Summary of the Meeting of the Board of Directors
November 10, 2010
December 31, 1969
ITEM NO 1
Country UNITED KINGDOM AP085168XX
Request for FINAL COMMITMENT
Applicant ING CAPITAL LLC, NEW YORK NY
Borrower INMARSAT INVESTMENT LIMITED, LONDON, EC1Y 1AX UNITED KINGDOM
Guarantor VARIOUS GUARANTORS, UNKNOWN NY
Buyer INMARSAT AG, SCHAFFHAUSEN 8201 SWITZERLAND
End-user INMARSAT AG, SCHAFFHAUSEN 8201 SWITZERLAND
Exporter BOEING SATELLITE SYSTEMS INC, EL SEGUNDO CA
Supplier BOEING SATELLITE SYSTEMS INC, EL SEGUNDO CA
Gteed Lender NONE
Project Name INMARSAT 5
Project Description COMMUNICATION SATELLITE SYSTEM
Product Description SATELLITES
Board Decision: REFER TO U.S. CONGRESS. Chairman Hochberg and Director Kian both voted in favor of the referral, Director Farrell recused herself.
ITEM NO. 2 POLICY NO.: FB-487336
Country: MEXICO
COVERAGE TYPE/TERM: COMPREHENSIVE/ST
Request For APPROVAL/RENEWAL
Policy Type FINANCIAL INSTITUTION BUYER CREDIT
Insured WELLS FARGO BANK, N.A., DALLAS, TX 75202-2741
Buyer/Obligor AGROINDUSTRIAS UNIDAS DE MEXICO, S.A. DE C.V. MEXICO D.F.,MEXICO
End User GRANJAS CARROLL DE MEXICO, S. DE R.L. DE C.V., PEROTE,MEXICO
Guarantor NONE
Exporter ECOM ATLANTIC, INC., DALLAS, TX AND OTHERS
Supplier ECOM ATLANTIC, INC., DALLAS, TX AND OTHERS
Broker STRUCTURED TRADE SERVICES LLC
Products/Use COTTON AND GRAINS FOR SALE TO THE LOCAL MARKET AND ABROAD
EX-IM BANK LIABILITY (MILLIONS): $20+
Board Decision APPROVED. Chairman Hochberg, Director Kian and Director Farrell all voted in favor of the transaction.
ITEM NO 3
Country COLOMBIA AP084891XX
Request for FINAL COMMITMENT
Applicant BNP PARIBAS, NEW YORK, NY 10019
Borrower ECOPETROL S.A., BOGOTA COLOMBIA
Guarantor NONE
Buyer ECOPETROL S.A., BOGOTA COLOMBIA
End-user ECOPETROL S.A., BOGOTA COLOMBIA
Exporter VARIOUS - UNITED STATES SUPPLIERS, UNKNOWN DC
Supplier VARIOUS - UNITED STATES SUPPLIERS, UNKNOWN DC
Gteed Lender BNP PARIBAS, NEW YORK, NY 10019
Project Name NONE
Project Description CRUDE PETROLEUM PRODUCTION
Product Description FINANCE U.S. GOODS AND SERVICES
Board Decision: REFER TO U.S. CONGRESS. Chairman Hochberg, Director Kian and Director Farrell all voted in favor of the referral.
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 Wednesday, November 10, 2010, 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.
Date Posted
Summary of Minutes
EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF THE MEETING OF BOARD OF DIRECTORS
NOVEMBER 10, 2010
ITEM NO 1
Country UNITED KINGDOM AP085168XX
Request for FINAL COMMITMENT
Applicant ING CAPITAL LLC, NEW YORK NY
Borrower INMARSAT INVESTMENT LIMITED, LONDON, EC1Y 1AX UNITED KINGDOM
Guarantor VARIOUS GUARANTORS, UNKNOWN NY
Buyer INMARSAT AG, SCHAFFHAUSEN 8201 SWITZERLAND
End-user INMARSAT AG, SCHAFFHAUSEN 8201 SWITZERLAND
Exporter BOEING SATELLITE SYSTEMS INC, EL SEGUNDO CA
Supplier BOEING SATELLITE SYSTEMS INC, EL SEGUNDO CA
Gteed Lender NONE
Project Name INMARSAT 5
Project Description COMMUNICATION SATELLITE SYSTEM
Product Description SATELLITES
Board Decision: REFER TO U.S. CONGRESS. Chairman Hochberg and Director Kian both voted in favor of the referral, Director Farrell recused herself.
ITEM NO. 2 POLICY NO.: FB-487336
Country: MEXICO
COVERAGE TYPE/TERM: COMPREHENSIVE/ST
Request For APPROVAL/RENEWAL
Policy Type FINANCIAL INSTITUTION BUYER CREDIT
Insured WELLS FARGO BANK, N.A., DALLAS, TX 75202-2741
Buyer/Obligor AGROINDUSTRIAS UNIDAS DE MEXICO, S.A. DE C.V. MEXICO D.F.,MEXICO
End User GRANJAS CARROLL DE MEXICO, S. DE R.L. DE C.V., PEROTE,MEXICO
Guarantor NONE
Exporter ECOM ATLANTIC, INC., DALLAS, TX AND OTHERS
Supplier ECOM ATLANTIC, INC., DALLAS, TX AND OTHERS
Broker STRUCTURED TRADE SERVICES LLC
Products/Use COTTON AND GRAINS FOR SALE TO THE LOCAL MARKET AND ABROAD
EX-IM BANK LIABILITY (MILLIONS): $20+
Board Decision APPROVED. Chairman Hochberg, Director Kian and Director Farrell all voted in favor of the transaction.
ITEM NO 3
Country COLOMBIA AP084891XX
Request for FINAL COMMITMENT
Applicant BNP PARIBAS, NEW YORK, NY 10019
Borrower ECOPETROL S.A., BOGOTA COLOMBIA
Guarantor NONE
Buyer ECOPETROL S.A., BOGOTA COLOMBIA
End-user ECOPETROL S.A., BOGOTA COLOMBIA
Exporter VARIOUS - UNITED STATES SUPPLIERS, UNKNOWN DC
Supplier VARIOUS - UNITED STATES SUPPLIERS, UNKNOWN DC
Gteed Lender BNP PARIBAS, NEW YORK, NY 10019
Project Name NONE
Project Description CRUDE PETROLEUM PRODUCTION
Product Description FINANCE U.S. GOODS AND SERVICES
Board Decision: REFER TO U.S. CONGRESS. Chairman Hochberg, Director Kian and Director Farrell all voted in favor of the referral.