Summary of the Meeting of the Board of Directors

June 12, 2014 December 31, 1969

Completed

I. OPEN: NONE

II. CLOSED:
1. Minutes of May 29, 2014 Board Meeting to be approved

TRANSPORTATION DIVISION
2. COUNTRY: CHILE - AP088724XX
FOREIGN BUYER: SPV/LATAM Airlines Group S.A.
END USER: LATAM Airlines Group, S.A.
PRODUCTS: Aircraft

WORKING CAPITAL DIVISION
3. Working Capital Guarantee No. AP085546XC
OBLIGOR: CNH Industrial America LLC
PRODUCTS: Farm and Construction Equipment
EXIMBANK LIABILITY: $90,000,000


STRUCTURED FINANCE DIVISION
4. COUNTRY: NETHERLANDS - AP088272XX
FOREIGN BUYER: Energyst Group Services, B.V.
PRODUCTS: Fossil Fuel Electric Power Generation
TOTAL FINANCED AMOUNT: $16,743,302
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 Thursday, June 12, 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
ITEM NO 1 Minutes of May 29, 2014 Board Meeting for consideration and approval.
Board Decision: MINUTES APPROVED. Chairman Hochberg, Director Mulvaney and Director Loui all voted in favor of the minutes. Vice Chair Felton was not present for this item.


ITEM NO 2
Country CHILE AP088724XX
Request for FINAL COMMITMENT

Applicant LATAM AIRLINES GROUP S.A., Las Condes GS
Borrower SPV/LATAM AIRLINES GROUP S.A., Las Condes, Santiago
Buyer SPV/LATAM AIRLINES GROUP S.A., Las Condes, Santiago
End-user LATAM AIRLINES GROUP S.A., Las Condes GS
Exporter BOEING COMPANY, THE , Everette, WA
Supplier VARIOUS US SMALL BUSINESSES, Washington DC
Supplier BOEING COMPANY, THE , Everette, WA
Gtd Lndr CITIBANK, N.A., New York NY
Lessor SPV/LATAM AIRLINES GROUP S.A., Las Condes, Santiago
Lessee LATAM AIRLINES GROUP S.A., Las Condes GS
Cofin ECA NIPPON EXPORT AND INVESTMENT INSURANCE (NEXI), CHIYODA-KU JAPAN

Project Name NONE
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
Repayment Term 12 YEARS
Board Decision: TRANSCTION APPROVED. Chairman Hochberg, Vice Chair Felton, Director Mulvaney and Director Loui all voted in favor of the approving the transaction.


ITEM NO 3
Working Capital Guarantee No. AP085546XC
Request for Renewal

Applicant CITIBANK, N.A., New York NY
Gtd Lndr CITIBANK, N.A., New York NY
Borrower CNH INDUSTRIAL AMERICA LLC, Burr Ridge IL
Product Description FARM & CONSTRUCTION EQUIPMENT
Ex-Im Bank Liability (Millions) $20+
Board Decision: TRANSCTION APPROVED. Chairman Hochberg, Vice Chair Felton,
Director Mulvaney and Director Loui all voted in favor of the approving the transaction


ITEM NO 4
Country NETHERLANDS AP088272XX
Request for FINAL COMMITMENT

Applicant RABOBANK INTERNATIONAL, Utrecht UT
Borrower ENERGYST GROUP SERVICES B.V., Breda NB
Guarantor ENERGYST B.V., Breda NB
Buyer ENERGYST GROUP SERVICES B.V., Breda NB
End-user ENERGYST GROUP SERVICES B.V., Breda NB
Exporter CATERPILLAR, INC, Peoria IL
Supplier CATERPILLAR, INC, Peoria IL
Supplier VARIOUS US SMALL BUSINESSES, Washington DC
Gtd Lndr RABOBANK INTERNATIONAL, Utrecht UT

Project Name ENERGYST IPP
Project Description DIESEL AND GAS ELECTRIC POWER GENERATION
Product Description FOSSIL FUEL ELECTRIC POWER GENERATION

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