Summary of the Meeting of the Board of Directors
March 27, 2014
December 31, 1969
ITEM
NO 2 Minutes of March 6, 2014 Board
Meeting for consideration and approval.
ITEM
NO 3 Minutes of March 13, 2014 Board
Meeting for consideration and approval.
ITEM
NO 4
ITEM
NO 5A AP088665XX
ITEM
NO 5B PC088675XX
ITEM
NO 6
Completed
Agenda
I. OPEN:
1. Ex-ImBank Sub-Saharan Advisory Committee for 2014 (New Members)
II.CLOSED:
2.Minutes of March 6, 2014 Board Meetingto be approved
3.Minutes of March 13, 2014 Board Meetingto be approved
TRANSPORTATION DIVISION
4.COUNTRY: TURKEY - AP088563XX
FOREIGN BUYER: Korfez Havacilik Turizm ve Ticaret, A.S.
PRODUCTS:Aircraft
TOTAL FINANCED AMOUNT: $59,937,632
5A. COUNTRY:TURKEY - AP088665XX
FOREIGN BUYER:SPV / Turkish Airlines Inc.
END USER:Turkish Airlines Inc.
PRODUCTS: Aircraft
5B.COUNTRY:TURKEY - PC088675XX
FOREIGN BUYER:SPV / Turkish Airlines Inc.
END USER:Turkish Airlines Inc.
PRODUCTS: Aircraft
WORKING CAPITAL DIVISION
6. Working Capital Guarantee No. AP088564XX
OBLIGOR: Ascend PerformanceMaterials Operations
Ascend Performance Materials SPRL
PRODUCTS: Nylon Resins and Chemicals
EXIMBANKLIABILITY: $117,000,000
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 9:30 AM on Thursday, March 27, 2014 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.
Andrea Q. Bernardo
Assistant General Counsel
Date Posted
Summary of Minutes
ITEM NO 1 Ex-Im Bank Sub-Saharan Advisory
Committee for 2014 (New Members)
Committee for 2014 (New Members)
Board Decision: APPOINTED the
members of the Ex-Im Bank Sub-Saharan Advisory Committee.Chairman Hochberg, Director Mulvaney and
Director Loui all voted in favor of the
appointment.
members of the Ex-Im Bank Sub-Saharan Advisory Committee.Chairman Hochberg, Director Mulvaney and
Director Loui all voted in favor of the
appointment.
ITEM
NO 2 Minutes of March 6, 2014 Board
Meeting for consideration and approval.
Board Decision:MINUTES APPROVED.Chairman Hochberg, Director Mulvaney and
Director Loui all voted in favor of the minutes.
Director Loui all voted in favor of the minutes.
ITEM
NO 3 Minutes of March 13, 2014 Board
Meeting for consideration and approval.
Board Decision:MINUTES APPROVED.Chairman Hochberg, Director Mulvaney and
Director Loui all voted in favor of the minutes.
Director Loui all voted in favor of the minutes.
ITEM
NO 4
Country TURKEY AP088563XX
Request
for FINAL COMMITMENT (NEW)
for FINAL COMMITMENT (NEW)
ApplicantHSBC BANK PLC, London UNITED KINGDOM
BorrowerKORFEZ
HAVACILIK TURIZM VE TICARET A.S., Istanbul TURKEY
HAVACILIK TURIZM VE TICARET A.S., Istanbul TURKEY
BuyerKORFEZ HAVACILIK TURIZM VE TICARET A.S.,
Istanbul TURKEY
Istanbul TURKEY
End-userKORFEZ
HAVACILIK TURIZM VE TICARET A.S., Istanbul TURKEY
HAVACILIK TURIZM VE TICARET A.S., Istanbul TURKEY
ExporterGULFSTREAM
AEROSPACE CORPORATION, Savannah GA
AEROSPACE CORPORATION, Savannah GA
SupplierGULFSTREAM
AEROSPACE CORPORATION, Savannah GA
AEROSPACE CORPORATION, Savannah GA
Gteed
LenderHSBC BANK PLC, London UNITED
KINGDOM
LenderHSBC BANK PLC, London UNITED
KINGDOM
Project
Name NONE
Name NONE
Project
Description AIR TRANSPORTATION
Description AIR TRANSPORTATION
Product
Description AIRCRAFT
Description AIRCRAFT
Board Decision:TRANSCTION REFERED TO CONGRESS.
Chairman Hochberg, Director Mulvaney and Director Loui all
voted in favor of the referral.
voted in favor of the referral.
