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Summary/Agenda of the Meeting of the Board of Directors

Thursday, August 7, 2014
 
Completed

I. OPEN: NONE

II. CLOSED:
1. Minutes of July 14, 2014 Board Meeting to be approved

2. Minutes of July 17, 2014 Board Meeting to be approved

STRUCTURED FINANCE DIVISION
3. COUNTRY: PERU - AP087793XX
FOREIGN BUYER: PARQUE EOLICO TRES HERMANAS, S.A.C.
END USER: Parque Eolico Tres Hermanas, S.A.C.
PRODUCTS: Wind Turbines
TOTAL FINANCED AMOUNT: $52,344,072

4. COUNTRY: PERU - AP088334XX
FOREIGN BUYER: PARQUE EOLICO MARCONA, S.R.L.
END USERS: Parque Eolico Marcona, S.R.L.
PRODUCTS: Wind Turbines

TRANSPORTATION DIVISION
5. COUNTRY: PAKISTAN - AP088595XX
FOREIGN BUYER: PAKISTAN INTERNATIONAL AIRLINES CORPORATION
END USER: Pakistan International Airlines Corporation
PRODUCTS: Aircraft Engine Parts and Overhaul

TRADE FINANCE DIVISION
6. COUNTRY: ITALY - FB-587044
FOREIGN BUYER: FINMECCANICA S.P.A.
END USER: Alenia Aermacchi S.P.A.
PRODUCTS: Aircraft
TOTAL LIABILITY: $225,000,000

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, August 7, 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: Friday, August 1, 2014

ITEM NO 1 Minutes of July 14, 2014 Board Meeting for consideration and approval.
Board Decision: MINUTES APPROVED. Chairman Hochberg, Vice Chair Felton and Director Mulvaney all voted in favor of the minutes.

ITEM NO 2 Minutes of July 17, 2014 Board Meeting for consideration and approval.
Board Decision: MINUTES APPROVED. Chairman Hochberg, Vice Chair Felton and Director Mulvaney all voted in favor of the minutes.

ITEM NO 3
Country PERU AP088334XX
Request for FINAL COMMITMENT

Applicant PARQUE EOLICO MARCONA, S.R.L., Callao
Borrower PARQUE EOLICO MARCONA, S.R.L., Callao
Guarantor NONE
Buyer PARQUE EOLICO MARCONA, S.R.L., Callao
End-user PARQUE EOLICO MARCONA, S.R.L., Callao
Exporter INTERMARINE INC, New Orleans LA
Exporter SIEMENS ENERGY, INC., Orlando FL
Exporter ADDITIONAL EXPORTERS
Supplier INTERMARINE INC, New Orleans LA
Supplier SIEMENS ENERGY, INC., Orlando FL
Supplier ADDITIONAL SUPPLIERS
Gteed Lender NONE

Project Name MARCONA WIND PROJECT
Project Description MARCONA 32.1MW WINDFARM
Product Description WIND TURBINES
Financed Amount $12,428,611
Repayment Term 17 YEARS

Board Decision: TRANSACTION APPROVED. Chairman Hochberg and Vice Chair Felton voted in favor of approving the transaction. Director Mulvaney voted against.

ITEM NO 4
Country PERU AP087793XX
Request for FINAL COMMITMENT

Applicant PARQUE EOLICO TRES HERMANAS, S.A.C., Cercado De Lima IM
Borrower PARQUE EOLICO TRES HERMANAS, S.A.C., Cercado De Lima IM
Guarantor NONE
Buyer PARQUE EOLICO TRES HERMANAS, S.A.C., Cercado De Lima IM
End-user PARQUE EOLICO TRES HERMANAS, S.A.C., Cercado De Lima IM
Exporter SIEMENS ENERGY, INC., Orlando FL
Exporter INTERMARINE INC, New Orleans LA
Exporter ADDITIONAL EXPORTERS
Supplier SIEMENS ENERGY, INC., Orlando FL
Supplier INTERMARINE INC, New Orleans LA
Supplier ADDITIONAL SUPPLIERS
Gteed Lender NONE

Project Name TRES HERMANAS WIND PROJECT
Project Description TRES HERMANAS 97.15MW WIND FARM
Product Description WIND TURBINES
Financed Amount $ 52,344,072
Repayment Term 16 YEARS

Board Decision: TRANSACTION APPROVED. Chairman Hochberg and Vice Chair Felton voted in favor of approving the transaction. Director Mulvaney voted against.

ITEM NO 5
Country PAKISTAN AP088595XX
Request for FINAL COMMITMENT

Applicant PAKISTAN INTERNATIONAL AIRLINES CORPORAT, Karachi
Borrower PAKISTAN INTERNATIONAL AIRLINES CORPORAT, Karachi
Buyer PAKISTAN INTERNATIONAL AIRLINES CORPORAT, Karachi
End-user PAKISTAN INTERNATIONAL AIRLINES CORPORAT, Karachi
Exporter GE AVIATION, Cincinnati OH
Supplier VARIOUS US SMALL BUSINESSES, Washington DC
Supplier GE AVIATION, Cincinnati OH
Gteed Lender CITIBANK, N.A., New York NY
Project Description AIRCRAFT ENGINE MAINTENANCE
Product Description ENGINE REFURBISHMENT
Repayment Term 2 YEARS

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

ITEM NO 6 WITHDRAWN