Summary of the Meeting of the Board of Directors
Completed
I. OPEN: NONE
II. CLOSED:
1. Minutes of January 15, 2015 Board Meeting to be approved
WORKING CAPITAL DIVISION
2. Working Capital Guarantee No. AP087642XA (Renewal)
OBLIGOR: Gaffney-Kroese Electrical Supply Corp
OBLIGOR: CJ Kroese Corp
OBLIGOR: Specialty Electric Supply
OBLIGOR: Rostek Supply Corp
OBLIGOR: RJJR Oil Field LLC
PRODUCTS: Electrical Wholesale Supplies
EX-IM BANK LIABILITY: $ 11,250,000
3. Working Capital Guarantee No. AP088953XX
OBLIGOR: Accelerant Technologies, LLC
PRODUCTS: Consult Services for Nuclear Power Station
EXIMBANK LIABILITY: $1,152,000.00
TRANSPORTATION DIVISION
4. COUNTRY: NORWAY - AP088925XX
FOREIGN BUYER: SPV/Norwegian Air Shuttle ASA
END USER: Norwegian Air Shuttle ASA
PRODUCTS: Aircraft
I, Andrea Q. Bernardo, Assistant General Counsel for Administration, hereby certify that in my opinion the Meeting of the Board of Directors will disclose information of the kind set forth in Subsection (4) of Section 552b(c), Title 5 of the United States Code. This meeting will be held at 9:30 AM on Thursday, February 5, 2015, at The Export-Import Bank of the United States, 811 Vermont Avenue, NW, Washington, DC.
Accordingly, such meeting may be closed to the public.
Andrea Q. Bernardo
Assistant General Counsel
ITEM NO. 1 Minutes of January 15, 2015 Board Meeting for consideration and approval.
Board Decision: MINUTES APPROVED. Chairman Hochberg, Vice Chair Felton, Director Mulvaney and Director Loui all voted in favor of the minutes.
ITEM NO 2
Working Capital Guarantee No. AP087642XA (Renewal)
Request for FINAL COMMITMENT
Applicant CITIBANK, N.A., Short Hills NJ
Gtd Lndr CITIBANK, N.A., Short Hills NJ
Obligor GAFFNEY-KROESE ELECTRICAL SUPPLY CORP., Somerset NJ
Obligor CJ KROESE CORP, Somerset NJ
Obligor SPECIALTY ELECTRIC SUPPLY, LLC, Somerset NJ
Obligor ROSTEK SUPPLY CORP, Somerset NJ
Obligor RJJR OIL FIELD LLC, Succasunna NJ
Guarantor JOHN KROESE III, III, Somerset NJ
Guarantor KROESE C. CHRISTOPHER UNKNOWN, Somerset NJ
Guarantor JK & JK IRRV TRUST FBO JSK III, Tenafly NJ
Guarantor JOHN S. KROESE III 2006 CHILDRENS TRUST, Old Tappan NJ
Guarantor JK & JK IRRV TRUST FBO CCK, Tenafly NJ
Guarantor CHRISTOPHER KROESE 2006 CHILDRENS TRUST, Pittstown NJ
Guarantor 2008 CHRISTOPHER C. KROESE FAMILY TRUST, Ho Ho Kus NJ
Guarantor 2008 JOHN S. KROESE III FAMILY TRUST, Ho Ho Kus NJ
Guarantor TOP NOTCH SOLUTIONS, LLC, Houston TX
Product Description ELECTRICAL WHOLESALE SUPPLIES
Ex-Im Bank Liability (Millions) $5 - $20
Board Decision: TRANSACTION APPROVED. Chairman Hochberg, Vice Chair Felton, Director Mulvaney and Director Loui all voted in favor of the transaction.
ITEM NO 3
Working Capital Guarantee No. AP088953XX
Request for FINAL COMMITMENT
Applicant KEY BANK NATIONAL ASSOCIATION, Cleveland OH
Gtd Lndr KEY BANK NATIONAL ASSOCIATION, Cleveland OH
Obligor ACCELERANT TECHNOLOGIES, LLC, Genoa OH
Guarantor LARRY D. SANDERS, Genoa OH
Guarantor GARY L. WYLIE, Bellevue OH
Guarantor MICHAEL J. DOUCET, Temperance MI
Guarantor SANDERS TECHNICAL SERVICES LLC, Genoa OH
Guarantor WYLIE TECHNICAL SERVICES LLC, Bellevue OH
Guarantor CROWN TECHNICAL SERVICES LLC, Temperance MI
Product Description CONSULT SERVICES FOR NUCLEAR POWER STATION
Ex-Im Bank Liability (Millions) $1 - $5
Board Decision: TRANSACTION REFERRED TO CONGRESS. Chairman Hochberg, Vice Chair Felton, Director Mulvaney and Director Loui all voted in favor of the referral.
ITEM NO 4
Country NORWAY AP088925XX
Request for FINAL COMMITMENT
Applicant NORWEGIAN AIR SHUTTLE ASA, Fornebu 02
Obligor SPV/NORWEGIAN AIR SHUTTLE ASA, 1330 Fornebu
Buyer SPV/NORWEGIAN AIR SHUTTLE ASA, 1330 Fornebu
End-user NORWEGIAN AIR SHUTTLE ASA, Fornebu 02
Exporter BOEING COMPANY, THE, Everett WA
Exporter BOEING COMPANY, THE, Renton WA
Supplier BOEING COMPANY, THE, Everett WA
Supplier CFM INTERNATIONAL INC, Cincinnati OH
Supplier BOEING COMPANY, THE, Renton WA
Supplier VARIOUS US SMALL BUSINESSES, Washington DC
Supplier ROLLS ROYCE PLC, UNITED KINGDOM
Gtd Lndr SAS RUE LA BOETIE /DBA/ CREDIT AGRICOLE, FRANCE
Gtd Lndr GOLDMAN SACHS GROUP INC., New York NY
Lessor SPV/NORWEGIAN AIR SHUTTLE ASA, 1330 Fornebu
Lessee DY9 AVIATION IRELAND LIMTED, Quay -D
Cofin ECA NIPPON EXPORT AND INVESTMENT INSURANCE (NEXI),CHIYODA-KU JAPAN
Project Name NONE
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
Board Decision: TRANSACTION REFERRED TO CONGRESS. Chairman Hochberg, Vice Chair Felton, Director Mulvaney and Director Loui all voted in favor of the referral.