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Summary/Agenda of the Meeting of the Board of Directors

Thursday, February 5, 2015
 
Completed

I. OPEN: NONE

II. CLOSED:

1. Minutes of January 15, 2015 Board Meeting to be approved

 

WORKING CAPITAL DIVISION
2. Working Capital Guarantee No. AP087642XA (Renewal)
OBLIGOR: Gaffney-Kroese Electrical Supply Corp
OBLIGOR: CJ Kroese Corp
OBLIGOR: Specialty Electric Supply
OBLIGOR: Rostek Supply Corp
OBLIGOR: RJJR Oil Field LLC
PRODUCTS: Electrical Wholesale Supplies
EX-IM BANK LIABILITY: $ 11,250,000

3. Working Capital Guarantee No. AP088953XX
OBLIGOR: Accelerant Technologies, LLC
 PRODUCTS: Consult Services for Nuclear Power Station
EXIMBANK LIABILITY: $1,152,000.00
 
TRANSPORTATION DIVISION
4. COUNTRY: NORWAY - AP088925XX
FOREIGN BUYER: SPV/Norwegian Air Shuttle ASA
END USER: Norwegian Air Shuttle ASA
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 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, February 5, 2015, 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, January 30, 2015

ITEM NO. 1 Minutes of January 15, 2015 Board Meeting for consideration and approval.
Board Decision: MINUTES APPROVED. Chairman Hochberg, Vice Chair Felton, Director Mulvaney and Director Loui all voted in favor of the minutes.


ITEM NO 2
Working Capital Guarantee No. AP087642XA (Renewal)
Request for FINAL COMMITMENT

Applicant   CITIBANK, N.A., Short Hills NJ
Gtd Lndr     CITIBANK, N.A., Short Hills NJ
Obligor      GAFFNEY-KROESE ELECTRICAL SUPPLY CORP., Somerset NJ
Obligor      CJ KROESE CORP, Somerset NJ
Obligor      SPECIALTY ELECTRIC SUPPLY, LLC, Somerset NJ
Obligor      ROSTEK SUPPLY CORP, Somerset NJ
Obligor      RJJR OIL FIELD LLC, Succasunna NJ
Guarantor  JOHN KROESE III, III, Somerset NJ
Guarantor  KROESE C. CHRISTOPHER UNKNOWN, Somerset NJ
Guarantor  JK & JK IRRV TRUST FBO JSK III, Tenafly NJ
Guarantor  JOHN S. KROESE III 2006 CHILDRENS TRUST, Old Tappan NJ
Guarantor  JK & JK IRRV TRUST FBO CCK, Tenafly NJ
Guarantor  CHRISTOPHER KROESE 2006 CHILDRENS TRUST, Pittstown NJ
Guarantor  2008 CHRISTOPHER C. KROESE FAMILY TRUST, Ho Ho Kus NJ
Guarantor  2008 JOHN S. KROESE III FAMILY TRUST, Ho Ho Kus NJ
Guarantor  TOP NOTCH SOLUTIONS, LLC, Houston TX

Product Description ELECTRICAL WHOLESALE SUPPLIES
Ex-Im Bank Liability (Millions) $5 - $20

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


ITEM NO 3
Working Capital Guarantee No. AP088953XX
Request for FINAL COMMITMENT

Applicant   KEY BANK NATIONAL ASSOCIATION, Cleveland OH
Gtd Lndr     KEY BANK NATIONAL ASSOCIATION, Cleveland OH
Obligor      ACCELERANT TECHNOLOGIES, LLC, Genoa OH
Guarantor  LARRY D. SANDERS, Genoa OH
Guarantor  GARY L. WYLIE, Bellevue OH
Guarantor  MICHAEL J. DOUCET, Temperance MI
Guarantor  SANDERS TECHNICAL SERVICES LLC, Genoa OH
Guarantor  WYLIE TECHNICAL SERVICES LLC, Bellevue OH
Guarantor  CROWN TECHNICAL SERVICES LLC, Temperance MI

Product Description CONSULT SERVICES FOR NUCLEAR POWER STATION
Ex-Im Bank Liability (Millions) $1 - $5

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


ITEM NO 4
Country NORWAY                                AP088925XX
Request for FINAL COMMITMENT

Applicant    NORWEGIAN AIR SHUTTLE ASA, Fornebu 02
Obligor     SPV/NORWEGIAN AIR SHUTTLE ASA, 1330 Fornebu
Buyer        SPV/NORWEGIAN AIR SHUTTLE ASA, 1330 Fornebu
End-user   NORWEGIAN AIR SHUTTLE ASA, Fornebu 02
Exporter    BOEING COMPANY, THE, Everett WA
Exporter    BOEING COMPANY, THE, Renton WA
Supplier     BOEING COMPANY, THE, Everett WA
Supplier     CFM INTERNATIONAL INC, Cincinnati OH
Supplier     BOEING COMPANY, THE, Renton WA
Supplier     VARIOUS US SMALL BUSINESSES, Washington DC
Supplier     ROLLS ROYCE PLC, UNITED KINGDOM
Gtd Lndr     SAS RUE LA BOETIE /DBA/ CREDIT AGRICOLE, FRANCE
Gtd Lndr     GOLDMAN SACHS GROUP INC., New York NY
Lessor       SPV/NORWEGIAN AIR SHUTTLE ASA, 1330 Fornebu
Lessee       DY9 AVIATION IRELAND LIMTED, Quay -D
Cofin ECA NIPPON EXPORT AND INVESTMENT INSURANCE (NEXI),CHIYODA-KU JAPAN

Project Name NONE
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT

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