Summary of the Meeting of the Board of Directors
Completed
VIA TELECONFERENCE
I. OPEN:
SMALL BUSINESS DIVISION
1. COVID-19 update
Steven Freshour - Vice President
Amy Shinkman - Vice President
James Burrows - Senior Vice President
PEFCO WORKING GROUP
2. Overview of Process and Decision Items
Lauren Fuller - Senior Advisor
Jim Cruse - Senior Vice President
2a. Renewal of the Guarantee and Credit Agreement between EXIM and PEFCO
Paxton Stephan - Policy Analyst
2b. Amendment to the Standard Operating Procedures between EXIM and PEFCO
Paxton Stephan - Policy Analyst
2c. PEFCO Secured Note Authorization for FY2021
Julie Kalishman - Director of Budget and Financial Planning
2d. Funder Guarantee for Supply Chain Finance Guarantee Program
Nicole Wharton - Senior Counsel
EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
SEPTEMBER 8 (AM), 2020
ITEM NO. 1 Small Business COVID-19 Update
For Information Only: No Board Decision Required
ITEM NO. 2 Overview of Process and Decision Items
For Information Only: No Board Decision Required
ITEM NO. 2A. Renewal of the Guarantee and Credit Agreement between EXIM and PEFCO
Board Decision: APPROVED. Chairman Reed, Director Bachus and Director Pryor all voted in favor of the recommendation.
ITEM NO. 2B. Amendment to the Standard Operating Procedures between EXIM and PEFCO
Board Decision: APPROVED. Chairman Reed, Director Bachus and Director Pryor all voted in favor of the recommendation.
ITEM NO. 2C. PEFCO Secured Note Authorization for FY2021
Board Decision: APPROVED. Chairman Reed, Director Bachus and Director Pryor all voted in favor of the recommendation.
ITEM NO. 2D. Funder Guarantee for Supply Chain Finance Guarantee Program
Board Decision: APPROVED. Chairman Reed, Director Bachus and Director Pryor all voted in favor of the recommendation.