Summary of the Meeting of the Board of Directors
December 9, 2011
December 31, 1969
EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF THE MEETING OF BOARD OF DIRECTORS
DECEMBER 9, 2011
ITEM NO 1 Ex-Im Bank Advisory Committee Members for 2012 (Additional Members)
Board Decision: APPOINTED persons to be members of the Ex-Im Bank Advisory Committee. Chairman Hochberg, Vice Chair Felton, Director Mulvaney, Director Loui and Director Walther all voted in favor of the appointments.
ITEM NO 2
Country IRELAND AP086519XX
Request for FINAL COMMITMENT
Applicant RYANAIR HOLDINGS PLC, CLOGHRAN IRELAND
Borrower SPV/RYANAIR LTD., CLOGHRAN IRELAND
Buyer SPV/RYANAIR LTD., CLOGHRAN IRELAND
End-user RYANAIR, LTD., CLOGHRAN IRELAND
Exporter BOEING COMPANY, THE, RENTON WA
Supplier BOEING COMPANY, THE, RENTON WA
Supplier CFM INTERNATIONAL INC, CINCINNATI OH
Supplier VARIOUS - UNITED STATES SMALL SUPPLIERS, UNKNOWN DC
Gteed Lndr NORDEUTSCHE LANDESBANK GIROZENTRALE, HANOVER 30159 GERMANY FED REP
Lessor SPV/RYANAIR LTD., CLOGHRAN IRELAND
Lessee RYANAIR, LTD., CLOGHRAN IRELAND
Project Name NONE
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
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 UNITED ARAB EMIRATES AP086572XX
Request for FINAL COMMITMENT
Applicant EMIRATES, DUBAI U ARAB EMIRATES
Borrower SPV/EMIRATES AIRLINE, DUBAI U ARAB EMIRATES
Buyer SPV/EMIRATES AIRLINE, DUBAI U ARAB EMIRATES
End-user EMIRATES, DUBAI U ARAB EMIRATES
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 JP MORGAN CHASE BANK, NEW YORK NY
Lessor SPV/EMIRATES AIRLINE, DUBAI U ARAB EMIRATES
Lessee EMIRATES, DUBAI U ARAB EMIRATES
Cofin ECA NIPPON EXPORT AND INVESTMENT INSURANCE (NEXI), CHIYODA-KU TOKYO 101-0065 JAPAN
Project Name NONE
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
Repayment Term 12 YEARS
Board Decision: APPROVED. Chairman Hochberg, Vice Chair Felton, Director Loui and
Director Walther all voted in favor of the transaction. Director Mulvaney voted against.
ITEM NO 4
Country UKRAINE AP086068XX
Request for FINAL COMMITMENT
Applicant CITIBANK N.A., NEW YORK NY
Borrower PJSC POLTAVSKE HPP, POLTAVA, 36009 UKRAINE
Borrower KONONIVSKY ELEVATOR LLC, KIEV, 01135 UKRAINE
Guarantor KERNEL HOLDING S.A., LUXEMBOURG CITY LUXEMBOURG
Guarantor KERNEL-TRADE LLC, KIEV UKRAINE
Guarantor KERNEL-CAPITAL LLC, KIEV 03680 UKRAINE
Buyer PJSC POLTAVSKE HPP, POLTAVA, 36009 UKRAINE
Buyer KONONIVSKY ELEVATOR LLC, KIEV, 01135 UKRAINE
End User PJSC POLTAVSKE HPP, POLTAVA, 36009 UKRAINE
End User KONONIVSKY ELEVATOR LLC, KIEV, 01135 UKRAINE
Exporter CHIEF INDUSTRIES, INC., KEARNEY NE
Supplier CHIEF INDUSTRIES, INC., KEARNEY NE
Gteed Lndr CITIBANK N.A., NEW YORK NY
Project Name NONE
Project Description GRAIN SILO EQUIPMENT AND CONSTRUCTION
Product Description GRAIN SILO STORAGE FACILITIES
Financed Amount $ 14,934,026
Repayment Term 5 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 5
Country TURKEY AP086253XX
Request for FINAL COMMITMENT
Applicant GE CAPITAL MARKETS CORPORATE, WASHINGTON DC
Borrower HABAS SINAI VE TIBBI GAZLAR ISTIHSAL END, ISTANBUL 80370 TURKEY
Guarantor NONE
Buyer HABAS SINAI VE TIBBI GAZLAR ISTIHSAL END, ISTANBUL 80370 TURKEY
End-user HABAS SINAI VE TIBBI GAZLAR ISTIHSAL END, ISTANBUL 80370 TURKEY
Exporter GENERAL ELECTRIC COMPANY, SCHENECTADY NY
Exporter GENERAL ELECTRIC COMPANY, GREENVILLE SC
Exporter GENERAL ELECTRIC CAPITAL SERVICES, INC., WASHINGTON DC
Supplier GENERAL ELECTRIC COMPANY, SCHENECTADY NY
Supplier GENERAL ELECTRIC COMPANY, GREENVILLE SC
Supplier GENERAL ELECTRIC CAPITAL SERVICES, INC., WASHINGTON DC
Gteed Lndr NONE
Project Name NONE
Project Description 800MW COMBINED CYCLE POWER PLANT
Product Description GAS TURBINES
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.
