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Summary/Agenda of the Meeting of the Board of Directors

Thursday, October 30, 2014
 
Completed

CREDIT MANAGEMENT GROUP
1. Budget Cost level 8 Cover Policy

TRANSPORATION DIVISION
2. COUNTRY: CANADA - AP088514XX (Conversion No. 1)
FOREIGN BUYER: SPV/Air Canada
END-USER: Air Canada
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 9:30 AM on Thursday, October 30, 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, October 27, 2014

ITEM NO 1 Budget Cost level 8 Cover Policy
Board Decision: DEFERRED. Chairman Hochberg, Vice Chair Felton, Director Mulvaney and Director Loui all voted in favor of deferring the discussion.

ITEM NO 2
Country CANADA AP088514XX (Conversion No. 1)
Request for FINAL COMMITMENT
Applicant AIR CANADA, Saint-Laurent QC
Borrower SPV/AIR CANADA, Saint Laurent QC
Buyer SPV/AIR CANADA, Saint Laurent QC
End-user AIR CANADA, Saint-Laurent QC
Exporter BOEING COMPANY, THE, North Charleston, SC
Supplier VARIOUS - US SMALL BUSINESSES, Washington DC
Supplier GENERAL ELECTRIC AVIATION, Cincinnati OH
Supplier BOEING COMPANY, THE, Charleston SC
Gtd Lender TORONTO-DOMINION BANK, THE, Houston TX
Lessor SPV/AIR CANADA, Saint Laurent QC
Lessee AIR CANADA, Saint-Laurent QC
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: TRANSACTION APPROVED. Chairman Hochberg, Vice Chair Felton, Director Mulvaney and Director Loui all voted in favor of approving the transaction.