OMB No. 3048-0013Expires 4-30-2010LONG-TERM LOAN OR GUARANTEE APPLICATIONATTACHMENT F: Project and Structured Financec. Technical. (3 Copies)P Project technology must be proven andreliable, and licensing arrangements mustbe contractually secured <strong>f<strong>or</strong></strong> a periodextending beyond the <strong>term</strong> <strong>of</strong> the Ex-Im<strong>Bank</strong> financing.P A technical feasibility study <strong>or</strong> sufficientlydetailed engineering in<strong>f<strong>or</strong></strong>mation needs to beprovided to demonstrate technical feasibility<strong>of</strong> the project.In<strong>f<strong>or</strong></strong>mation Required1. Technical description and a process flowdiagram <strong>f<strong>or</strong></strong> each project facility.2. Detailed estimate <strong>of</strong> operating costs.3. Arrangement <strong>f<strong>or</strong></strong> supply <strong>of</strong> raw materialsand utilities.4. Draft turnkey construction contract anddescription <strong>of</strong> sources <strong>of</strong> possible costincreases and delays during construction,including detailed description <strong>of</strong> liquidateddamage provisions and per<strong>f<strong>or</strong></strong>mance bondrequirements.5. Project implementation schedule, showingtarget dates <strong>f<strong>or</strong></strong> achieving essential projectmilestones.6. A site-specific environmental assessment,highlighting concerns, requirements andsolutions. The in<strong>f<strong>or</strong></strong>mation to be providedshould demonstrate compliance with Ex-Im<strong>Bank</strong>’s environmental guidelines.d. Host Country Legal/Regulat<strong>or</strong>y Framew<strong>or</strong>k and Government Role. ( 5 Copies)DefinitionP Host government commitment toproceeding with the project needs tobe demonstrated. 1.P Legal and regulat<strong>or</strong>y analysis needs todemonstrate that the country conditionsand the project structure are sufficient tosupp<strong>or</strong>t <strong>long</strong>-<strong>term</strong> debt exposure <strong>f<strong>or</strong></strong> theproject through en<strong>f<strong>or</strong></strong>ceable contractual 2.relationships.P Ex-Im <strong>Bank</strong>’s relationship with the hostgovernment will be addressed on a caseby-casebasis.In<strong>f<strong>or</strong></strong>mation RequiredA description <strong>of</strong> the host government’s role inthe project, and progress made toward obtainingessential government commitments, includingauth<strong>or</strong>izations from appropriate governmententities to proceed with the project.A definition <strong>of</strong> the control, if any, that thegovernment will have in the management andoperation <strong>of</strong> the project, and status <strong>of</strong> anyassurances that the government will notinterfere in the project’s operation. If thegovernment is also a project spons<strong>or</strong>, theseissues will be <strong>of</strong> particular imp<strong>or</strong>tance.3. Evidence <strong>of</strong> the government’s current andhist<strong>or</strong>ical commitment and policies <strong>f<strong>or</strong></strong>availability and convertibility <strong>of</strong> <strong>f<strong>or</strong></strong>eigncurrency.4. Status and strategy <strong>f<strong>or</strong></strong> obtaininggovernment undertakings to supp<strong>or</strong>t anygovernment parties involved in the project,to the extent that such undertakings areneeded to provide adequate credit supp<strong>or</strong>t<strong>f<strong>or</strong></strong> such entities.II. Structured Finance.“Structured” transactions will have an established c<strong>or</strong>p<strong>or</strong>ation as a b<strong>or</strong>rower but may rely upon sources <strong>of</strong> collateral <strong>or</strong> security inaddition to the c<strong>or</strong>p<strong>or</strong>ation’s balance sheet. The in<strong>f<strong>or</strong></strong>mation required <strong>f<strong>or</strong></strong> structured finance <strong>application</strong>s is the same as that requested in“Attachment G” plus any additional data describing the proposed structure and security package.If you have questions about this attachment, please contact the Structured Finance Division(Telephone: 202-565-3690 <strong>or</strong> Fax: 202-565-3695).EIB F<strong>or</strong>m 95-10 (attachment F)Revised 1/07