Completed
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 Friday, December 9, 2011 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, except Item No. 1, 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
DECEMBER 9, 2011
ITEM NO 1 Ex-Im Bank Advisory Committee Members for 2012 (Additional Members)
Board Decision: APPOINTED persons to be members of the Ex-Im Bank Advisory Committee. Chairman Hochberg, Vice Chair Felton, Director Mulvaney, Director Loui and Director Walther all voted in favor of the appointments.
ITEM NO 2
Country IRELAND AP086519XX
Request for FINAL COMMITMENT
Applicant RYANAIR HOLDINGS PLC, CLOGHRAN IRELAND
Borrower SPV/RYANAIR LTD., CLOGHRAN IRELAND
Buyer SPV/RYANAIR LTD., CLOGHRAN IRELAND
End-user RYANAIR, LTD., CLOGHRAN IRELAND
Exporter BOEING COMPANY, THE, RENTON WA
Supplier BOEING COMPANY, THE, RENTON WA
Supplier CFM INTERNATIONAL INC, CINCINNATI OH
Supplier VARIOUS - UNITED STATES SMALL SUPPLIERS, UNKNOWN DC
Gteed Lndr NORDEUTSCHE LANDESBANK GIROZENTRALE, HANOVER 30159 GERMANY FED REP
Lessor SPV/RYANAIR LTD., CLOGHRAN IRELAND
Lessee RYANAIR, LTD., CLOGHRAN IRELAND
Project Name NONE
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
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 UNITED ARAB EMIRATES AP086572XX
Request for FINAL COMMITMENT
Applicant EMIRATES, DUBAI U ARAB EMIRATES
Borrower SPV/EMIRATES AIRLINE, DUBAI U ARAB EMIRATES
Buyer SPV/EMIRATES AIRLINE, DUBAI U ARAB EMIRATES
End-user EMIRATES, DUBAI U ARAB EMIRATES
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 JP MORGAN CHASE BANK, NEW YORK NY
Lessor SPV/EMIRATES AIRLINE, DUBAI U ARAB EMIRATES
Lessee EMIRATES, DUBAI U ARAB EMIRATES
Cofin ECA NIPPON EXPORT AND INVESTMENT INSURANCE (NEXI), CHIYODA-KU TOKYO 101-0065 JAPAN
Project Name NONE
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
Repayment Term 12 YEARS
Board Decision: APPROVED. Chairman Hochberg, Vice Chair Felton, Director Loui and
Director Walther all voted in favor of the transaction. Director Mulvaney voted against.
ITEM NO 4
Country UKRAINE AP086068XX
Request for FINAL COMMITMENT
Applicant CITIBANK N.A., NEW YORK NY
Borrower PJSC POLTAVSKE HPP, POLTAVA, 36009 UKRAINE
Borrower KONONIVSKY ELEVATOR LLC, KIEV, 01135 UKRAINE
Guarantor KERNEL HOLDING S.A., LUXEMBOURG CITY LUXEMBOURG
Guarantor KERNEL-TRADE LLC, KIEV UKRAINE
Guarantor KERNEL-CAPITAL LLC, KIEV 03680 UKRAINE
Buyer PJSC POLTAVSKE HPP, POLTAVA, 36009 UKRAINE
Buyer KONONIVSKY ELEVATOR LLC, KIEV, 01135 UKRAINE
End User PJSC POLTAVSKE HPP, POLTAVA, 36009 UKRAINE
End User KONONIVSKY ELEVATOR LLC, KIEV, 01135 UKRAINE
Exporter CHIEF INDUSTRIES, INC., KEARNEY NE
Supplier CHIEF INDUSTRIES, INC., KEARNEY NE
Gteed Lndr CITIBANK N.A., NEW YORK NY
Project Name NONE
Project Description GRAIN SILO EQUIPMENT AND CONSTRUCTION
Product Description GRAIN SILO STORAGE FACILITIES
Financed Amount $ 14,934,026
Repayment Term 5 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 5
Country TURKEY AP086253XX
Request for FINAL COMMITMENT
Applicant GE CAPITAL MARKETS CORPORATE, WASHINGTON DC
Borrower HABAS SINAI VE TIBBI GAZLAR ISTIHSAL END, ISTANBUL 80370 TURKEY
Guarantor NONE
Buyer HABAS SINAI VE TIBBI GAZLAR ISTIHSAL END, ISTANBUL 80370 TURKEY
End-user HABAS SINAI VE TIBBI GAZLAR ISTIHSAL END, ISTANBUL 80370 TURKEY
Exporter GENERAL ELECTRIC COMPANY, SCHENECTADY NY
Exporter GENERAL ELECTRIC COMPANY, GREENVILLE SC
Exporter GENERAL ELECTRIC CAPITAL SERVICES, INC., WASHINGTON DC
Supplier GENERAL ELECTRIC COMPANY, SCHENECTADY NY
Supplier GENERAL ELECTRIC COMPANY, GREENVILLE SC
Supplier GENERAL ELECTRIC CAPITAL SERVICES, INC., WASHINGTON DC
Gteed Lndr NONE
Project Name NONE
Project Description 800MW COMBINED CYCLE POWER PLANT
Product Description GAS TURBINES
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.