Summary of the Meeting of the Board of Directors
Completed
I. NON-CLASSIFIED ITEMS:
OPEN: NONE
CLOSED:
TRANSPORATION DIVISION
1. COUNTRY: INDONESIA - AP087413XX
FOREIGN BUYER: PT Kereta API Indonesia (PERSERO)
PRODUCTS: Railroad Modernization Kits
II. CLASSIFIED ITEMS: NONE
I, Inci Tonguch-Murray, 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 Tuesday, April 2, 2013, 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.
Inci Tonguch-Murray
Assistant General Counsel (Acting)
ITEM NO 1
Country INDONESIA AP087413XX
Request for FINAL COMMITMENT
ApplicantPT KERETA API INDONESIA (PERSERO), WEST JAVA 40117 INDONESIA
BorrowerPT KERETA API INDONESIA (PERSERO), WEST JAVA 40117 INDONESIA
GuarantorNONE
Buyer PT KERETA API INDONESIA (PERSERO), WEST JAVA 40117 INDONESIA
End-userPT KERETA API INDONESIA (PERSERO), WEST JAVA 40117 INDONESIA
ExporterGE RAIL, ERIE PA
SupplierGE RAIL, ERIE PA
SupplierVARIOUS - UNITED STATES SMALL SUPPLIERS, UNKNOWN DC
Gted LndrNONE
Project Name NONE
Project Description RAILROAD TRANSPORTATION
Product Description RAILROAD ROLLING STOCK MANUFACTURING
Financed Amount $ 94,285,480
Repayment Term 8 YEARS/6 MONTHS
Board Decision: APPROVED. Chairman Hochberg, Vice Chair Felton, Director Mulvaney, Director Loui and Director Walther all voted in favor of the transaction.