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Summary of the Meeting of the Board of Directors

Tuesday, January 12, 2021
 
Completed

VIA TELECONFERENCE

  1. OPEN: NONE
  2. CLOSED:
    1. Minutes of December 22, 2020 Board Meeting for approval

      BUSINESS CREDIT DIVISION
    2. Working Capital / Supply Chain Finance Guarantee – AP089395XX
      Obligors: Spirit Aerosystems Inc
      Spirit Aerosystems North Carolina Inc.
      Products: Other Aircraft Parts and Auxiliary Equipment
      Review Required: NAC
      Decision Required: Approval
      James Burrows – Senior Vice President
      Smaro Karakatsanis – Director
      Steven Freshour – Vice President
      Daniel Yoo – Counsel
      Stephen Renna – Chief Banking Officer

      TRANSPORTATION DIVISION
    3. Country: Australia – AP089405XX
      Buyer: Qantas Airways Limited
      Product: Components of Spare Engines
      Review Required: NAC
      Decision Required: Approval
      Alberto Fernandez – Loan Officer
      David Fiore – Vice President
      David Sena – Senior Vice President
      David Golden – Counsel
      Stephen Renna – Chief Banking Officer

      ASSET MANAGEMENT DIVISION
    4. Request for Debt Restructure
      Review Required: None
      Decision Required: Approval
      Elizabeth Cash - Portfolio Manager
      Richard Park – Vice President
      Krystyna Boron – 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 10:00 AM on Tuesday, January 12, 2021 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, December 29, 2020

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
JANUARY 12, 2021

ITEM NO. 1
Approval of the Minutes of the December 22, 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 / Supply Chain Finance Guarantee – AP089395XX
Obligors: Spirit Aerosystems Inc
Spirit Aerosystems North Carolina Inc.
Products: Other Aircraft Parts and Auxiliary Equipment
NAC reviewed on 01-8-2021
Decision Required: Approval
Board Decision: APPROVED. Chairman Reed, Director Bachus and Director Pryor all voted to in favor of the recommendation.
ITEM NO. 3
Country: Australia – AP089405XX
Buyer: Qantas Airways Limited
Product: Components of Spare Engines
NAC reviewed on 01-8-2021
Decision Required: Approval
Board Decision: APPROVED. Chairman Reed, Director Bachus and Director Pryor all voted to in favor of the recommendation.
ITEM NO. 4
Request for Debt Restructure
Review Required: None
Decision Required: Approval
Board Decision: APPROVED. Chairman Reed, Director Bachus and Director Pryor all voted to in favor of the recommendation.