Summary of the Meeting of the Board of Directors
October 21, 2010
December 31, 1969
ITEM NO 1 Minutes of September 29, 2010 Board Meeting to be approved
Board Decision: APPROVED. Chairman Hochberg, Director Kian and
Director Farrell all approved the minutes.
ITEM NO 2
Country HUNGARY AP084813XX
Request for FINAL COMMITMENT
Applicant PANNONIA ETHANOL ZRT., BUDAPEST HUNGARY
Borrower PANNONIA ETHANOL ZRT., BUDAPEST HUNGARY
Guarantor NONE
Buyer PANNONIA ETHANOL ZRT., BUDAPEST HUNGARY
End-user PANNONIA ETHANOL ZRT., BUDAPEST HUNGARY
Exporter FAGEN INC., GRANITE FALLS MN
Exporter ICM, INC., COLWICH KS
Exporter ADDITIONAL EXPORTERS
Supplier A & B PROCESS SYSTEM CORP, STRATFORD WI
Supplier AIR CAPITAL EQUIPMENT INC, WICHITA KS
Supplier ADDITIONAL SUPPLIERS
Project Name PANNONIA
Project Description ETHANOL PRODUCTION FACILITY
Product Description DESIGN & ENGINEERING SERVICES
Financed Amount $ 124,200,000
Repayment Term 8 YEARS/3 MONTHS
Board Decision: APPROVED. Chairman Hochberg, Director Kian and Director Farrell all voted in favor of the transaction.
ITEM NO 3 Medium-Term Delegated Authority Program (MTDAP) Amendment
Board Decision: APPROVED. Chairman Hochberg, Director Kian
and Director Farrell all voted in favor of the amendment.
ITEM NO 4 Country Review
Board Decision: APPROVED changes to the Country Limitation Schedule
(CLS)to be effective October 28, 2010. Chairman Hochberg, Director Kian
and Director Farrell all voted in favor of the changes.
ITEM NO 5
Country SWITZERLAND Policy No.: ESC-259713
Insured: Rastelli Brothers, Inc., Swedesboro, NJ
Buyer: Supreme Foodservices GmbH, Switzerland
Borrower Supreme Foodservices GmbH, Switzerland
Guarantor(s): None
Exporter(s): Rastelli Brothers, Inc., Swedesboro, NJ
Supplier(s): Rastelli Brothers, Inc., Swedesboro, NJ
Insurance Broker: Export Insurance Agency, Walpole MA
Ex-Im Bank Liability (Millions): $5-$20
Products: Frozen Meat & Other Food Products
Board Decision: APPROVED. Chairman Hochberg, Director Kian and Director Farrell all voted in favor of the Renewal.
ITEM NO 6
Country KUWAIT Policy No.: ESC-259713
Insured: Rastelli Brothers, Inc., Swedesboro, NJ
Buyer: Public Warehousing Company, K.S.C., Kuwait (d/b/a Agility Logistics)
Borrower Public Warehousing Company, K.S.C., Kuwait (d/b/a Agility Logistics) Guarantor(s): None
Exporter(s): Rastelli Brothers, Inc., Swedesboro, NJ
Supplier(s): Rastelli Brothers, Inc., Swedesboro, NJ
Insurance Broker: Export Insurance Agency, Walpole MA
Ex-Im Bank Liability (Millions): $5-$20
Products: Frozen Meat & Other Food Products
Board Decision: APPROVED. Chairman Hochberg, Director Kian and Director Farrell all voted in favor of the Renewal.
ITEM NO 7
Country INDIA AP085392XX
Request for FINAL COMMITMENT
Applicant STANDARD CHARTERED BANK, MUMBAI, MAHARASHTRA INDIA
Borrower SASAN POWER LIMITED, MUMBAI 400 055 INDIA
Guarantor NONE
Buyer SASAN POWER LIMITED, MUMBAI 400 055 INDIA
End-user SASAN POWER LIMITED, MUMBAI 400 055 INDIA
Exporter BUCYRUS INTERNATIONAL INC, SOUTH MILWAUKEE WI
Exporter BLACK & VEATCH INTL CO, KANSAS CITY MO
Exporter ADDITIONAL EXPORTERS
Supplier VARIOUS - UNITED STATES LARGE SUPPLIERS, UNKNOWN DC
Supplier SIEMENS ENERGY & AUTOMATION, ALPHARETTA GA
Supplier ADDITIONAL SUPPLIERS
Gteed Lender STANDARD CHARTERED BANK, MUMBAI, MAHARASHTRA INDIA
Project Name SASAN
Project Description SASAN COAL FIRED POWR PLANT & COAL MINE
Product Description DRAGLINES, ELECTRIC SHOVELS, TRUCKS
Financed Amount $ 917,107,902
Repayment Term 12 YEARS
Board Decision: APPROVED. Chairman Hochberg, Director Kian and Director Farrell all voted in favor of the transaction.
Completed
Certification for Closure of Meeting
I, Jonathan J. Cordone, General Counsel, hereby certify that in my opinion the Meeting of the Board of Directors scheduled for 9:30 AM on Thursday, October 21, 2010, in the Board Room will disclose information of the kind set forth in Subsection (4) and (9XB) of Section 552b(c), Title 5 of the United States Code.
