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Summary/Agenda of the Meeting of the Board of Directors

Thursday, May 14, 2015
 
Completed

MEETING OF THE BOARD OF DIRECTORS
AGENDA
9:30 A.M. THURSDAY
MAY 14, 2015

REMINDER: The attached materials contain Confidential Business Information,
which may be disclosed only to appropriate parties.

I.    OPEN: NONE

II.    CLOSED:
   
TRANSPORTATION DIVISION
1.    COUNTRY:  INDIA – AP088875XX
FOREIGN BUYER:   SPV/Essar Oil Ltd.
END USER:  Futura Travel Limited
PRODUCTS:     Aircraft

2.    COUNTRY: AZERBAIJAN AP088942XX
FOREIGN BUYER: SPV/Azerbaijan Airlines
END-USER: Azerbaijan Airlines
PRODUCTS: Aircraft

TRADE FINANCE DIVISION
3.         COUNTRY: MEXICO Policy No. FB-617402
BUYER/OBLIGOR: Comercializadora Portimex, S.A. de C.V.
PRODUCTS: Bulk Agricultural Commodities

CERTIFICATION FOR CLOSURE OF MEETING

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, May 14, 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, May 8, 2015

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
MAY 14, 2015


ITEM NO. 1    WITHDRAWN

ITEM NO 2
Country AZERBAIJAN                             AP088942XX
Request for FINAL COMMITMENT

Applicant    AZERBAIJAN AIRLINES, Baku
Borrower     SPV/AZERBAIJAN AIRLINES, Baku
Buyer      SPV/AZERBAIJAN AIRLINES, Baku
End-user      AZERBAIJAN AIRLINES, Baku
Exporter      BOEING COMPANY, THE, Everett WA
Exporter     BOEING COMPANY, THE, North Charleston SC
Exporter    GENERAL ELECTRIC AVIATION, Cincinnati OH
Supplier    BOEING COMPANY, THE, Everett WA
Supplier     BOEING COMPANY, THE, North Charleston SC
Supplier    GENERAL ELECTRIC AVIATION, Cincinnati OH
Supplier     VARIOUS US SMALL BUSINESSES, Washington DC
Gtd Lndr       BAYERISCHE LANDESBANK, München BY
Cofin ECA   NIPPON EXPORT AND INVESTMENT INSURANCE (NEXI), CHIYODA-KU JAPAN
Project Name AZERBAIJAN AIRLINES
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT

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


ITEM NO 3
Country   MEXICO        Policy No: Policy No. FB-617402
Request for NEW POLICY

Insured:        Espirito Santo Bank, Miami, FL
Borrower/Obligor:    Comercializadora Portimex, S.A. de C.V
Buyer:          Comercializadora Portimex, S.A. de C.V
Guarantor(s):    Francisco Javier Sobrino Bracamontes,
Consorcio Granelero de Tuxpam, S. A. de C.V
            Granelera Internacional de Tuxpam, S.A. de C.V.
Grupo Avicola el Penon, S.A, de C.V;
Inguala Concentrados, S.A. de C.V.
Transportes Frasco, S.A. de C.V.
Exporter(s):    CHS, Inc, Inner Grove Heights, MN
            Louis Dreyfus Corporation, Wilton, CT
Broker:        Heffferman Insurance Brokers, Inc.
Products:         Bulk Agricultural Commodities

Ex-Im Bank Liability (Millions):  $5 - 20

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