Summary of the Meeting of the Board of Directors
Completed
I. OPEN: NONE
II. CLOSED:
TRADE FINANCE DIVISION
1. COUNTRY: ZAMBIA AP088268XX
FOREIGN BUYER: Ministry of Transport, Works, Supply and Telecommunications
END USER: Road Development Agency
PRODUCTS: Fabricated Structural Metal Manufacturing
TOTAL FINANCED AMOUNT: $72,632,138
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 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, May 28, 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
Country ZAMBIA AP088268XX
Request for FINAL COMMITMENT
Applicant CITIBANK, N.A., New York NY
Borrower MINISTRY OF FINANCE OF THE REPUBLIC OF ZAMBIA, Lusaka
Guarantor NONE
Buyer MINISTRY OF TRANSPORT, WORKS, SUPPLY AND TELECOM, Lusaka
End-user ROAD DEVELOPMENT AGENCY, Lusaka
Exporter CITIBANK, N.A., New York NY
Exporter ACROW CORPORATION OF AMERICA, Parsippany NJ
Supplier CITIBANK, N.A., New York NY
Supplier ACROW CORPORATION OF AMERICA, Parsippany NJ
Gtd Lndr CITIBANK, N.A., New York NY
Project Name NONE
Project Description MODULAR STEEL BRIDGE CONSTRUCTION
Product Description Fabricated Structural metal Manufacturing
Financed Amount $ 72,632,138
Repayment Term 8 YEARS
Board Decision: TRANSACTION APPROVED. Chairman Hochberg, Vice Chair Felton, Director Mulvaney and Director Loui voted in favor of the transaction