Summary of the Meeting of the Board of Directors
Completed
OPEN: NONE
CLOSED:
1.Minutes of August 22, 2012 Board Meeting to be approved
2.Minutes of August 30, 2012 Board Meeting to be approved
EXPORT FINANCE GROUP
3.PEFCO Secured Notes Resolutions for FY2013 (Limited Distribution)
4.Extension and Expansion of PEFCO 1971 Guarantee Eligibility
for Long Term Floating Credits -Revised (Limited Distribution)
TRANSPORATION DIVISION
5A.COUNTRY:UNITED STATES - AP087328XX
FOREIGN BUYER:SPC/International Lease Finance Corporation
END-USER: Emirates Airline
PRODUCTS:Aircraft
5B.COUNTRY:UNITED STATES - AP087328XA
FOREIGN BUYER:SPC/International Lease Finance Corporation
END-USER: Emirates Airline
PRODUCTS:Aircraft
6.COUNTRY:POLAND - AP087110XX
FOREIGN BUYER:SPV/LOT Polish Airlines
END-USER: LOT Polish Airlines
PRODUCTS:Aircraft
7A.COUNTRY:MEXICO -FIBC 538571
FOREIGN BUYER:Industrializadora de Mantecas, S.A. de C.V
FOREIGN BUYER:Industrializadora de Oleofinos, S.A. de C.V
FOREIGN BUYER:Industrial de Oleaginosas, S.A. de C.V
PRODUCTS:Bulk Agricultural Products
7B.COUNTRY:MEXICO - FIBC 540344
FOREIGN BUYER:Industrializadora de Mantecas, S.A. de C.V
FOREIGN BUYER:Industrializadora de Oleofinos, S.A. de C.V
FOREIGN BUYER:Industrial de Oleaginosas, S.A. de C.V
PRODUCTS:Bulk Agricultural Products
II.CLASSIFIED ITEMS: NONE
I, Lisa V. Terry, Assistant General Counsel for Administration, hereby certify that in
my opinion the Meeting of the Board of Directors scheduled for 9:30 AM on Thursday,
September 20, 2012, in the Board Room 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.
Lisa V. TerryAssistant General Counsel
EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
SEPTEMBER 20, 2012
ITEM NO 1 Minutes of August 22, 2012 Board Meeting to be approved.
Board Decision: APPROVED. Chairman Hochberg, Vice Chair Felton, Director Mulvaney, Director Loui and Director Walther all voted in favor of the minutes.
ITEM NO 2 Minutes of August 30, 2012 Board Meeting to be approved.
Board Decision: APPROVED. Chairman Hochberg, Vice Chair Felton, Director Mulvaney, Director Loui and Director Walther all voted in favor of the minutes.
ITEM NO 3 PEFCO Secured Notes Resolution for FY 2013.
Board Decision: ADOPTED. Chairman Hochberg, Vice Chair Felton, Director Mulvaney, Director Loui and Director Walther all voted in favor of the Resolution.
ITEM NO 4 Extension and Expansion of Private Export Financing Corporation 1971 Guarantee
Eligibility for Long Term Floating Credits
Board Decision: APPROVED. Chairman Hochberg, Vice Chair Felton, Director Mulvaney, Director Loui and Director Walther all voted in favor of the recommendation.
ITEM NO 5A
Country UNITED STATES AP087328XX
Request for FINAL COMMITMENT
Applicant INTERNATIONAL LEASE FINANCE CORPORATION, LOS ANGELES CA
Borrower SPC/INTERNATIONAL LEASE FINANCE CORP., LOS ANGELES CA
Buyer SPC/INTERNATIONAL LEASE FINANCE CORP., LOS ANGELES CA
End-user EMIRATES AIRLINE, DUBAI U ARAB EMIRATES
Exporter BOEING COMPANY, THE, EVERETT WA
Supplier BOEING COMPANY, THE, EVERETT WA
Supplier GENERAL ELECTRIC COMPANY, CINCINNATI OH
Supplier VARIOUS - UNITED STATES SMALL SUPPLIERS, UNKNOWN DC
Gteed Lndr JP MORGAN CHASE BANK, NEW YORK NY
Lessor SPC/INTERNATIONAL LEASE FINANCE CORP., LOS ANGELES CA
Lessee INTERNATIONAL LEASE FINANCE CORPORATION, LOS ANGELES CA
Cofin ECA NIPPON EXPORT & INVESTMENT INSURANCE (NEXI),CHIYODA-KU TOKYO 101-0065 JAPAN
Project Name NONE
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
Board Decision: Refer To U.S. Congress and Public Notice. Chairman Hochberg, Vice Chair Felton, Director Mulvaney, Director Loui and Director Walther all voted in favor of the referral.
