News | Board Minutes | 2003

              EXPORT-IMPORT BANK OF THE UNITED STATES

         SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE

                            JULY 25, 2003

ITEM NO 1

Country GUATEMALA                              AP079532XX

Request for FINAL COMMITMENT

Applicant      ALLFIRST BANK, A DIVISION OF M&T BANK, BALTIMORE MD

Borrower       BODEGAS AGROINDUSTRIALES DE TAPACHULA SA, TUXTLA GUTIERREZ,
                        CHIS, MEXICO
                                                                                                                                                                                                                                                                                         CHIS, MEXICO                                                                                                             

Borrower       DIST AGRICOLA GUATEMALTECA S.A., GUATEMALA CITY GUATEMALA

Guarantor      INTL COFFEE & FERTILIZER TRADING CO, NASSAU BAHAMAS

Guarantor      INTERNATIONAL PESTICIDES CORP., NASSAU BAHAMAS

Guarantor      ADDITIONAL GUARANTORS IN THE BAHAMAS AND GUATEMALA

Buyer          BODEGAS AGROINDUSTRIALES DE TAPACHULA SA, TUXTLA GUTIERREZ, CHIS, MEXICO

Buyer          DIST AGRICOLA GUATEMALTECA S.A., GUATEMALA CITY GUATEMALA

End-user       BODEGAS AGROINDUSTRIALES DE TAPACHULA SA, TUXTLA GUTIERREZ, CHIS, MEXICO

End-user       DIST AGRICOLA GUATEMALTECA S.A., GUATEMALA CITY GUATEMALA

Exporter       PELICAN IMPORTING & EXPORTING COMPANY, HOUSTON TX

Supplier       CASE CORPORATION, RACINE WI

Supplier       INGERSOLL-RAND COMPANY, WOODCLIFF LAKE NJ

Supplier       ADDITIONAL SUPPLIERS

Gteed Lender   ALLFIRST BANK, A DIVISION OF M&T BANK, BALTIMORE MD

Project Name NONE

Project Description NONE

Product Description AGRICULTURAL MACHINERY & CONSTRUCTION EQUIPMENT & SERVICES

Financed Amount $    1,542,789

Repayment Term  5 YEARS

Credit Committee Decision APPROVED

ITEM NO 2

Country TURKEY                                 AP079578XX

Request for FINAL COMMITMENT

Applicant      ALLFIRST BANK, A DIVISION OF M&T BANK, BALTIMORE MD

Borrower       ISKO DOKUMA ISLETME SANAYI VE TICARET AS, BURSA 16425 TURKEY

Guarantor      SANKO PAZARLAMA ITHALAT IHRACAT A.S., GAZIANTEP TURKEY

Guarantor      SANKO TEKSTIL SANAYI VE TICARET A.S., GAZIANTEP 27001 TURKEY

Guarantor      ADDITIONAL GUARANTORS

Buyer          ISKO DOKUMA ISLETME SANAYI VE TICARET AS, BURSA 16425 TURKEY

End-user       ISKO DOKUMA ISLETME SANAYI VE TICARET AS, BURSA 16425 TURKEY

Exporter       WEST POINT FOUNDRY AND MACHINE CO., WEST POINT GA

Exporter       MORRISON TEXTILE MACHINERY CO, FORT LAWN SC

Supplier       WEST POINT FOUNDRY AND MACHINE CO., WEST POINT GA

Supplier       MORRISON TEXTILE MACHINERY CO, FORT LAWN SC

Gteed Lender   ALLFIRST BANK, A DIVISION OF M&T BANK, BALTIMORE MD

Project Name NONE

Project Description NONE

Product Description TEXTILE MACHINERY

Financed Amount $    1,746,567

Repayment Term  4 YEARS

Credit Committee Decision APPROVED

 Item No. 3

           Country: Mexico          Policy No.:MTR-253914           

           Request for: Insurance Policy (New)    

           Policy Type: Repetitive Sales/Multiple Shipments           

           Coverage Type/Term:Comprehensive/MT

           Insured:      PNC Bank, Pittsburgh, PA

           Buyer:         Alquiladora de Vehiculos Automotores, S.A. de C.V. Mexico City, Mexico

           Guarantor: Automaya, S.A. de C.V., Merida, Mexico, and Mario Cervera Ortiz

           End-User:  Alquiladora de Vehiculos Automotores, S.A. de C.V. Mexico City, Mexico

           Exporter:   Ford Motor Company, Dearborn, MI 48126-4261 and

                                   Daimler-Chrysler Corporation, Auburn Hills, MI 48326-2766

           Supplier:   Ford Motor Company, Dearborn, MI 48126-4261 and

                                   Daimler-Chrysler Corporation, Auburn Hills, MI 48326-2766

           Broker:     EIA-Global, Walpole, MA

           Product/Use:   New cars for rental fleet

           Ex-Im Bank Liability (Millions):  $1 - $5

             Credit Committee Decision: APPROVED

            Item No. 4

            Country: Guatemala           Policy No.:  MTR-253765 

            Request for:  Insurance Policy (New)   

            Policy Type: Repetitive Sale/Multiple Shipments                                   

            Coverage Type/Term: Comprehensive/MT

             Insured:            Toronto Dominion Bank, Baltimore, MD 21201

            Buyer/Obligor:  Compania Agricola Industrial Santa Ana, S.A., Guatemala City, Guatemala

            Guarantor:      None

            End-User:       Compania Agricola Industrial Santa Ana, S.A., Guatemala City, Guatemala