Accordingly, such meeting may be closed to the public.
Date Posted
Summary of Minutes
EXPORT-IMPORT BANK OF THE UNITED STATES
Summary Of Minutes Of Meeting Of Board Of Directors
October 21, 2010
ITEM NO 1 Minutes of September 29, 2010 Board Meeting to be approved
Board Decision: APPROVED. Chairman Hochberg, Director Kian and
Director Farrell all approved the minutes.
ITEM NO 2
Country HUNGARY AP084813XX
Request for FINAL COMMITMENT
Applicant PANNONIA ETHANOL ZRT., BUDAPEST HUNGARY
Borrower PANNONIA ETHANOL ZRT., BUDAPEST HUNGARY
Guarantor NONE
Buyer PANNONIA ETHANOL ZRT., BUDAPEST HUNGARY
End-user PANNONIA ETHANOL ZRT., BUDAPEST HUNGARY
Exporter FAGEN INC., GRANITE FALLS MN
Exporter ICM, INC., COLWICH KS
Exporter ADDITIONAL EXPORTERS
Supplier A & B PROCESS SYSTEM CORP, STRATFORD WI
Supplier AIR CAPITAL EQUIPMENT INC, WICHITA KS
Supplier ADDITIONAL SUPPLIERS
Project Name PANNONIA
Project Description ETHANOL PRODUCTION FACILITY
Product Description DESIGN & ENGINEERING SERVICES
Financed Amount $ 124,200,000
Repayment Term 8 YEARS/3 MONTHS
Board Decision: APPROVED. Chairman Hochberg, Director Kian and Director Farrell all voted in favor of the transaction.
ITEM NO 3 Medium-Term Delegated Authority Program (MTDAP) Amendment
Board Decision: APPROVED. Chairman Hochberg, Director Kian
and Director Farrell all voted in favor of the amendment.
ITEM NO 4 Country Review
Board Decision: APPROVED changes to the Country Limitation Schedule
(CLS)to be effective October 28, 2010. Chairman Hochberg, Director Kian
and Director Farrell all voted in favor of the changes.
ITEM NO 5
Country SWITZERLAND Policy No.: ESC-259713
Insured: Rastelli Brothers, Inc., Swedesboro, NJ
Buyer: Supreme Foodservices GmbH, Switzerland
Borrower Supreme Foodservices GmbH, Switzerland
Guarantor(s): None
Exporter(s): Rastelli Brothers, Inc., Swedesboro, NJ
Supplier(s): Rastelli Brothers, Inc., Swedesboro, NJ
Insurance Broker: Export Insurance Agency, Walpole MA
Ex-Im Bank Liability (Millions): $5-$20
Products: Frozen Meat & Other Food Products
Board Decision: APPROVED. Chairman Hochberg, Director Kian and Director Farrell all voted in favor of the Renewal.
ITEM NO 6
Country KUWAIT Policy No.: ESC-259713
Insured: Rastelli Brothers, Inc., Swedesboro, NJ
Buyer: Public Warehousing Company, K.S.C., Kuwait (d/b/a Agility Logistics)
Borrower Public Warehousing Company, K.S.C., Kuwait (d/b/a Agility Logistics) Guarantor(s): None
Exporter(s): Rastelli Brothers, Inc., Swedesboro, NJ
Supplier(s): Rastelli Brothers, Inc., Swedesboro, NJ
Insurance Broker: Export Insurance Agency, Walpole MA
Ex-Im Bank Liability (Millions): $5-$20
Products: Frozen Meat & Other Food Products
Board Decision: APPROVED. Chairman Hochberg, Director Kian and Director Farrell all voted in favor of the Renewal.
ITEM NO 7
Country INDIA AP085392XX
Request for FINAL COMMITMENT
Applicant STANDARD CHARTERED BANK, MUMBAI, MAHARASHTRA INDIA
Borrower SASAN POWER LIMITED, MUMBAI 400 055 INDIA
Guarantor NONE
Buyer SASAN POWER LIMITED, MUMBAI 400 055 INDIA
End-user SASAN POWER LIMITED, MUMBAI 400 055 INDIA
Exporter BUCYRUS INTERNATIONAL INC, SOUTH MILWAUKEE WI
Exporter BLACK & VEATCH INTL CO, KANSAS CITY MO
Exporter ADDITIONAL EXPORTERS
Supplier VARIOUS - UNITED STATES LARGE SUPPLIERS, UNKNOWN DC
Supplier SIEMENS ENERGY & AUTOMATION, ALPHARETTA GA
Supplier ADDITIONAL SUPPLIERS
Gteed Lender STANDARD CHARTERED BANK, MUMBAI, MAHARASHTRA INDIA
Project Name SASAN
Project Description SASAN COAL FIRED POWR PLANT & COAL MINE
Product Description DRAGLINES, ELECTRIC SHOVELS, TRUCKS
Financed Amount $ 917,107,902
Repayment Term 12 YEARS
Board Decision: APPROVED. Chairman Hochberg, Director Kian and Director Farrell all voted in favor of the transaction.