Agenda/Summary of Minutes of Meeting of Board of Directors
EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
OCTOBER 27, 2011
ITEM NO 1 WITHDRAWN
ITEM NO 2
Country ETHIOPIA AP085792XX
Request for FINAL COMMITMENT
Applicant ETHIOPIAN AIRLINES ENTERPRISE SC, ADDIS ABABA, ETHIOPIA
Borrower SPV/ETHIOPIAN AIRLINES SC, ADDIS ABABA ETHIOPIA
Buyer SPV/ETHIOPIAN AIRLINES SC, ADDIS ABABA ETHIOPIA
End-user ETHIOPIAN AIRLINES ENTERPRISE SC, ADDIS ABABA, ETHIOPIA
Exporter CFM INTERNATIONAL INC, CINCINNATI OH
Exporter BOEING COMPANY, THE, RENTON WA
Supplier CFM INTERNATIONAL INC, CINCINNATI OH
Supplier BOEING COMPANY, THE, RENTON WA
Supplier VARIOUS - UNITED STATES SMALL SUPPLIERS, UNKNOWN DC
Gted Lender JPMORGAN CHASE BANK, NEW YORK NY
Lessor SPV/ETHIOPIAN AIRLINES SC, ADDIS ABABA ETHIOPIA
Lessee ETHIOPIAN AIRLINES ENTERPRISE SC, ADDIS ABABA, ETHIOPIA
Project Name NONE
Project Description AIR TRANSPORTION
Product Description AIRCRAFT
Repayment Term 12 YEARS
Board Decision APPROVED. Chairman Hochberg, Vice Chair Felton, and
Director Mulvaney all voted in favor of the transaction.
ITEM NO 3
Country UNITED STATES AP086438XX
Request for FINAL COMMITMENT
Applicant ATLAS AIR, INC., PURCHASE NY
Borrower SPC/ATLAS AIR, INC., PURCHASE NY
Buyer SPC/ATLAS AIR, INC., PURCHASE NY
End-user VARIOUS END USER SUB-LESSEES, UNKNOWN VARIOUS CNTRIES
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 APPLE BANK FOR SAVINGS, NEW YORK NY
Lessor SPC/ATLAS AIR, INC., PURCHASE NY
Lessee ATLAS AIR, INC., PURCHASE NY
Project Name NONE
Project Description AIR TRANSPORTATION - CARGO
Product Description AIRCRAFT
Board Decision REFER TO U.S. CONGRESS. Chairman Hochberg, Vice Chair Felton,
and Director Mulvaney all voted in favor of the referral.
Item No. 4
Country MEXICO Policy No. ESS 512034
Request For Special Delegated Authority
Policy Type Short-Term Single-Buyer Coverage Type/Term Comprehensive/ST
Insured TOOLING & EQUIPMENT INTERNATIONAL CORPORATION, LIVONIA, MI
Buyer/Obligor NEMAK, S.A. VILLA DE GARCIA, NUEVO LEON, MEXICO
End User NEMAK, S.A. VILLA DE GARCÍA, NUEVO LEÓN, MÉXICO
Guarantor NONE
Exporter TOOLING & EQUIPMENT INTERNATIONAL CORPORATION, LIVONIA, MI
Supplier TOOLING & EQUIPMENT INTERNATIONAL CORPORATION, LIVONIA, MI
Broker JOHNSTONE DOWNEY KLEIN, INC./DBA/INTERNATIONAL RISK CONSULTANTS, COLUMBUS, OH
Products/Use MOLDS AND CORE BOXES
Ex-Im Bank Liability (Millions) $20+
Board Decision APPROVED. Chairman Hochberg, Vice Chair Felton, and Director Mulvaney
all voted in favor of the Special Delegated Authority.
EXPORT-IMPORT BANK OF THE UNITED STATES SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS OCTOBER 27, 2011 ITEM NO 1 WITHDRAWN ITEM NO 2 Country ETHIOPIA AP085792XX Request for FINAL COMMITMENT Applicant ETHIOPIAN AIRLINES ENTERPRISE SC, ADDIS ABABA, ETHIOPIA Borrower SPV/ETHIOPIAN AIRLINES SC, ADDIS ABABA ETHIOPIA Buyer SPV/ETHIOPIAN AIRLINES SC, ADDIS ABABA ETHIOPIA End-user ETHIOPIAN AIRLINES ENTERPRISE SC, ADDIS ABABA, ETHIOPIA Exporter CFM INTERNATIONAL INC, CINCINNATI OH Exporter BOEING COMPANY, THE, RENTON WA Supplier CFM INTERNATIONAL INC, CINCINNATI OH Supplier BOEING COMPANY, THE, RENTON WA Supplier VARIOUS - UNITED STATES SMALL SUPPLIERS, UNKNOWN DC Gted Lender JPMORGAN CHASE BANK, NEW YORK NY Lessor SPV/ETHIOPIAN AIRLINES SC, ADDIS ABABA ETHIOPIA Lessee ETHIOPIAN AIRLINES ENTERPRISE SC, ADDIS ABABA, ETHIOPIA Project Name NONE Project Description AIR TRANSPORTION Product Description AIRCRAFT Repayment Term 12 YEARS Board Decision APPROVED. Chairman Hochberg, Vice Chair Felton, and Director Mulvaney all voted in favor of the transaction. ITEM NO 3 Country UNITED STATES AP086438XX Request for FINAL COMMITMENT Applicant ATLAS AIR, INC., PURCHASE NY Borrower SPC/ATLAS AIR, INC., PURCHASE NY Buyer SPC/ATLAS AIR, INC., PURCHASE NY End-user VARIOUS END USER SUB-LESSEES, UNKNOWN VARIOUS CNTRIES 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 APPLE BANK FOR SAVINGS, NEW YORK NY Lessor SPC/ATLAS AIR, INC., PURCHASE NY Lessee ATLAS AIR, INC., PURCHASE NY Project Name NONE Project Description AIR TRANSPORTATION - CARGO Product Description AIRCRAFT Board Decision REFER TO U.S. CONGRESS. Chairman Hochberg, Vice Chair Felton, and Director Mulvaney all voted in favor of the referral. Item No. 4 Country MEXICO Policy No. ESS 512034 Request For Special Delegated Authority Policy Type Short-Term Single-Buyer Coverage Type/Term Comprehensive/ST Insured TOOLING & EQUIPMENT INTERNATIONAL CORPORATION, LIVONIA, MI Buyer/Obligor NEMAK, S.A. VILLA DE GARCIA, NUEVO LEON, MEXICO End User NEMAK, S.A. VILLA DE GARCÍA, NUEVO LEÓN, MÉXICO Guarantor NONE Exporter TOOLING & EQUIPMENT INTERNATIONAL CORPORATION, LIVONIA, MI Supplier TOOLING & EQUIPMENT INTERNATIONAL CORPORATION, LIVONIA, MI Broker JOHNSTONE DOWNEY KLEIN, INC./DBA/INTERNATIONAL RISK CONSULTANTS, COLUMBUS, OH Products/Use MOLDS AND CORE BOXES Ex-Im Bank Liability (Millions) $20+ Board Decision APPROVED. Chairman Hochberg, Vice Chair Felton, and Director Mulvaney all voted in favor of the Special Delegated Authority.