AGENCY:
Export-Import Bank of the United States.
ACTION:
Notice of 25 day comment period regarding an application for final commitment for a long-term loan or financial guarantee in excess of $100 million.
Reason for Notice: This Notice is to inform the public, in accordance with Section 3(c)(10) of the Charter of the Export-Import Bank of the United States (“Ex-Im Bank”), that Ex-Im Bank has received an application for final commitment for a long-term loan or financial guarantee in excess of $100 million (as calculated in accordance with Section 3(c)(10) of the Charter). Comments received within the comment period specified below will be presented to the Ex-Im Bank Board of Directors prior to final action on this Transaction.
Reference: AP086754XX, AP087318XX, and AP087407XX.
Purpose and Use:
Brief description of the purpose of the transaction:
To support the export of mining trucks and bulldozers to Ukraine.
Brief non-proprietary description of the anticipated use of the items being exported:
To mine iron ore in Ukraine
To the extent that Ex-Im Bank is reasonably aware, the item(s) being exported are not expected to produce exports or provide services in competition with the exportation of goods or provision of services by a United States industry.
Parties:
Principal Supplier: Caterpillar Inc.
Obligors: OJSC Ferrexpo Poltava Mining, Ukraine; OJSC Ferrexpo Yeristovo Mining, Ukraine; OJSC Ferrexpo Belanovo Mining, Ukraine.
Guarantor(s): Ferrexpo AG, Switzerland.
Description of Items Being Exported:
Caterpillar mining trucks and bulldozers.
Information on Decision: Information on the final decision for this transaction will be available in the “Summary Minutes of Meetings of Board of Directors” on http://www.exim.gov/articles.cfm/board%20minute.
Confidential Information: Please note that this notice does not include confidential or proprietary business information; information which, if disclosed, would violate the Trade Secrets Act; or information which would jeopardize jobs in the United States by supplying information that competitors could use to compete with companies in the United States.
DATES:
Comments must be received on or before December 4, 2012 to be assured of consideration before final consideration of the transaction by the Board of Directors of Ex-Im Bank.
ADDRESSES:
Comments may be submitted through WWW.REGULATIONS.GOV.
Sharon A. Whitt,
Agency Clearance Officer.
[FR Doc. 2012-27380 Filed 11-8-12; 8:45 am]
BILLING CODE 6690-01-P