Summary of the Meeting of the Board of Directors

November 7, 2013 December 31, 1969

Completed

Agenda

TRANSPORTATION DIVISION
Congressional Review - Expiry Date: 10-31-13
1. COUNTRY: HONG KONG - AP088147XX WITHDRAWN
FOREIGN BUYER: SPV/Cathay Pacific Airways, Ltd.
END USER: Cathay Pacific Airways, Ltd.
PRODUCTS: Aircraft


Public Notice Expiry Date: 10-22-13
2A. COUNTRY: KOREA - AP088292XX
FOREIGN BUYER: SPV/Korean Air Lines
END USER: Korean Air Lines Co., Ltd.
PRODUCTS: Aircraft


Public Notice Expiry Date: 10-22-13
2B. COUNTRY: KOREA - AP088292XB
FOREIGN BUYER: SPV/Korean Air Lines
END USER: Korean Air Lines Co., Ltd.
PRODUCTS: Aircraft


Public Notice Expiry Date: 10-22-13
2C. COUNTRY: KOREA - AP088292XB
FOREIGN BUYER: SPV/Korean Air Lines
END USER: Korean Air Lines Co., Ltd.
PRODUCTS: Aircraft


Public Notice Expiry Date: 10-07-13
3. COUNTRY: CHINA - AP088162XX
FOREIGN BUYER: SPV/ China Southern Airlines
END USER: China Southern Airlines
PRODUCTS: Aircraft


STRUCTURED FINANCE DIVISION
4. COUNTRY: BULGARIA - AP086418XX
FOREIGN BUYER: Bulgariasat AD
PRODUCTS: Satellite Coverage


Certification for Closure of Meeting

I, Andrea Q. Bernardo, Assistant General Counsel for Administration, hereby certify
that in my opinion the Meeting of the Board of Directors scheduled for 9:00 AM on Thursday,November 7, 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.


Andrea Q. Bernardo
Assistant General Counsel


Date Posted
Summary of Minutes

ITEM NO 1 WITHDRAWN


ITEM NO 2A
Country KOREA, SOUTH AP088292XX
Request for FINAL COMMITMENT


ApplicantKOREAN AIR LINES CO., LTD., SEOUL KOREA, REP OF
BorrowerSPV/KOREAN AIR LINES, SEOUL KOREA, REP OF
BuyerSPV/KOREAN AIR LINES, SEOUL KOREA, REP OF
End-userKOREAN AIR LINES CO., LTD., SEOUL KOREA, REP OF
ExporterBOEING COMPANY, THE, EVERETT WA
SupplierBOEING COMPANY, THE, EVERETT WA
SupplierGENERAL ELECTRIC COMPANY, CINCINNATI OH
SupplierVARIOUS - UNITED STATES SMALL SUPPLIERS, UNKNOWN DC
Gtd LndrJPMORGAN CHASE & CO, NEW YORK NY
LessorSPV/KOREAN AIR LINES, SEOUL KOREA, REP OF
LesseeKOREAN AIR LINES CO., LTD., SEOUL KOREA, REP OF
Cofin ECA EXPORT IMPORT BANK OF KOREA (KEXIM), SEOUL KOREA, REP OF


Project Name NONE
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT


Board Decision: REFERRED to US Congress. Chairman Hochberg and Director Loui voted in favor of the referral. Director Mulvaney voted against.


ITEM NO 2B
Country KOREA, SOUTH AP088292XA
Request for FINAL COMMITMENT


ApplicantKOREAN AIR LINES CO., LTD., SEOUL KOREA, REP OF
BorrowerSPV/KOREAN AIR LINES, SEOUL KOREA, REP OF
Buyer SPV/KOREAN AIR LINES, SEOUL KOREA, REP OF
End-userKOREAN AIR LINES CO., LTD., SEOUL KOREA, REP OF
ExporterBOEING COMPANY, THE, EVERETT WA
SupplierBOEING COMPANY, THE, EVERETT WA
SupplierGENERAL ELECTRIC COMPANY, CINCINNATI OH
SupplierVARIOUS - UNITED STATES SMALL SUPPLIERS, UNKNOWN DC
Gtd LndrTORONTO-DOMINION BANK, THE, SINGAPORE 039192 SINGAPORE
LessorSPV/KOREAN AIR LINES, SEOUL KOREA, REP OF
LesseeKOREAN AIR LINES CO., LTD., SEOUL KOREA, REP OF
Cofin ECA EXPORT IMPORT BANK OF KOREA (KEXIM), SEOUL KOREA, REP OF


Project Name NONE
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT


Board Decision: REFERRED to US Congress. Chairman Hochberg and Director Loui voted in favor of the referral. Director Mulvaney voted against.