            Exporters:      Cameco Industries, Inc., Thibodaux, LA 70302-1602

                                         Offshore Traders, Inc., Miami, FL 33155-5526

                                          and additional exporters

            Broker:            International Risk Consultants, Columbus, OH                                                                        

            Product/Use:  Cane and sugar processing equipment to include centrifuges, trailers, and harvesting

                                     and loading equipment

          Ex-Im Bank Liability (Millions):  $1 - $5

          Credit Committee Decision: APPROVED

             Item No. 5

            Country: Mexico                Policy No.:  MTR-254367 

            Request for: Insurance Policy (New)   

            Policy Type: Repetitive Sale/Multiple Shipments                                   

            Coverage Type/Term: Comprehensive/MT

             Insured:            PNC Bank, N.A. Pittsburgh, PA 15265

            Buyer/Obligor:  Grupo Cable TV S.A. de C.V. (Mexico)

            Guarantors:       TV por Cable de Tabasco, S.A. de C.V. (Mexico) Tele Azteca S.A. de C.V. (Mexico)

                                        Grupo Cable TV de San Luis Potosi, S.A. de C.V. (Mexico)

            End-User:           Grupo Cable TV S.A. de C.V. (Mexico)

            Exporters/Suppliers:  Commscope, Inc., Hickory, NC  28602-3619

                                                   Cisco Systems, Inc., San Jose, CA 95134-1700

                                                   and additional exporters/suppliers

            Broker:          Export Insurance Agency, Walpole, MA 02081
           Product/Use:   Various cable and telecommunications equipment to expand and upgrade buyer's existing network

         Ex-Im Bank Liability (Millions):  $1 - $5

         Credit Committee Decision: APPROVED

            Item No. 6

            Country: Chile                Policy No.:  MSM-252403

            Request for: Insurance Policy (New)   

            Policy Type: Single Sale/Multiple Shipments                                   

            Coverage Type/Term: Comprehensive/MT

            Insured:             PNC Bank, N.A. Pittsburgh, PA 15265

            Buyer/Obligor:  Gasatacama Generacion Limitada, Santiago, Chile

            End-User:          Gasatacama Generacion Limitada, Santiago, Chile

            Guarantors:       Gasoducto Atacama Chile Limitada, Santiago, Chile

                                         Atacama Finance Company, Santiago, Chile

                                         Endesa Nacional de Electricidad, Santago, Chile

             Exporter:      General Electric Industrial Systems, Plainville, CT 06062-0200

             Supplier:       General Electric Industrial Systems, Plainville, CT 06062-0200

             Broker:         Export Insurance Agency, Walpole, MA 02081
             Product/Use:  Various industrial equipment to be used in power generation

          Ex-Im Bank Liability (Millions):  $1 - $5

          Credit Committee Decision: APPROVED

ITEM NO 7

Country BRAZIL                            AP079674XX

Request for FINAL COMMITMENT

Applicant      TORONTO-DOMINION BANK, HOUSTON TX

Borrower       ESDEVA EMPRESA GRAFICA LTDA, JUIZ DE FORA - MG, POCO RICO 36020-000,

                BRAZIL                                                                     

Guarantor      NEVES, JURACY AZEVEDO, 36021-660 JUIZ DE FORA, MINAS GERAIS BRAZIL

Guarantor      DA CRUZ, AFONSO RIBEIRO, 36050-090 JUIZ DE FORA, MINAS GERAIS BRAZIL

Buyer          ESDEVA EMPRESA GRAFICA LTDA, JUIZ DE FORA - MG, POCO RICO 36020-000

                  BRAZIL

End-user       ESDEVA EMPRESA GRAFICA LTDA, JUIZ DE FORA - MG, POCO RICO 36020-000

                  BRAZIL

Exporter       HEIDELBERG WEB SYSTEM INC, DOVER NH

Supplier       HEIDELBERG WEB SYSTEM INC, DOVER NH

Gteed Lender   TORONTO-DOMINION BANK, HOUSTON TX

Project Name NONE

Project Description NONE

Product Description PRINTING MACHINERY & EQUIPMENT

Financed Amount $    4,496,384

Repayment Term  5 YEARS

Credit Committee Decision APPROVED

ITEM NO 8

Country BRAZIL                            AP079785XX

Request for FINAL COMMITMENT

Applicant      TORONTO-DOMINION BANK, HOUSTON TX

Borrower       ESDEVA EMPRESA GRAFICA LTDA, JUIZ DE FORA - MG, POCO RICO 36020-000

                  BRAZIL

Guarantor      NEVES, JURACY AZEVEDO, 36021-660 JUIZ DE FORA, MINAS GERAIS BRAZIL

Guarantor      DA CRUZ, AFONSO RIBEIRO, 36050-090 JUIZ DE FORA, MINAS GERAIS BRAZIL

Buyer          ESDEVA EMPRESA GRAFICA LTDA, JUIZ DE FORA - MG, POCO RICO 36020-000

                  BRAZIL

End-user       ESDEVA EMPRESA GRAFICA LTDA, JUIZ DE FORA - MG, POCO RICO 36020-000

                  BRAZIL

Exporter       AGFA CORPORATION, RIDGEFIELD PARK NJ

Supplier       AGFA CORPORATION, RIDGEFIELD PARK NJ

Gteed Lender   TORONTO-DOMINION BANK, HOUSTON TX

Project Name NONE

Project Description NONE

Product Description PRINTING MACHINERY & EQUIPMENT

Financed Amount $      434,968

Repayment Term  5 YEARS

Credit Committee Decision APPROVED