supplier
GENERAL ELECTRIC AVIATION,
Cincinnati OH
SupplierGENERAL ELECTRIC AVIATION, Cincinnati
OH
SupplierBOEING
COMPANY, THE, Everett WA
Supplier
VARIOUS US SMALL BUSINESSES,
Washington DC
Gtd
LenderJPMORGAN CHASE BANK, NATIONAL
ASSOCIATIO, New York NY
Gtd
LenderCITICORP NORTH AMERICA, INC.,
New York NY
Cofin
ECANIPPON EXPORT AND INVESTMENT
INSURANCE, Chiyoda-Ku JAPAN
Project
Name NONE
Project
Description AIRCRAFT
Product
Description AIRCRAFT MANUFACTURING
Board Decision:TRANSCTION REFERED TO CONGRESS.Chairman Hochberg, Director Mulvaney and Director Loui all voted in
favor of the referral.

ITEM
NO 2D
Country
KENYA PC088413XX
Request
for FINAL COMMITMENT
ApplicantKENYA AIRWAYS LTD, Nairobi
BorrowerSPV/KENYA AIRWAYS LTD, Nairobi
BuyerSPV/KENYA
AIRWAYS LTD, Nairobi
End-userKENYA
AIRWAYS LTD, Nairobi
Exporter
BOEING COMPANY, THE, Everett WA
Supplier
GENERAL ELECTRIC AVIATION,
Cincinnati OH
SupplierGENERAL ELECTRIC AVIATION, Cincinnati
OH
SupplierBOEING
COMPANY, THE, Everett WA
Supplier
VARIOUS US SMALL BUSINESSES,
Washington DC
Gtd
LenderJPMORGAN CHASE BANK, NATIONAL
ASSOCIATIO, New York NY
Gtd
LenderCITICORP NORTH AMERICA, INC.,
New York NY
Cofin
ECANIPPON EXPORT AND INVESTMENT
INSURANCE, Chiyoda-Ku JAPAN
Project
Name NONE
Project
Description AIRCRAFT
Product
Description AIRCRAFT MANUFACTURING
Board Decision:TRANSCTION REFERED TO CONGRESS.Chairman Hochberg, Director Mulvaney and Director Loui all voted in
favor of the referral.

ITEM
NO 3

Country MEXICO Policy #: FB-577651
Financial
Institution Buyer Credit
InsuredHencorp Becstone LC, Miami, FL
Buyer/ObligorGunderson-Gimsa, S.A. de C.V., Frontera, Coahuila, Mexico
End-UserGunderson-Gimsa,
S.A. de C.V., Frontera, Coahuila, Mexico
GuarantorsThe
Greenbriar Companies, Inc, (GBX) of Lake Oswego, OR
Gunderson, LLC of Portland, OR
Other
Guarantors
ExportersNucor
Steel, Inc. of Tuscaloosa, AL
Miner
Enterprises, Inc. of Geneva, IL
Arcelor
Mittal of Chicago, IL
SuppliersNucor
Steel, Inc. of Tuscaloosa, AL
Miner
Enterprises, Inc. of Geneva, IL
Arcelor
Mittal of Chicago, IL
BrokerIRC Group,
Columbus, OH
ProductsSteel, Steel Products, Wheel Couplings, Braking
Systems,and Related Parts
Ex-Im Bank Liability (Millions) $5 - $20
Board Decision:TRANSCTION APPROVED.Chairman
Hochberg, Director Mulvaney and Director Loui all voted in favor of the
approving the transaction.

ITEM
NO 4
Country MEXICO Policy #: FB-576161
Financial
Institution Buyer Credit
InsuredEspirito Santo Bank, Miami, FL
Borrower/Obligor Comercializadora Portimex, S.A. de
C.V.,Mexico, D.F. Mexico
BuyerComercializadora
Portimex, S.A. de C.V., Mexico, D.F. Mexico
GuarantorsFransciso Javier Sobrino Bracamontes,
Consorcio Granelero de Tuxpam,
S.A. de C.V.
Other Guarantors
ExportersCHS,
Inc, Inner Grove Heights, MN
Louis Dreyfus corporation, Wilton,
CT
BrokerJohnstone Downey Klein, Inc.,
Columbus, OH
ProductsBulk Agriculural Commondities
Ex-Im Bank Liability (Millions) $5 - $20
Board Decision:TRANSCTION APPROVED.Chairman
Hochberg, Director Mulvaney and Director Loui all voted in favor of the
approving the transaction.