OMB No. 3048 0013Expires 4-30-2010LONG-TERM LOAN OR GUARANTEE APPLICATION ATTACHMENT G: Credit In<strong>f<strong>or</strong></strong>mation This attachment applies to all Long-Term Loan <strong>or</strong> Guarantee Applications, except <strong>f<strong>or</strong></strong> Large Aircraft and ProjectFinance Transactions. Provide the General In<strong>f<strong>or</strong></strong>mation and Supplemental Financial In<strong>f<strong>or</strong></strong>mation requested below(as applicable) on the b<strong>or</strong>rower and, if any, guarant<strong>or</strong>. If any items are not available, provide an explanation.Following Ex-Im <strong>Bank</strong>’s initial review <strong>of</strong> the <strong>application</strong>, an Ex-Im <strong>Bank</strong> Credit Officer may request additionalcredit in<strong>f<strong>or</strong></strong>mation.In the event that the b<strong>or</strong>rower lacks sufficient credit strength in <strong>term</strong>s <strong>of</strong> asset size, operating hist<strong>or</strong>y <strong>or</strong> cash flows toprovide a reasonable assurance <strong>of</strong> repayment, an Ex-Im <strong>Bank</strong> Credit Officer will contact you to discuss whether“Structured Finance” credit enhancements are appropriate. Such enhancements may include one <strong>or</strong> m<strong>or</strong>e <strong>of</strong> thefollowing:- Special purpose accounts, including <strong>of</strong>fsh<strong>or</strong>e payment accounts, escrow <strong>or</strong> reserve accounts, <strong>or</strong>other accounts that would be subject to Ex-Im <strong>Bank</strong>’s control.- Covenants and default provisions such as financial ratio <strong>or</strong> debt service coverage requirements thatwould, if violated, prevent payment <strong>of</strong> dividends to the company owners.- Insurance requirements that might be m<strong>or</strong>e strict than those typically applicable under c<strong>or</strong>p<strong>or</strong>ateinsurance policies.- Letters <strong>of</strong> credit <strong>or</strong> other sources <strong>of</strong> funds that would be pledged by the spons<strong>or</strong> to Ex-Im <strong>Bank</strong>through a bank <strong>or</strong> other third party.GENERAL INFORMATION1. Company description and ownership. Provide a concise description <strong>of</strong> company <strong>or</strong>igin, legal status,facilities, business activities (and any maj<strong>or</strong> changes during the last three years), and primary market(s). Describethe principal customer base (e.g., manufacturers, wholesalers) and provide the percentage <strong>of</strong> domestic versus exp<strong>or</strong>tsales and the amount <strong>of</strong> sales to each maj<strong>or</strong> exp<strong>or</strong>t market. Provide the name and address <strong>of</strong> each owner <strong>of</strong> at least10% <strong>of</strong> company shares and his/her ownership percent.2. Related party in<strong>f<strong>or</strong></strong>mation. Provide the names and description <strong>of</strong> subsidiaries, affiliates and commonlyowned companies. Indicate which, if any, <strong>of</strong> these related parties account <strong>f<strong>or</strong></strong> m<strong>or</strong>e than 25% <strong>of</strong> the b<strong>or</strong>rower’s sales<strong>or</strong> purchases during the last fiscal year.3. References.a. <strong>Bank</strong> references. Provide a credit<strong>or</strong> bank reference prepared within six months <strong>of</strong> the <strong>application</strong> date. Abank reference is not required <strong>f<strong>or</strong></strong> sovereign <strong>or</strong> political risk transactions. Rep<strong>or</strong>t should include bankname, address, length <strong>of</strong> relationship, amount, currency, <strong>term</strong>s <strong>of</strong> secured and unsecured credit andrepayment experience.b. Credit Rep<strong>or</strong>t: Provide a credit rep<strong>or</strong>t (such as D and B) prepared within six months <strong>of</strong> the <strong>application</strong>date. Not required <strong>f<strong>or</strong></strong> sovereign <strong>or</strong> financial institution transactions.4. Financial Statements. Provide independently audited balance sheets, income statements and cash flowstatements, in English, <strong>f<strong>or</strong></strong> the last three fiscal years. Include the audit<strong>or</strong>’s notes to the financial statements. If themost recent fiscal year ended m<strong>or</strong>e than nine months pri<strong>or</strong> to the <strong>application</strong> date, provide interim statements. Wheninterim statements are provided, also provide interim statements <strong>f<strong>or</strong></strong> the same period <strong>of</strong> the previous year (<strong>f<strong>or</strong></strong>comparative purposes). If there are substantial related party transactions as described in #2, the financial statementsmust adequately disclose the consolidated financial condition <strong>of</strong> the b<strong>or</strong>rower/guarant<strong>or</strong> and the named relatedparties. Financial statements are not required <strong>f<strong>or</strong></strong> sovereign <strong>or</strong> political risk transactions.5. Financial projections. Provide projected annual income statement, balance sheet and cash flow <strong>f<strong>or</strong></strong>ecasts<strong>f<strong>or</strong></strong> the period <strong>of</strong> the Ex-Im <strong>Bank</strong> financing, accompanied by supp<strong>or</strong>ting assumptions. Projections are not required ifthe b<strong>or</strong>rower <strong>or</strong> guarant<strong>or</strong> is a financial institution, <strong>or</strong> <strong>f<strong>or</strong></strong> sovereign <strong>or</strong> political risk transactions.1