Facebook pixel

Summary/Agenda of the Meeting of the Board of Directors

Thursday, August 21, 2014
 
Completed

I. OPEN: NONE

II. CLOSED:
TRANSPORTATION DIVISION
1. COUNTRY: AUSTRALIA AP088835XX
FOREIGN BUYER: SPV / Virgin Australia Airlines
END-USER: Virgin Australia Airlines
PRODUCTS: Aircraft

2. COUNTRY: ETHIOPIA - AP088866XX
FOREIGN BUYER: SPV/ Ethiopian Airlines SC
END USER: Ethiopian Airlines Enterprise SC
PRODUCTS: Aircraft

3A. COUNTRY: COLOMBIA - AP088876XX
FOREIGN BUYER: SPV/AVIANCA HOLDINGS
END USER: Avianca
PRODUCTS: Aircraft

3B. COUNTRY: COLOMBIA - PC088879XX
FOREIGN BUYER: SPV/AVIANCA HOLDINGS
END USER: Avianca
PRODUCTS: Aircraft

TRADE FINANCE DIVISION
4. COUNTRY: MEXICO - AP088218XX
FOREIGN BUYER: Navistar Financial, S.A. de C.V.
PRODUCTS: Transmissions, Valves & Oil coolers
TOTAL FINANCED AMOUNT: $41,320,000

STRUCTURED PROJECT FINANCE
5. COUNTRY: UNITED KINGDOM - AP088346XX
FOREIGN BUYER: VIASAT TCHNOLOGIES LIMITED
PRODUCTS: Geosynchronous Satellite
TOTAL FINANCED AMOUNT: $533,511,829

6A. COUNTRY: MEXICO - AP088773XX
FOREIGN BUYER: Pemex Exploracion y Produccion
PRODUCTS: Exploration Projects
TOTAL FINANCED AMOUNT: $800,000,000

6B. COUNTRY: MEXICO - AP088774XX
FOREIGN BUYER: Pemex Exploracion y Produccion
PRODUCTS: Exploration Projects
TOTAL FINANCED AMOUNT: $200,000,000

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 21, 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 22, 2014

ITEM NO 1
Country AUSTRALIA AP088835XX
Request for FINAL COMMITMENT

Applicant VIRGIN AUSTRALIA INTERNATIONAL AIRLINES, Bowen Hills AUSTRALIA
Borrower SPV/VIRGIN AUSTRALIA AIRLINES, Bowen Hills AUSTRALIA
Buyer SPV/VIRGIN AUSTRALIA AIRLINES, Bowen Hills AUSTRALIA
End-user VIRGIN AUSTRALIA INTERNATIONAL AIRLINES, Bowen Hills AUSTRALIA
Exporter BOEING COMPANY, THE, Renton WA
Supplier BOEING COMPANY, THE, Renton WA
Supplier VARIOUS US SMALL BUSINESSES, Washington DC
Supplier CFM INTERNATIONAL INC, Cincinnati OH
Gteed Lndr TD BANK, N.A., Mount Laurel NJ
Lessor SPV/VIRGIN AUSTRALIA AIRLINES, Bowen Hills AUSTRALIA
Lessee VIRGIN AUSTRALIA INTERNATIONAL AIRLINES, Bowen Hills AUSTRALIA

Project Name VIRGIN AUSTRALIA AIRLINES
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 transaction.

ITEM NO 2
Country ETHIOPIA AP088866XX
Request for FINAL COMMITMENT

Applicant ETHIOPIAN AIRLINES ENTERPRISE SC, Addis Ababa ETHIOPIA
Borrower SPV/ETHIOPIAN AIRLINES SC, Addis Ababa ETHIOPIA
Buyer SPV/ETHIOPIAN AIRLINES SC, Addis Ababa ETHIOPIA
End-user ETHIOPIAN AIRLINES ENTERPRISE SC, Addis Ababa ETHIOPIA
Exporter BOEING COMPANY, THE, Everett WA
Supplier BOEING COMPANY, THE, Everett WA
Supplier GE AVIATION, Cincinnati OH
Supplier VARIOUS US SMALL BUSINESSES, Washington DC
Gteed Lndr FINANCIAL INSTITUTION ACCEPTABLE TO EIB, N/A
Lessor SPV/ETHIOPIAN AIRLINES SC, Addis Ababa ETHIOPIA
Lessee ETHIOPIAN AIRLINES ENTERPRISE SC, Addis Ababa ETHIOPIA

Project Name ETHIOPIAN AIRLINES
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT

Board Decision: TRANSCTION REFERED TO CONGRESS. Chairman Hochberg, Vice Chair Felton, Director Mulvaney and Director Loui all voted in favor of the referral.

