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Summary/Agenda of the Meeting of the Board of Directors

Thursday, December 18, 2014
 
Completed

I. OPEN: NONE

II. CLOSED:

TRANSPORTATION DIVISION

1. COUNTRY: NIGERIA - PC088151XX
FOREIGN BUYER: SPV/Arik Air Limited
END USER: Arik Air Limited
PRODUCTS: Aircraft

2A. COUNTRY: MEXICO - AP087967XA
FOREIGN BUYER: SPV/Aerovias de Mexico, S.A. de C.V.
END USER: Aerovias de Mexico, S.A. de C.V.
PRODUCTS: Aircraft

2B. COUNTRY: MEXICO - AP082367XC
FOREIGN BUYER: Aerovias de Mexico, S.A. de C.V.
PRODUCTS: Aircraft

3. COUNTRY: NIGERIA - AP088906XX
FOREIGN BUYER: SPV/Azikel Air Ltd.
END USER: Azikel Air Limited
PRODUCTS: Aircraft

STRUCTURED PROJECT FINANCE

4. COUNTRY: CHINA - AP087510XX
FOREIGN BUYER: Org Packaging Co., Ltd
END-USER: Various Chinese Companies, China (Mainland)
END-USER: Zhejiang Org, China (Mainland)
END-USER: Shandong Org, China (Mainland)
END-USER: Guangdong Org, China (Mainland)
END-USER: Guangxi Org, China (Mainland)
END-USER: Longkou Org, China (Mainland)
PRODUCTS: Aluminum Can Manufacturing
TOTAL FINANCED AMOUNT: $97,101,354

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 will disclose information of the kind set forth in Subsection (4) of Section 552b(c), Title 5 of the United States Code. This meeting will be held at 9:30 AM on Thursday, December 18, 2014, at The Export-Import Bank of the United States, 811 Vermont Avenue, NW, Washington, DC.

Accordingly, such meeting may be closed to the public.

Andrea Q. Bernardo
Assistant General Counsel

Date Posted: Friday, December 12, 2014

ITEM NO 1
Country NIGERIA PC088151XX
Request for PRELIMINARY COMMITMENT

Applicant ARIK AIR LIMITED, Ikeja NIGERIA
Borrower SPV/ARIK AIR LIMITED, Ikeja NIGERIA
Buyer SPV/ARIK AIR LIMITED, Ikeja NIGERIA
End-user ARIK AIR LIMITED, Ikeja NIGERIA
Exporter BOEING COMPANY, THE, Renton WA
Exporter BOEING COMPANY, THE, Everett WA
Exporter GENERAL ELECTRIC AVIATION, Cincinnati OH
Supplier BOEING COMPANY, THE, RentonWA
Supplier BOEING COMPANY, THE, Everett WA
Supplier GENERAL ELECTRIC AVIATION, Cincinnati OH
Gtd Lndr FINANCIAL INSTITUTION ACCEPTABLE TO EIB, N/A
Lessor SPV/ARIK AIR LIMITED, Ikeja NIGERIA
Lessee ARIK AIR LIMITED, Ikeja NIGERIA

Project Name NONE
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
Repayment Term 10 YEARS

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

ITEM NO 2A
Country MEXICO AP087967XA
Request for FINAL COMMITMENT

Applicant AEROVIAS DE MEXICO, S.A. DE C.V., Mexico Df 06500 MEXICO
Borrower SPV/AEROVIAS DE MEXICO SA DE CV, Mexico, Distritio F 06500 MEXICO
Buyer SPV/AEROVIAS DE MEXICO SA DE CV, Mexico, Distritio F 06500 MEXICO
End-user AEROVIAS DE MEXICO, S.A. DE C.V., Mexico Df 06500 MEXICO
Exporter BOEING COMPANY, THE, Everett WA
Supplier VARIOUS US SMALL BUSINESSES, Washington DC
Supplier BOEING COMPANY, THE, Everett WA
Supplier GENERAL ELECTRIC AVIATION, Cincinnati OH
Gtd Lndr JPMORGAN CHASE BANK, N.A., New York NY
Gtd Lndr HSBC USA, INC., New York NY
Lessor SPV/AEROVIAS DE MEXICO SA DE CV, Mexico, Distritio F 06500 MEXICO
Lessee AEROVIAS DE MEXICO, S.A. DE C.V., Mexico Df 06500 MEXICO
Cntl Sponsor GRUPO AEROMEXICO S.A.B. DE C.V., Col. Cuauhtemoc C.P. 06500 MEXICO

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 voted in favor of the approving the transaction.

ITEM NO 2B
Country MEXICO AP082367XC
Request for FINAL COMMITMENT

Applicant AEROVIAS DE MEXICO, S.A. DE C.V., Mexico Df 06500 MEXICO
Borrower AEROVIAS DE MEXICO, S.A. DE C.V., Mexico Df 06500 MEXICO
Buyer AEROVIAS DE MEXICO, S.A. DE C.V., Mexico Df 06500 MEXICO
End-user AEROVIAS DE MEXICO, S.A. DE C.V., Mexico Df 06500 MEXICO
Exporter VARIOUS US COMPANIES, Washington DC
Supplier VARIOUS US COMPANIES, Washington DC
Gtd Lndr BANCO NACIONAL DE MEXICO, S.A., Mexico IF

Project Name NONE
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
Repayment Term 2 YEARS

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

ITEM NO 3
Country NIGERIA AP088906XX
Request for FINAL COMMITMENT

Applicant AZIKEL AIR LIMITED, Abuja BY
Borrower SPV/AZIKEL AIR LTD, Abuja FC
Buyer SPV/AZIKEL AIR LTD, Abuja FC
End-user AZIKEL AIR LIMITED, Abuja BY
Exporter GULFSTREAM AEROSPACE CORPORATION, Savannah GA
Supplier GULFSTREAM AEROSPACE CORPORATION, Savannah GA
Supplier VARIOUS US SMALL BUSINESSES, Washington DC
Gtd Lndr APPLE BANK FOR SAVINGS, New York NY
PSOR AZIKEL DREDGING NIGERIA LIMITED, Abuja AB

Project Name NONE
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
Repayment Term 7 YEARS

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

ITEM NO 4
Country CHINA AP087510XX
Request for FINAL COMMITMENT

Applicant CITIBANK, N.A., New York NY
Borrower ORG INTERNATIONAL HOLDINGS LIMITED, Tikoktsui, Kowloon Hong Kong
Guarantor ORG PACKAGING CO. LTD., Jian Guo Mei Wai, Beijng, CHINA(MAINLAND
Buyer ORG PACKAGING CO. LTD., Jian Guo Mei Wai, Beijng, CHINA(MAINLAND
End User VARIOUS CHINESE COMPANIES, CHINA(MAINLAND)
End User ZHEJIANG ORG, CHINA(MAINLAND)
End-user ADDITIONAL END-USERS
Exporter STOLLE MACHINERY COMPANY LLC, Centennial CO
Exporter BELVAC PRODUCTION MACHINERY, INC., Lynchburg VA
Exporter ADDITIONAL EXPORTERS
Supplier STOLLE MACHINERY COMPANY LLC, Centennial CO
Supplier BELVAC PRODUCTION MACHINERY, INC., Lynchburg VA
Supplier ADDITIONAL SUPPLIERS
Gtd Lndr CITIBANK, N.A., New York NY

Project Name ORG PACKAGING - 2 PIECE BEVERAGE CANS
Project Description ALUMINUM CAN MANUFACTURING PLANT
Product Description TWO-PIECE CAN PRODUCTION LINE
Financed Amount $ 97,101,354
Repayment Term 7 YEARS

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