Summary of the Meeting of the Board of Directors
Completed
I. OPEN: NONE
II. CLOSED:
TRANSPORTATION DIVISION
1. COUNTRY: PANAMA AP088959XX
FOREIGN BUYER: SPV/NORTH POLE INVESTMENTS
END USER: Helistar LTDA
PRODUCTS: Helicopters
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, April 2, 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 Co
ITEM NO 1
Country PANAMA AP088959XX
Request for FINAL COMMITMENT
Applicant NORTH POLE INVESTMENTS, Panama City, Panama PANAMA
Obligor SPV/NORTH POLE INVESTMENTS, Panama City PANAMA
Buyer SPV/NORTH POLE INVESTMENTS, Panama City PANAMA
End-user HELISTAR LTDA, Bogota, Cundinamarca COLOMBIA
Exporter AGUSTAWESTLAND INC., Philadelphia PA
Supplier AGUSTAWESTLAND INC., Philadelphia PA
Gtd Lndr APPLE BANK FOR SAVINGS, New York NY
Lessor SPV/NORTH POLE INVESTMENTS, Panama City PANAMA
Lessee HELISTAR LTDA, Bogota, Cundinamarca COLOMBIA
Cofin ECA SACE SPA-SERVIZI ASSICURATIVI DEL COMMER, Roma ITALY
Project Name NONE
Project Description AIR TRANSPORTATION
Product Description HELICOPTERS
Board Decision: TRANSACTION APPROVED. Chairman Hochberg, Vice Chair Felton, Director Mulvaney and Director Loui all voted in favor of the transaction.