Summary of the Closed Meeting of the Board of Directors

April 18, 2024

Completed

  1. Minutes of March 14, 2024 Closed Board Meeting for approval
  2. TRANSPORTATION DIVISION (MMIA)
    Country: United States – AP089504XX
    Borrower: Portwall Partners, Ltd.
    Exporter/End-User/PSOR: Packwell Inc.
    Supplier: Various U.S. Suppliers
    Product: Construction of Packaging Facility
    Required NAC Review: Yes
    Congressional Notification Required: Yes
    Required Public Notice and Comment: No
    Required Decision: Approval
    Brooks/Swain/Staton
  3. PEFCO WORKING GROUP
    PEFCO Secured Note Issuances
    2A. PEFCO Secured Notes Issuance Resolutions
    2B. PEFCO Secured Notes Issuance Resolutions
    Weirich/Staton/Wharton
  4. ASSET MANAGEMENT DIVISION
    COUNTRY: MEXICO – AP084242XX
    BORROWER: Electrica del Valle de Mexico, S. de R.L. de C.V.
    REQUEST FOR DEBT CANCELLATION OR ASSIGNMENT
    Levit/Rummel/Gerrety
Certification for Closure of Meeting

    I, Susan B. Gerson, Assistant General Counsel for Administration, hereby certify that in my opinion the Meeting of the Board of Directors scheduled for 1:30 PM on Thursday, April 18, 2024 via teleconference and in person 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.

____________________________________________
Susan B. Gerson
Assistant General Counsel for Administrative Law

Date Posted

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF CLOSED BOARD OF DIRECTORS MEETING MINUTES
APRIL 18,2024

  1. Minutes of March 14, 2024 Closed Board Meeting approved
  2. TRANSPORTATION DIVISION (MMIA)
    Country: United States – AP089504XX
    Borrower: Portwall Partners, Ltd.
    Exporter/End-User/PSOR: Packwell Inc.
    Supplier: Various U.S. Suppliers
    Product: Construction of Packaging Facility
    Total Financed Amount: $51,803,720
    Required NAC Review: Yes
    Congressional Notification Required: Yes
    Required Public Notice and Comment: No
    Required Decision: Approval
    Brooks/Swain/Staton
    Board Decision: APPROVED. Chair Lewis, Vice Chair Pryor and Director Bachus and Director Herrnstadt voted in favor of this Transaction.
  3. PEFCO WORKING GROUP
    PEFCO Secured Note Issuances
    2A. PEFCO $500 Million Secured Notes Issuance Resolutions
    2B. PEFCO $500 Million Secured Notes Issuance Resolutions
    Weirich/Staton/Wharton
    Board Decision: APPROVED. Chair Lewis, Vice Chair Pryor and Director Bachus and Director Herrnstadt voted in favor of the Plan and Agreement.
  4. ASSET MANAGEMENT DIVISION
    COUNTRY: MEXICO – AP084242XX
    BORROWER: Electrica del Valle de Mexico, S. de R.L. de C.V.
    REQUEST FOR DEBT CANCELLATION OR ASSIGNMENT
    CURRENT EXIM BANK EXPOSURE: $37,066,693.62
    Levit/Rummel/Gerrety
    Board Decision: APPROVED. Chair Lewis, Vice Chair Pryor and Director Bachus and Director Herrnstadt voted in favor of this Transaction.