Facebook pixel

Summary/Agenda of the Meeting of the Board of Directors

Thursday, February 26, 2015
 
Completed

I. OPEN: NONE

II. CLOSED:

TRANSPORTATION DIVISION
1. COUNTRY: ISRAEL – AP088933XX
FOREIGN BUYER: SPV/EL AL ISRAEL AIRLINES
END USER: El Al Israel Airlines
PRODUCTS: Aircraft

STRUCTURED FINANCE DIVISION
2. COUNTRY: INDONESIA – PC088168XX
FOREIGN BUYER: PT PLN (PERSERO), KEBAYORAN BARU, JAKARTA       
END USER: PT PLN (Persero), Kebayoran Baru, Jakarta Indonesia
PRODUCTS: Gas Turbines
TOTAL FINANCED AMOUNT: $105,991,823

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 26, 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: Thursday, February 19, 2015

ITEM NO 1
Country ISRAEL                                AP088933XX
Request for FINAL COMMITMENT

Applicant   EL AL ISRAEL AIRLINES, Tel-Aviv TA
Borrower     EL AL ISRAEL AIRLINES, Tel-Aviv TA
Borrower     SPV/EL AL ISRAEL AIRLINES, Tel Aviv
Buyer       SPV/EL AL ISRAEL AIRLINES, Tel Aviv
End-user     EL AL ISRAEL AIRLINES, Tel-Aviv TA
Exporter     BOEING COMPANY, THE, Renton WA
Supplier    BOEING COMPANY, THE, Renton WA
Supplier   CFM INTERNATIONAL INC, Cincinnati OH
Supplier     VARIOUS US SMALL BUSINESSES, Washington DC
Gtd Lndr     TORONTO-DOMINION BANK, THE, Toronto ON
Lessor       SPV/EL AL ISRAEL AIRLINES, Tel Aviv
Lessee       EL AL ISRAEL AIRLINES, Tel-Aviv TA

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 the transaction.

ITEM NO 2
Country INDONESIA                             PC088168XX
Request for PRELIMINARY COMMITMENT

Applicant    NONE
Borrower     PT PLN (PERSERO), INDONESIA
Guarantor  NONE
Buyer        PT PLN (PERSERO), Kebayoran Baru, Jakarta
End-user      PT PLN (PERSERO), Kebayoran Baru, Jakarta
Exporter    GENERAL ELECTRIC INTERNATIONAL OPERATION, Washington DC
Supplier     GENERAL ELECTRIC INTERNATIONAL OPERATION, Washington DC
Gtd Lndr     FINANCIAL INSTITUTION ACCEPTABLE TO EIB, N/A
 
Project Name 2 UNITS OF 9FA GAS TURBINES
Project Description 2 UNITS OF 9FA GAS TURBINES
Product Description 2 UNITS OF 9FA GAS TURBINES
Financed Amount $  $109,110,126
Repayment Term 12 YEARS

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