ITEM NO 2C
Country KOREA, SOUTH AP088292XB
Request for FINAL COMMITMENT


ApplicantKOREAN AIR LINES CO., LTD., SEOUL KOREA, REP OF
Borrower SPV/KOREAN AIR LINES, SEOUL KOREA, REP OF
Buyer SPV/KOREAN AIR LINES, SEOUL KOREA, REP OF
End-userKOREAN AIR LINES CO., LTD., SEOUL KOREA, REP OF
ExporterBOEING COMPANY, THE, EVERETT WA
SupplierBOEING COMPANY, THE, EVERETT WA
SupplierGENERAL ELECTRIC COMPANY, CINCINNATI OH
SupplierVARIOUS - UNITED STATES SMALL SUPPLIERS, UNKNOWN DC
Gtd LndrJPMORGAN CHASE & CO, NEW YORK NY
LessorSPV/KOREAN AIR LINES, SEOUL KOREA, REP OF
LesseeKOREAN AIR LINES CO., LTD., SEOUL KOREA, REP OF
Cofin ECA EXPORT IMPORT BANK OF KOREA (KEXIM), SEOUL KOREA, REP OF


Project Name NONE
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT


Board Decision: REFERRED to US Congress. Chairman Hochberg and Director Loui voted in favor of the referral. Director Mulvaney voted against.


ITEM NO 3
Country CHINA AP088162XX
Request for FINAL COMMITMENT


ApplicantCHINA SOUTHERN AIRLINES CO LTD, GUANGZHOU, GUANGDONG 510406 CHINA(MAINLAND)
BorrowerSPV/CHINA SOUTHERN AIRLINES, GUANGZHOU GUANGDONG CHINA(MAINLAND)
Buyer SPV/CHINA SOUTHERN AIRLINES, GUANGZHOU GUANGDONG CHINA(MAINLAND)
End-user CHINA SOUTHERN AIRLINES CO LTD, GUANGZHOU, GUANGDONG 510406 CHINA(MAINLAND)
Exporter BOEING COMPANY, THE, EVERETT WA
SupplierVARIOUS - UNITED STATES SMALL SUPPLIERS, UNKNOWN DC
SupplierBOEING COMPANY, THE, EVERETT WA
SupplierGENERAL ELECTRIC COMPANY, CINCINNATI OH
Gtd LndrJPMORGAN CHASE & CO, NEW YORK NY
LessorSPV/CHINA SOUTHERN AIRLINES, GUANGZHOU GUANGDONG CHINA(MAINLAND)
LesseeCHINA SOUTHERN AIRLINES CO LTD, GUANGZHOU, GUANGDONG 510406 CHINA(MAINLAND)
Cofin ECA NIPPON EXPORT AND INVESTMENT INSURANCE (NEXI), CHIYODA-KU TOKOYO 101-0065 JAPAN


Project Name NONE
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
Board Decision: REFERRED to US Congress. Chairman Hochberg, Director Mulvaney and Director Loui voted in favor of the referral.


ITEM NO 4
Country BULGARIA AP086418XX
Request for FINAL COMMITMENT


ApplicantBULGARIASAT AD, SOFIA 1784 BULGARIA
BorrowerBULGARIASAT AD, SOFIA 1784 BULGARIA
GuarantorNONE
Buyer BULGARIASAT AD, SOFIA 1784 BULGARIA
End-userBULGARIASAT AD, SOFIA 1784 BULGARIA
ExporterSPACE SYSTEMS/LORAL, LLC, PALO ALTO CA
Supplier SPACE SYSTEMS/LORAL, LLC, PALO ALTO CA
Gtd LndrNONE


Project Name BULGARIA SAT-1
Project Description TELEVISION BROADCASTING SERVICES
Product Description 1 SATELLITE W/KU-BAND DTH/FSS COVERAGE


Board Decision: REFERRED to US Congress and Public Notice. Chairman Hochberg, Director Mulvaney and Director Loui all voted in favor of the referral.