News | Board Minutes | 1999

EXPORT-IMPORT BANK OF THE UNITED STATE
SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
SEPTEMBER 30, 1999

ITEM NO 1
PEFCO SMAll BUSINESS LENDER-OF-LAST RESORT FACILITY (RENEWAL)
Board Decision  APPROVED

ITEM NO 2
MEDIUM-TERM COMPLIANCE PROGRAM
Board Decision  APPROVED

ITEM NO 3
MINUTES OF MEETING OF SEPTEMBER 23, 1999
Board Decision  APPROVED

ITEM NO 3A
JORDAN - ANNUAL REVIEW OF THE JORDANIAN FRAMEWORK AGREEMENT
Board Decision   DISCUSSION

ITEM NO  4
Country MEXICO             AP074398XX
Request for FINAL COMMITMENT
Applicant      PEMOPRO S.A. DE C.V., MEXICO D.F. 06600 MEXICO
Borrower       PEMOPRO S.A. DE C.V., MEXICO D.F. 06600 MEXICO
Guarantor      NONE
Buyer          PEMEX REFINACION S.A. DE C.V., MEXICO, DF MEXICO
End-user       PEMEX REFINACION S.A. DE C.V., MEXICO, DF MEXICO
Exporter       SIEMENS CORPORATION, NEW YORK NY
Supplier       SIEMENS CORPORATION, NEW YORK NY
Supplier       ABB GARDEN CITY FAN INC, NILES MI
Supplier       ADDITIONAL SUPPLIERS
Gteed Lender   ABN AMRO NORTH AMERICA INC, CHICAGO IL
Post-Completion Borrower Petroleos Mexicanos (PEMEX)
Project Name MADERO REFINERY
Project Description PETROLEUM REFINERY UPGRADE
Product Description INSTRUMENTATION & CONTROL EQUIPMENT
Coverage Pre- and Post-Completion Guarantee
Financed Amount USD181,881,272
Repayment Term  10 YEARS
Board Decision APPROVED

                        EXPORT-IMPORT BANK OF THE UNITED STATES
                  SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
                                   SEPTEMBER 30, 1999

ITEM NO  5A
Country CHINA (MAINLAND)            AP075125XX
Request for FINAL COMMITMENT
Applicant      AIR CHINA, BEIJING 100621 CHINA(MAINLAND)
Borrower       SPV/AIR CHINA, BEIJING  100621 CHINA(MAINLAND)
Guarantor      INDUSTRIAL & COMMERCIAL BANK OF CHINA, BEIJING 100036 CHINA(MAINLAND)
Buyer          SPV/AIR CHINA, BEIJING  100621 CHINA(MAINLAND)
End-user       AIR CHINA, BEIJING 100621 CHINA(MAINLAND)
Exporter       BOEING COMPANY THE*, EVERETT WA
Supplier       BOEING COMPANY THE*, EVERETT WA
Supplier       CFM INTERNATIONAL INC, CINCINNATI OH
Gteed Lender   CREDIT AGRICOLE INDOSUEZ, NEW YORK NY
Lessor         SPV/AIR CHINA, BEIJING  100621 CHINA(MAINLAND)
Lessee         AIR CHINA, BEIJING 100621 CHINA(MAINLAND)
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
Financed Amount USD140,586,127
Repayment Term  10 YEARS
Board Decision APPROVED

ITEM NO  5B
Country CHINA (MAINLAND)                       AP075230XX
Request for FINAL COMMITMENT
Applicant      AIR CHINA, BEIJING 100621 CHINA(MAINLAND)
Borrower       SPV/AIR CHINA, BEIJING  100621 CHINA(MAINLAND)
Guarantor      INDUSTRIAL & COMMERCIAL BANK OF CHINA, BEIJING 100036 CHINA(MAINLAND)
Buyer          SPV/AIR CHINA, BEIJING  100621 CHINA(MAINLAND)
End-user       AIR CHINA, BEIJING 100621 CHINA(MAINLAND)
Exporter       BOEING COMPANY, THE, SEATTLE WA
Supplier       BOEING COMPANY, THE, SEATTLE WA
Supplier       UNITED TECHNOLOGIES CORP, EAST HARTFORD CT
Gteed Lender   WESTDEUTSCHE LANDESBANK, NEW YORK NY
Lessor         SPV/AIR CHINA, BEIJING  100621 CHINA(MAINLAND)
Lessee         AIR CHINA, BEIJING 100621 CHINA(MAINLAND)
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
Financed Amount USD197,698,507
Repayment Term  12 YEARS
Board Decision APPROVED

                        EXPORT-IMPORT BANK OF THE UNITED STATES
                  SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
                                   SEPTEMBER 30, 1999

