Agenda/Summary of Minutes of Meeting of Board of Directors
MEETING OF THE BOARD OF DIRECTORS
AGENDA
Thursday, August 2, 2012
I. NON-CLASSIFIED ITEMS:
OPEN: NONE
CLOSED:
1. Minutes of June 28, 2012 Board Meeting to be approved
2. Minutes of July 12, 2012 Board Meeting to be approved
TRANSPORTATION DIVISION
Pending Congressional Review - Expiry Date: 07-25-12
3. COUNTRY: IRELAND - AP087239XX
FOREIGN BUYER: SPV/Ryanair Ltd.
END USER: Ryanair, Ltd.
PRODUCTS: Aircraft
4. COUNTRY: CAYMAN ISLANDS - AP087264XX
FOREIGN BUYER: SPV/Jackson Square International Holding
END USER: PT Lion Mentari (Lion Air)
PRODUCTS: Aircraft
II. CLASSIFIED ITEMS: NONE
CERTIFICATION FOR CLOSURE OF MEETING
I, Lisa V. Terry, Assistant General Counsel for Administration (Acting) , hereby certify that in my opinion the Meeting of the Board of Directors scheduled for 9:30 AM on Thursday, August 2, 2012, 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.
Lisa V. Terry
Assistant General Counsel
Date Posted: July 26, 2012
ITEM NO 1
Country UNITED ARAB EMIRATES AP084728XX
Request for FINAL COMMITMENT
Applicant WESTINGHOUSE ELECTRIC CO LLC, MONROEVILLE PA
Borrower SPV, ABU DHABI U ARAB EMIRATES
Guarantor KOREA ELECTRIC POWER CORP, SEOUL 135-791 KOREA, REP OF
Guarantor ABU DHABI DEPARTMENT OF FINANCE, ABU DHABI U ARAB EMIRATES
Buyer DOOSAN HEAVY INDUSTRIES & CONSTRUCTION, SEOUL KOREA, REP OF
End-user SPV, ABU DHABI U ARAB EMIRATES
Exporter WESTINGHOUSE ELECTRIC CO LLC, MONROEVILLE PA
Exporter AMALE INTERNATIONAL INC, OAK RIDGE TN
Exporter ADDITIONAL EXPORTERS
Supplier WESTINGHOUSE ELECTRIC CO LLC, MONROEVILLE PA
Supplier AMALE INTERNATIONAL INC, OAK RIDGE TN
Supplier ADDITIONAL SUPPLIERS
Gteed Lndr NONE
Project Name BARAKAH ONE COMPANY
Project Description NUCLEAR POWER PLANT
Product Description ENGINEERING, PUMPS I&C
Board Decision: REFER TO U.S. CONGRESS. Chairman Hochberg, Vice Chair Felton, Director Mulvaney, Director Loui and Director Walther all voted
in favor of the referral.
ITEM NO 2
Country TURKEY AP087215XX
Request for FINAL COMMITMENT
Applicant UPS Capital Business Credit, Windsor CT
Borrower BIS ENERJI ELEKTRIK URETIM A S, BURSA TURKEY
Guarantor TURKIYE HALK BANKASI AS, ANKARA, TURKEY
Buyer BIS ENERJI ELEKTRIK URETIM A S, BURSA TURKEY
End-user BIS ENERJI ELEKTRIK URETIM A S, BURSA TURKEY
Exporter UPS Capital Business Credit, Windsor CT
Exporter GE PACKAGED POWER INC, HOUSTON TX
Exporter ADDITIONAL EXPORTERS
Supplier UPS Capital Business Credit, Windsor CT
Supplier WAHLCOMETROFLEX INC., LEWISTON ME
Supplier ADDITIONAL SUPPLIERS
Gteed Lndr UPS Capital Business Credit, Windsor CT
Project Name BIS ENERJI
Project Description 76MW COMBINED CYCLE POWER PLANT
Product Description LM6000 GENERATOR SET
Financed Amount $ 66,318,936
Repayment Term 12 YEARS
Board Decision: APPROVED. Chairman Hochberg, Vice Chair Felton,
Director Mulvaney, Director Loui and Director Walther all voted in
favor of the transaction.
ITEM NO 3 Country Review
Request for changes to the Country Limitation Schedule (CLS) to be effective August 9, 2012.
Board Decision: APPROVED. Chairman Hochberg, Vice Chair Felton,
Director Mulvaney, Director Loui and Director Walther all voted in favor of the changes.
MEETING OF THE BOARD OF DIRECTORS
AGENDA
Thursday, August 2, 2012
I. NON-CLASSIFIED ITEMS:
OPEN: NONE
CLOSED:
1. Minutes of June 28, 2012 Board Meeting to be approved
2. Minutes of July 12, 2012 Board Meeting to be approved
TRANSPORTATION DIVISION
Pending Congressional Review - Expiry Date: 07-25-12
3. COUNTRY: IRELAND - AP087239XX
FOREIGN BUYER: SPV/Ryanair Ltd.