ITEM
NO 5A AP088665XX
Country TURKEY
Request
for FINAL COMMITMENT (NEW)
for FINAL COMMITMENT (NEW)
ApplicantTURKISH
AIRLINES INC, Istanbul 34830, Turkey TURKEY
AIRLINES INC, Istanbul 34830, Turkey TURKEY
BorrowerSPV/TURKISH
AIRLINES INC., Istanbul TURKEY
AIRLINES INC., Istanbul TURKEY
BuyerSPV/TURKISH
AIRLINES INC., Istanbul TURKEY
AIRLINES INC., Istanbul TURKEY
End-userTURKISH
AIRLINES INC, Istanbul 34830, Turkey TURKEY
AIRLINES INC, Istanbul 34830, Turkey TURKEY
ExporterGENERAL
ELECTRIC TRANSPORTATION, Cincinnati OH
ELECTRIC TRANSPORTATION, Cincinnati OH
Gtd
Lender MIZUHO CORPORATE BANK, LTD.,
JAPAN
Lender MIZUHO CORPORATE BANK, LTD.,
JAPAN
Gtd
LenderDEVELOPMENT
BANK OF JAPAN, JAPAN
LenderDEVELOPMENT
BANK OF JAPAN, JAPAN
SupplierGENERAL
ELECTRIC TRANSPORTATION, Cincinnati OH
ELECTRIC TRANSPORTATION, Cincinnati OH
SupplierVARIOUS
US SMALL BUSINESSES, Washington DC
US SMALL BUSINESSES, Washington DC
LessorSPV/TURKISH
AIRLINES INC., Istanbul TURKEY
AIRLINES INC., Istanbul TURKEY
LesseeTURKISH
AIRLINES INC, Istanbul 34830, Turkey TURKEY
AIRLINES INC, Istanbul 34830, Turkey TURKEY
Project
Name NONE
Name NONE
Project
Description AIR TRANSPORTATION
Description AIR TRANSPORTATION
Product
Description AIRCRAFT
Description AIRCRAFT
Board Decision:TRANSCTION REFERED TO CONGRESS.
Chairman Hochberg, Director Mulvaney and Director Loui all
voted in favor of the referral.
voted in favor of the referral.
ITEM
NO 5B PC088675XX
Country TURKEY
Request
for PRELIMINARYCOMMITMENT
for PRELIMINARYCOMMITMENT
ApplicantTURKISH
AIRLINES INC, Istanbul 34830, Turkey TURKEY
AIRLINES INC, Istanbul 34830, Turkey TURKEY
BorrowerSPV/TURKISH
AIRLINES INC., Istanbul TURKEY
AIRLINES INC., Istanbul TURKEY
BuyerSPV/TURKISH
AIRLINES INC., Istanbul TURKEY
AIRLINES INC., Istanbul TURKEY
End-userTURKISH
AIRLINES INC, Istanbul 34830, Turkey TURKEY
AIRLINES INC, Istanbul 34830, Turkey TURKEY
ExporterGENERAL
ELECTRIC TRANSPORTATION, Cincinnati OH
ELECTRIC TRANSPORTATION, Cincinnati OH
Exporter
BOEING COMPANY, THE, Everette WA
BOEING COMPANY, THE, Everette WA
SupplierGENERAL
ELECTRIC TRANSPORTATION, Cincinnati OH
ELECTRIC TRANSPORTATION, Cincinnati OH
SupplierVARIOUS
US SMALL BUSINESSES, Washington DC
US SMALL BUSINESSES, Washington DC
SupplierBOEING
COMPANY, THE, Everette WA
COMPANY, THE, Everette WA
SupplierCFM INTERNATIONAL INC, Cincinnatti,
Oh
Oh
Gtd
Lender FINANCIAL INSTITUTION
ACCEPTABLE TO EIB, N/A TURKEY
Lender FINANCIAL INSTITUTION
ACCEPTABLE TO EIB, N/A TURKEY
LessorSPV/TURKISH
AIRLINES INC., Istanbul TURKEY
AIRLINES INC., Istanbul TURKEY
LesseeTURKISH
AIRLINES INC, Istanbul 34830, Turkey TURKEY
AIRLINES INC, Istanbul 34830, Turkey TURKEY
Project
Name NONE
Name NONE
Project
Description AIR TRANSPORTATION
Description AIR TRANSPORTATION
Product
Description AIRCRAFT
Description AIRCRAFT
Board Decision:TRANSCTION REFERED TO CONGRESS.
Chairman Hochberg, Director Mulvaney and Director Loui all
voted in favor of the referral.
voted in favor of the referral.
ITEM
NO 6
Division
UNITED STATES
UNITED STATES
Working
Capital Guarantee No. AP088564XX
Capital Guarantee No. AP088564XX
Request
for REVOLVING LOAN FACILITY
for REVOLVING LOAN FACILITY
ApplicantWELLS
FARGO BANK, N.A., Atlanta GA
FARGO BANK, N.A., Atlanta GA
Gteed
Lender WELLS FARGO BANK, N.A., Atlanta GA
Lender WELLS FARGO BANK, N.A., Atlanta GA
ObligorASCEND
PERFORMANCE MATERIALS OPERATIONS, Houston TX
PERFORMANCE MATERIALS OPERATIONS, Houston TX
ObligorASCEND
PERFORMANCE MATERIALS SPRL, Belgium RU
PERFORMANCE MATERIALS SPRL, Belgium RU
GuarantorAPM
(CANADA) LLC, Houston TX
(CANADA) LLC, Houston TX
GuarantorAPM
(PR) LLC, Houston TX
(PR) LLC, Houston TX
GuarantorAPM
FOREIGN HOLDINGS LLC, Houston TX
FOREIGN HOLDINGS LLC, Houston TX
GuarantorASCEND
PERFORMANCE MATERIALS OPERATIONS, Houston TX
PERFORMANCE MATERIALS OPERATIONS, Houston TX
GuarantorAPM
DISC HOLDINGS LLC, Houston TX
DISC HOLDINGS LLC, Houston TX
ProductNYLON
RESINS AND CHEMICALS
RESINS AND CHEMICALS
Ex-Im
Bank Liability (Millions) $20+
Bank Liability (Millions) $20+
Board Decision:TRANSCTION
REFERED TO CONGRESS.
REFERED TO CONGRESS.
Chairman Hochberg, Director Mulvaney and Director Loui all
voted in favor of the referral.
voted in favor of the referral.