ITEM NO 3A
Country COLOMBIA AP088876XX
Request for FINAL COMMITMENT

Applicant AVIANCA HOLDINGS S.A., Panama City
Borrower SPV/AVIANCA HOLDINGS, S.A., Panama City
Buyer SPV/AVIANCA HOLDINGS, S.A., Panama City
End-user AVIANCA S.A., Bogota COLOMBIA
Exporter BOEING COMPANY, THE, North Charleston SC
Supplier VARIOUS US SMALL BUSINESSES, Washington DC
Supplier BOEING COMPANY, THE, North Charleston SC
Gteed Lndr FINANCIAL INSTITUTION ACCEPTABLE TO EIB, N/A
Lessor SPV/AVIANCA HOLDINGS, S.A., Panama City
Lessee AVIANCA S.A., Bogota, Colombia
Cofin ECA NIPPON EXPORT AND INVESTMENT INSURANCE (NEXI), CHIYODA-KU JAPAN

Project Name NONE
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT

Board Decision: TRANSCTION REFERED TO CONGRESS. Chairman Hochberg, Vice Chair Felton, Director Mulvaney and Director Loui all voted in favor of the referral.

ITEM NO 3B
Country COLOMBIA PC088879XX
Request for PRELIMINARY COMMITMENT

Applicant AVIANCA HOLDINGS S.A., Panama City
Borrower SPV/AVIANCA HOLDINGS, S.A., Panama City
Buyer SPV/AVIANCA HOLDINGS, S.A., Panama City
End-user AVIANCA S.A., Bogota, COLOMBIA
Exporter BOEING COMPANY, THE, North Charleston SC
Supplier VARIOUS US SMALL BUSINESSES, Washington DC
Supplier BOEING COMPANY, THE, North Charleston SC
Gteed Lndr FINANCIAL INSTITUTION ACCEPTABLE TO EIB, N/A
Lessor SPV/AVIANCA HOLDINGS, S.A., Panama City
Lessee AVIANCA S.A., Bogota Colombia
Cofin ECA NIPPON EXPORT AND INVESTMENT INSURANCE (NEXI), CHIYODA-KU JAPAN

Project Name NONE
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT

Board Decision: TRANSCTION REFERED TO CONGRESS. Chairman Hochberg, Vice Chair Felton, Director Mulvaney and Director Loui all voted in favor of the referral.

ITEM NO 4
Country MEXICO AP088218XX
Request for FINAL COMMITMENT

Applicant CITIBANK, N.A., New York NY
Borrower NAVISTAR FINANCIAL, S.A. DE C.V.,SOFOM, Mexico, D.F. 11510 MEXICO
Guarantor NONE
Buyer NAVISTAR FINANCIAL, S.A. DE C.V.,SOFOM, Mexico, D.F. 11510 MEXICO
End-user NAVISTAR FINANCIAL, S.A. DE C.V.,SOFOM, Mexico, D.F. 11510 MEXICO
Exporter ALLISON TRANSMISSION INC, Indianapolis, IN
Exporter BENDIX COMMERCIAL VEHICLE SYSTEMS LLC, Huntington IN
Exporter ADDITIONAL EXPORTERS
Supplier ALLISON TRANSMISSION INC, Indianapolis, IN
Supplier BENDIX COMMERCIAL VEHICLE SYSTEMS LLC, Huntington IN
Supplier ADDITIONAL SUPPLIERS
Gteed Lndr CITIBANK, N.A., New York NY

Project Name NONE
Project Description TRUCK MANUFACTURING
Product Description TRANSMISSION, VALVES & OIL COOLERS
Financed Amount $41,432,000
Repayment Term 3 YEARS