ITEM NO  6A
Country SAUDI ARABIA                AP075302XX
Request for FINAL COMMITMENT
Applicant      CHASE MANHATTAN CORPORATION, NEW YORK NY
Borrower       SPV/MINISTRY OF FINANCE,
Guarantor      MINST OF FINANCE OF SAUDI ARABIA, RIYADH SAUDI ARABIA
Buyer          SPV/MINISTRY OF FINANCE,
End-user       SAUDI ARABIAN AIRLINES CORP, JEDDAH, SAUDI ARABIA
Exporter       BOEING COMPANY, THE, SEATTLE WA
Supplier       BOEING COMPANY, THE, SEATTLE WA
Supplier       GENERAL ELECTRIC COMPANY, CINCINNATI OH
Supplier       ADDITIONAL SUPPLIERS
Gteed Lender   CHASE MANHATTAN CORPORATION, NEW YORK NY
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
Financed Amount USD902,950,153
Repayment Term  12 YEARS
Board Decision APPROVED

ITEM NO  6B
Country SAUDI ARABIA               AP075320XX
Request for FINAL COMMITMENT
Applicant      CHASE MANHATTAN BANK, NEW YORK NY
Borrower       SPV/MINISTRY OF FINANCE,
Guarantor      MINST OF FINANCE OF SAUDI ARABIA, RIYADH SAUDI ARABIA
Buyer          SPV/MINISTRY OF FINANCE,
End-user       SAUDI ARABIAN AIRLINES CORP, JEDDAH, SAUDI ARABIA
Exporter       BOEING COMPANY, THE, SEATTLE WA
Supplier       BOEING COMPANY, THE, SEATTLE WA
Supplier       GENERAL ELECTRIC COMPANY, CINCINNATI OH
Supplier       ADDITIONAL SUPPLIERS
Gteed Lender   CHASE MANHATTAN BANK, NEW YORK NY
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
Financed Amount USD1,036,847,355
Repayment Term  10.5 YEARS
Board Decision APPROVED

ITEM NO  6C
Country SAUDI ARABIA                PC075303XX
Request for PRELIMINARY COMMITMENT
Applicant      CHASE MANHATTAN BANK, NEW YORK NY
Borrower       SPV/SAUDI ARABIAN AIRLINE, JEDDAH SAUDI ARABIA
Guarantor      NONE
Buyer          SPV/SAUDI ARABIAN AIRLINE, JEDDAH SAUDI ARABIA
End-user       SAUDI ARABIAN AIRLINES CORP, JEDDAH, SAUDI ARABIA
Exporter       BOEING COMPANY, THE, SEATTLE WA
Supplier       BOEING COMPANY, THE, SEATTLE WA
Supplier       GENERAL ELECTRIC COMPANY, CINCINNATI OH
Supplier       ADDITIONAL SUPPLIERS
Gteed Lender   CHASE MANHATTAN BANK, NEW YORK NY
Lessor         SPV/SAUDI ARABIAN AIRLINE, JEDDAH SAUDI ARABIA
Lessee         MINST OF FINANCE OF SAUDI ARABIA, RIYADH SAUDI ARABIA
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
Ex-Im Bank Liability (Millions) USD20+
PC Expiry Date 03/14/00
Board Decision APPROVED

                        EXPORT-IMPORT BANK OF THE UNITED STATES
                  SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
                                   SEPTEMBER 30, 1999

ITEM NO  7A
Country TUNISIA                                AP074534XX
Request for FINAL COMMITMENT
Applicant      BARCLAYS BANK PLC, NEW YORK NY
Borrower       SPV/SOCIETE TUNISIENNE DE L'AIR, TUNIS 2035 TUNISIA
Guarantor      NONE
Buyer          SPV/SOCIETE TUNISIENNE DE L'AIR, TUNIS 2035 TUNISIA
End-user       SOCIETE TUNISIENNE DE L'AIR, TUNIS 2035 TUNISIA
Exporter       BOEING COMPANY, THE (INC), RENTON WA
Supplier       BOEING COMPANY, THE, SEATTLE WA
Supplier       CFM INTERNATIONAL INC, CINCINNATI OH
Gteed Lender   BARCLAYS BANK PLC, NEW YORK NY
Lessor         SPV/SOCIETE TUNISIENNE DE L'AIR, TUNIS 2035 TUNISIA
Lessee         SOCIETE TUNISIENNE DE L'AIR, TUNIS 2035 TUNISIA
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
Financed Amount USD162,168,819
Repayment Term  12 YEARS
Board Decision APPROVED