ITEM NO 5B
Country UNITED STATES AP087328XA
Request for FINAL COMMITMENT
Applicant INTERNATIONAL LEASE FINANCE CORPORATION, LOS ANGELES CA
Borrower SPC/INTERNATIONAL LEASE FINANCE CORP., LOS ANGELES CA
Buyer SPC/INTERNATIONAL LEASE FINANCE CORP., LOS ANGELES CA
End-user EMIRATES AIRLINE, DUBAI U ARAB EMIRATES
Exporter BOEING COMPANY, THE, EVERETT WA
Supplier BOEING COMPANY, THE, EVERETT WA
Supplier GENERAL ELECTRIC COMPANY, CINCINNATI OH
Supplier VARIOUS - UNITED STATES SMALL SUPPLIERS, UNKNOWN DC
Gteed Lndr JP MORGAN CHASE BANK, NEW YORK NY
Lessor SPC/INTERNATIONAL LEASE FINANCE CORP., LOS ANGELES CA
Lessee INTERNATIONAL LEASE FINANCE CORPORATION, LOS ANGELES CA
Cofin ECA NIPPON EXPORT & INVESTMENT INSURANCE (NEXI),CHIYODA-KU TOKYO 101-0065 JAPAN
Project Name NONE
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
Board Decision: Refer To U.S. Congress and Public Notice. Chairman Hochberg, Vice Chair Felton, Director Mulvaney, Director Loui and Director Walther all voted in favor of the referral.
ITEM NO 6
Country POLAND AP087110XX
Request for FINAL COMMITMENT
Applicant LOT POLISH AIRLINES, WARSAW 00-906 POLAND
Borrower SPV/LOT POLISH AIRLINES, WARSAW POLAND
Buyer SPV/LOT POLISH AIRLINES, WARSAW POLAND
End-user LOT POLISH AIRLINES, WARSAW 00-906 POLAND
Exporter BOEING COMPANY, THE, EVERETT WA
Supplier BOEING COMPANY, THE, EVERETT WA
Supplier VARIOUS - UNITED STATES SMALL SUPPLIERS, UNKNOWN DC
Gteed Lndr APPLE BANK FOR SAVINGS, NEW YORK NY
Lessor SPV/LOT POLISH AIRLINES, WARSAW POLAND
Lessee LOT POLISH AIRLINES, WARSAW 00-906 POLAND
Cofin ECA NIPPON EXPORT & INVESTMENT INSURANCE (NEXI),CHIYODA-KU TOKYO 101-0065 JAPAN
Project Name NONE
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
Board Decision: Refer To U.S. Congress and Public Notice. Chairman Hochberg, Vice Chair Felton, Director Mulvaney, Director Loui and Director Walther all voted in favor of the referral.
Item No. 7A
COUNTRY MEXICO FIBC-583571
REQUEST FOR Financial Institution Buyer Credit Policy - Comprehensive/ST,
Insureds: Inter Banco S.A. Institucin de Banca M?ltiple, Hidalgo, Mexico
Buyers/Obligors: Industrializadora de Mantecas, S.A. de C.V, Guadalajara, Jalisco, Mexico
Industrializadora de Oleofinos, S.A. de C.V Zapopan, Jalisco, Mexico
Industrial de Oleaginosas, S.A de C.V. , Guadalajara, Jalisco, Mexico
Guarantors: Industrializadora de Mantecas, S.A. de C.V, Guadalajara, Jalisco, Mexico
Industrializadora de Oleofinos, S.A. de C.V Zapopan, Jalisco, Mexico
Industrial de Oleaginosas, S.A de C.V. , Guadalajara, Jalisco, Mexico
Exporters: Archer Daniels Midland Co. Decatur, IL
BJB, LLC., Hutchinson, MN
Gavilon, LLC of Omaha, NE,
Pasternak, Baum & Co., Harrison, NY
Broker: Heffernan Insurance Brokers, Portland, OR
Products/Use: Bulk Agricultural Products (tallow, soybean, canola oil)
Ex-m Bank Liability (Millions): $5 - $20
Board Decision: APPROVED. Vice Chair Felton, Director Mulvaney, Director Loui and Director Walther
all voted in favor of the transaction. Chairman Hochberg recused himself.
Item No. 7B
COUNTRY MEXICO FIBC-540366
REQUEST FOR Financial Institution Buyer Credit Policy - Comprehensive/ST,
Insureds: Banco Monex S.A. Instituci?n de Banca M?ltiple, Mexico D.F., Mexico
Buyers/Obligors: Industrializadora de Mantecas, S.A. de C.V, Guadalajara, Jalisco, Mexico
Industrializadora de Oleofinos, S.A. de C.V Zapopan, Jalisco, Mexico
Industrial de Oleaginosas, S.A de C.V. , Guadalajara, Jalisco, Mexico
Guarantors: Industrializadora de Mantecas, S.A. de C.V, Guadalajara, Jalisco, Mexico
Industrializadora de Oleofinos, S.A. de C.V Zapopan, Jalisco, Mexico
Industrial de Oleaginosas, S.A de C.V. , Guadalajara, Jalisco, Mexico
Exporters: Darling International, Inc. Irving, TX
Broker: Heffernan Insurance Brokers, Portland, OR
Products/Use: Bulk Agricultural Products (tallow, soybean, canola oil)
Ex-m Bank Liability (Millions): $5 - $20
Board Decision: APPROVED. Vice Chair Felton, Director Mulvaney, Director Loui and Director Walther
all voted in favor of the transaction. Chairman Hochberg recused himself.