The eRulemaking Program
08/23/2024 | Press release | Distributed by Public on 08/23/2024 06:46
Application for Final Commitment for a Long-Term Loan or Financial Guarantee in Excess of $100 million
EXPORT-IMPORT BANK
Application for Final Commitment for a Long-Term Transaction in Excess of $100 Million: AP089519XX
Agency
Export-Import Bank of the United States.
Action
Notice.
Summary
This Notice is to inform the public the Export-Import Bank of the United States ("EXIM") has received an application for final commitment for a long-term loan or financial guarantee in excess of $100 million. Comments received within the comment period specified below will be presented to the EXIM Board of Directors prior to final action on this Transaction.
Dates
Comments must be received on or before September 17, 2024 to be assured of consideration before final consideration of the transaction by the Board of Directors of EXIM.
Addresses
Comments may be submitted through Regulations.gov at WWW.REGULATIONS.GOV. To submit a comment, enter AP089519XX under the heading "Enter Keyword or ID" and select Search. Follow the instructions provided at the Submit a Comment screen. Please include your name, company name (if any) and AP089519XX on any attached document.
Supplementary Information
Reference: AP089519XX.
Purpose and Use:
Brief description of the purpose of the transaction: The financing request is in support of the Obligor's acquisition of goods and services, to be utilized in the deployment of a nationwide 5G telecommunications network in India. EXIM's support is to be made pursuant to the EXIM co-financing agreement with Finnvera PLC, the Finnish export credit agency.
Brief non-proprietary description of the anticipated use of the items being exported: The 5G equipment and services will be used for deployment of the nation-wide 5G network in India.
Parties:
Principal Supplier: Nokia Oyj-Finland Obligor:
Reliance Jio Infocomm Ltd.-India Guarantor(s): N/A.
Description of Items Being Exported: 5G equipment and services.
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://exim.gov/newsandevents/boardmeetings/board/.
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.
Authority: Section 3(c)(10) of the Export-Import Bank Act of 1945, as amended (12 U.S.C. 635a(c)(10)).
Deirdre Hodge,
Assistant Corporate Secretary.
[FR Doc. 2024-18546 Filed 8-22-24; 8:45 am]
BILLING CODE 6690-01-P