END USER: Ryanair, Ltd.
PRODUCTS: Aircraft
4. COUNTRY: CAYMAN ISLANDS - AP087264XX
FOREIGN BUYER: SPV/Jackson Square International Holding
END USER: PT Lion Mentari (Lion Air)
PRODUCTS: Aircraft
II. CLASSIFIED ITEMS: NONE
OPEN: NONE
CLOSED:
1. Minutes of June 28, 2012 Board Meeting to be approved
2. Minutes of July 12, 2012 Board Meeting to be approved
TRANSPORTATION DIVISION
Pending Congressional Review - Expiry Date: 07-25-12
3. COUNTRY: IRELAND - AP087239XX
FOREIGN BUYER: SPV/Ryanair Ltd.
END USER: Ryanair, Ltd.
PRODUCTS: Aircraft
4. COUNTRY: CAYMAN ISLANDS - AP087264XX
FOREIGN BUYER: SPV/Jackson Square International Holding
END USER: PT Lion Mentari (Lion Air)
PRODUCTS: Aircraft
II. CLASSIFIED ITEMS: NONE
CERTIFICATION FOR CLOSURE OF MEETING
I, Lisa V. Terry, Assistant General Counsel for Administration (Acting) , hereby certify that in my opinion the Meeting of the Board of Directors scheduled for 9:30 AM on Thursday, August 2, 2012, 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.
Lisa V. Terry
Assistant General Counsel
Date Posted: July 26, 2012
ITEM NO 1 Country UNITED ARAB EMIRATES AP084728XX Request for FINAL COMMITMENT Applicant WESTINGHOUSE ELECTRIC CO LLC, MONROEVILLE PA Borrower SPV, ABU DHABI U ARAB EMIRATES Guarantor KOREA ELECTRIC POWER CORP, SEOUL 135-791 KOREA, REP OF Guarantor ABU DHABI DEPARTMENT OF FINANCE, ABU DHABI U ARAB EMIRATES Buyer DOOSAN HEAVY INDUSTRIES & CONSTRUCTION, SEOUL KOREA, REP OF End-user SPV, ABU DHABI U ARAB EMIRATES Exporter WESTINGHOUSE ELECTRIC CO LLC, MONROEVILLE PA Exporter AMALE INTERNATIONAL INC, OAK RIDGE TN Exporter ADDITIONAL EXPORTERS Supplier WESTINGHOUSE ELECTRIC CO LLC, MONROEVILLE PA Supplier AMALE INTERNATIONAL INC, OAK RIDGE TN Supplier ADDITIONAL SUPPLIERS Gteed Lndr NONE Project Name BARAKAH ONE COMPANY Project Description NUCLEAR POWER PLANT Product Description ENGINEERING, PUMPS I&C Board Decision: REFER TO U.S. CONGRESS. Chairman Hochberg, Vice Chair Felton, Director Mulvaney, Director Loui and Director Walther all voted in favor of the referral. ITEM NO 2 Country TURKEY AP087215XX Request for FINAL COMMITMENT Applicant UPS Capital Business Credit, Windsor CT Borrower BIS ENERJI ELEKTRIK URETIM A S, BURSA TURKEY Guarantor TURKIYE HALK BANKASI AS, ANKARA, TURKEY Buyer BIS ENERJI ELEKTRIK URETIM A S, BURSA TURKEY End-user BIS ENERJI ELEKTRIK URETIM A S, BURSA TURKEY Exporter UPS Capital Business Credit, Windsor CT Exporter GE PACKAGED POWER INC, HOUSTON TX Exporter ADDITIONAL EXPORTERS Supplier UPS Capital Business Credit, Windsor CT Supplier WAHLCOMETROFLEX INC., LEWISTON ME Supplier ADDITIONAL SUPPLIERS Gteed Lndr UPS Capital Business Credit, Windsor CT Project Name BIS ENERJI Project Description 76MW COMBINED CYCLE POWER PLANT Product Description LM6000 GENERATOR SET Financed Amount $ 66,318,936 Repayment Term 12 YEARS Board Decision: APPROVED. Chairman Hochberg, Vice Chair Felton, Director Mulvaney, Director Loui and Director Walther all voted in favor of the transaction. ITEM NO 3 Country Review Request for changes to the Country Limitation Schedule (CLS) to be effective August 9, 2012. Board Decision: APPROVED. Chairman Hochberg, Vice Chair Felton, Director Mulvaney, Director Loui and Director Walther all voted in favor of the changes.