ITEM NO 7B -- WITHDRAWN

ITEM NO  8
Country INDONESIA                   AP070435XX
Request for FINAL COMMITMENT
Applicant      MINST OF FINANCE OF INDONESIA, JAKARTA PUSAT INDONESIA
Borrower       SPV/REPUBLIC OF INDONESIA, JAKARTA, TIMUR 2-4 INDONESIA
Guarantor      NONE
Buyer          SPV/REPUBLIC OF INDONESIA, JAKARTA, TIMUR 2-4 INDONESIA
End-user       GARUDA INDONESIA, P.T., JAKARTA PUSAT, JKT INDONESIA
Exporter       BOEING COMPANY, THE, RENTON WA
Supplier       BOEING COMPANY, THE, SEATTLE WA
Supplier       CFM INTERNATIONAL INC, CINCINNATI OH
Gteed Lender   WESTDEUTSCHE LANDESBANK, NEW YORK NY
Lessor         SPV/REPUBLIC OF INDONESIA, JAKARTA, TIMUR 2-4 INDONESIA
Lessee         MINST OF FINANCE OF INDONESIA, JAKARTA PUSAT INDONESIA
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
Financed Amount USD278,240,584
Repayment Term  10 YEARS
Board Decision APPROVED

ITEM NO 9 -- WITHDRAWN

                        EXPORT-IMPORT BANK OF THE UNITED STATES
                  SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
                                   SEPTEMBER 30, 1999

ITEM NO  10
Country MEXICO                      AP074805XX
Request for FINAL COMMITMENT
Applicant      BANKAMERICA CORPORATION, NEW YORK NY
Borrower       FERROCARRIL MEXICANO, SA DE CV, BOSQUES DE LAS LOMAS, 11700 MEXICO CITY MEXICO
Guarantor      NONE
Buyer          FERROCARRIL MEXICANO, SA DE CV, BOSQUES DE LAS LOMAS, 11700 MEXICO CITY MEXICO
End-user       FERROCARRIL MEXICANO, SA DE CV, BOSQUES DE LAS LOMAS, 11700 MEXICO CITY MEXICO
Exporter       GENERAL ELECTRIC COMPANY, ERIE PA
Supplier       GENERAL ELECTRIC COMPANY, ERIE PA
Supplier       TELEDYNE INC., LA PORTE IN
Supplier       ADDITIONAL SUPPLIERS
Gteed Lender   BANKAMERICA CORPORATION, NEW YORK NY
Project Description RAILROAD
Product Description LOCOMOTIVES
Financed Amount USD84,652,095
Repayment Term  10 YEARS
Board Decision APPROVED

ITEM NO  11
Country VENEZUELA                   AP074919XX
Request for FINAL COMMITMENT
Applicant      MINST OF FINANCE OF VENEZUELA, CARACAS VENEZUELA
Borrower       MINST OF FINANCE OF VENEZUELA, CARACAS VENEZUELA
Guarantor      NONE
Buyer          CONSORCIO PENTAMAT, C.A., DISTRITO FEDERAL 1060 VENEZUELA
End-user       MINST OF ENVIRN, NATRL & RENEW RESOURCES, CARACAS VENEZUELA
Exporter       A T N INDUSTRIES, MIAMI FL
Supplier       A T N INDUSTRIES, MIAMI FL
Supplier       INGERSOLL-RAND COMPANY, WOODCLIFF LAKE NJ
Supplier       ADDITIONAL SUPPLIERS
Gteed Lender   LLOYDS BANK PLC, MIAMI FL
Project Description CLEAN-UP OF THE TUY RIVER VALLEY PROJECT
Product Description ENGINEERING & PROCUREMENT SERVICES
Financed Amount USD15,445,276
Repayment Term  5 YEARS
Board Decision APPROVED

ITEM NO 12 -- WITHDRAWN

                        EXPORT-IMPORT BANK OF THE UNITED STATES
                  SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
                                   SEPTEMBER 30, 1999

ITEM NO  13
Country ZIMBABWE                               AP073884XX
Request for FINAL COMMITMENT
Applicant      MINST OF FINANCE OF ZIMBABWE, HARARE ZIMBABWE
Borrower       MINST OF FINANCE OF ZIMBABWE, HARARE ZIMBABWE
Guarantor      NONE
Buyer          MINST OF HOME AFFAIRS, HARARE ZIMBABWE
End-user       ZIMBABWE REPUBLIC POLICE, CAUSEWAY ZIMBABWE
Exporter       DATRON WORLD COMMUNICATIONS, ESCONDIDO CA
Supplier       DATRON WORLD COMMUNICATIONS, ESCONDIDO CA
Supplier       A&B DIE CASTING CO INC., BERKELEY CA
Supplier       ADDITIONAL SUPPLIERS
Project Description POLICE COMMUNICATIONS SYSTEMS
Product Description ASSEMBLY, TEST INTEGRATION
Financed Amount USD14,388,516
Repayment Term  8 YEARS
Board Decision APPROVED

ITEM NO 14
COUNTRY REVIEW
Board Decision DISCUSSION
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