Facebook pixel

Summary of the Meeting of the Board of Directors

Tuesday, August 11, 2020
 
Completed

VIA TELECONFERENCE

  1. OPEN: NONE
  2. CLOSED:
    1. Minutes of August 6, 2020 Board Meeting for approval
    2. BUSINESS CREDIT DIVISION
      Working Capital / Guarantee – AP089389XX
      Obligors: United States Steel Corp
      Products: Iron Ore Pellets
      Review Required: NAC and Congressional Notification
      Decision Required: Approval
      Mario A. Ramirez – Loan Officer and Director
      Nicole Wharton – Counsel
      Stephen M. Renna – Chief Banking Officer
    3. Working Capital / Supply Chain Finance Guarantee – AP089384XX
      Obligors: United States Steel Corp
      Products: Steel and Iron Ore Pellets
      Review Required: NAC and Congressional Notification
      Decision Required: Approval
      Mario A. Ramirez – Loan Officer and Director
      Ifeanyichukwu Egbuniwe – Counsel
      Stephen M. Renna – Chief Banking Officer

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 scheduled for 9:00 AM on Tuesday, August 11, 2020 via teleconference will disclose information of the kind set forth in Subsection (4) of Section 552b(c), Title 5 of the United States Code. 

Accordingly, such meeting may be closed to the public.


Andrea Q. Bernardo
Assistant General Counsel

Date Posted: Tuesday, August 4, 2020

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
AUGUST 11, 2020

ITEM NO. 1
Approval of the Minutes of the August 6, 2020 Board Meeting
Board Decision: APPROVED. Chairman Reed, Director Bachus and
Director Pryor all voted in favor of the minutes.
ITEM NO. 2
Working Capital / Guarantee – AP089389XX
Obligors: United States Steel Corp
Products: Iron Ore Pellets
Review Required: NAC (NAC reviewed on 2020-08-07)
Board Decision: APPROVED. Chairman Reed, Director Bachus
and Director Pryor all voted to notify Congress.
ITEM NO. 3
Working Capital / Supply Chain Finance Guarantee – AP089384XX
Obligors: United States Steel Corp
Products: Steel and Iron Ore Pellets
Review Required: NAC (NAC reviewed on 2020-08-07)
Board Decision: APPROVED. Chairman Reed, Director Bachus
and Director Pryor all voted to notify Congress.