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

ITEM NO 5
Country UNITED KINGDOM AP088346XX
Request for FINAL COMMITMENT

Applicant VIASAT, INC, Carlsbad CA
Borrower VIASAT TECHNOLOGIES LIMITED, Dorset, UNITED KINGDOM
Guarantor VIASAT, INC, Carlsbad CA
Buyer VIASAT TECHNOLOGIES LIMITED, Dorset, UNITED KINGDOM
End-user VIASAT TECHNOLOGIES LIMITED, Dorset, UNITED KINGDOM
Exporter BOEING SATELLITE SYSTEMS, INC., El Segundo CA
Exporter INTERNATIONAL SPACE BROKERS INC, Rosslyn VA
Exporter SPACE EXPLORATION TECHNOLOGIES CORP., Hawthorne CA
Supplier BOEING SATELLITE SYSTEMS, INC., El Segundo CA
Supplier INTERNATIONAL SPACE BROKERS INC, Rosslyn VA
Supplier SPACE EXPLORATION TECHNOLOGIES CORP., Hawthorne CA
Gteed Lndr JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, New York NY

Project Name NONE
Project Description VIASAT-2 SATELLITE
Product Description GEOSYNCHRONOUS SATELLITE

Board Decision: TRANSCTION REFERED TO CONGRESS. Chairman Hochberg, Vice Chair Felton, Director Mulvaney and Director Loui all voted in favor of the referral.

ITEM NO 6A
Country MEXICO AP088773XX
Request for FINAL COMMITMENT

Applicant PETROLEOS MEXICANOS, Mexico
Borrower PETROLEOS MEXICANOS, Mexico
Guarantor PEMEX-REFINACION, Mexico
Guarantor PEMEX-EXPLORACION Y PRODUCCION, Mexico
Guarantor PEMEX-GAS PETROQUIMICA BASICA, Mexcio
Buyer PEMEX-EXPLORACION Y PRODUCCION, Mexico
End-user PEMEX-EXPLORACION Y PRODUCCION, Mexico
Exporter SOLAR TURBINES INTERNATIONAL COMPANY, San Diego CA
Exporter DIAMOND OFFSHORE DRILLING SVCS, Houston TX
Exporter ADDITIONAL EXPORTERS
Supplier SOLAR TURBINES INTERNATIONAL COMPANY, San Diego CA
Supplier UNKNOWN VARIOUS, Washington DC
Supplier ADDITIONAL SUPPLIERS
Gteed Lndr FINANCIAL INSTITUTION ACCEPTABLE TO EIB, N/A

Project Name NONE
Project Description PEMEX OIL & GAS EXPLORATION & PRODUCTION
Product Description EXPLORATION PROJECTS

Board Decision: TRANSCTION REFERED TO CONGRESS. Chairman Hochberg, Vice Chair Felton, Director Mulvaney and Director Loui all voted in favor of the referral.

ITEM NO 6B
Country MEXICO AP088774XX
Request for FINAL COMMITMENT

Applicant PETROLEOS MEXICANOS, Mexico
Borrower PETROLEOS MEXICANOS, Mexico
Guarantor PEMEX-REFINACION, MEXICO
Guarantor PEMEX-EXPLORACION Y PRODUCCION, Mexico
Buyer PEMEX-EXPLORACION Y PRODUCCION, Mexico
End-user PEMEX-EXPLORACION Y PRODUCCION, Mexico
Exporter VARIOUS US SMALL BUSINESSES, Washington DC
Supplier UNKNOWN VARIOUS, Washington DC
Supplier VARIOUS US SMALL BUSINESSES, Washington DC
Gteed Lndr FINANCIAL INSTITUTION ACCEPTABLE TO EIB, N/A Mexico

Project Name NONE
Project Description PEMEX OIL & GAS EXPLORATION & PRODUCTION
Product Description EXPLORATION PROJECTS

Board Decision: TRANSCTION REFERED TO CONGRESS. Chairman Hochberg, Vice Chair Felton, Director Mulvaney and Director Loui all voted in favor of the referral.