Latest Ex-Im Bank Stories

WASHINGTON, Aug. 15, 2012 /PRNewswire/ -- The delivery of the first Export-Import Bank of the United States-supported Boeing 787 Dreamliner to Ethiopian Airlines was celebrated at a ribbon-cutting ceremony in the main terminal of Washington Dulles International Airport here today. (Logo: http://photos.prnewswire.com/prnh/20110414/MM83673LOGO) Earlier in May, the Bank approved a loan guarantee of more than $1 billion to Ethiopian Airlines for the export of a new fleet of Boeing 787...

WASHINGTON, Aug. 9, 2012 /PRNewswire/ -- The United States exported $185 billion in goods and services in June 2012, according to data released today by the U.S. Commerce Department. This is an all-time high overtaking the previous record of $184.4 billion in March 2012. (Logo: http://photos.prnewswire.com/prnh/20110414/MM83673LOGO) "This is the highest value ever recorded for the export of U.S. goods and services," said Fred P. Hochberg, chairman and president of Ex-Im Bank....

JOHANNESBURG, Aug. 7, 2012 /PRNewswire/ -- The Export-Import Bank of the United States (Ex-Im Bank) and the Industrial Development Corp. of South Africa Ltd. (IDC) today signed a Declaration of Intent (DoI) to help advance the South African government's Integrated Resource Plan (IRP) and the South African Renewable Initiative (SARi). Under the agreement, Ex-Im Bank will assist in financing up to $2 billion worth of U.S. technologies, products and services to South Africa's energy...

WASHINGTON, Aug. 3, 2012 /PRNewswire-USNewswire/ -- In line with its congressional mandate to increase support for renewable-energy exports, the Export-Import Bank of the United States (Ex-Im Bank) has authorized a $32.1 million loan guarantee to Wind Power Energia S.A. of Sao Paulo, Brazil, for the purchase of wind turbine blades manufactured by LM Wind Power Blades Inc. of Little Rock, Ark. (Logo: http://photos.prnewswire.com/prnh/20110414/MM83673LOGO) Ex-Im Bank's financing,...

WASHINGTON, July 18, 2012 /PRNewswire/ -- The Export-Import Bank of the United States (Ex-Im Bank) has authorized a pair of loans totaling $57.3 million to Solar Field Energy Two Private Ltd. and Mahindra Surya Prakash Private Ltd., respectively, to finance the export of American solar panels and ancillary services to India. (Logo: http://photos.prnewswire.com/prnh/20110414/MM83673LOGO) The solar panels, which are manufactured by First Solar Inc. of Tempe, Ariz., will be used in...

WASHINGTON, June 26, 2012 /PRNewswire-USNewswire/ -- The White House on Monday issued a Presidential Determination on Vietnam by President Barack Obama. The president's action clears the way for the Export-Import Bank of the United States (Ex-Im Bank) board of directors to move forward with a $125.8 million direct loan to Vietnam to support their purchase of a U.S.-manufactured telecommunications and television satellite. (Logo:...

Releases 2012 Competitiveness Report, unveils study showing unregulated government financing exceeds all official export financing of the G-7 ECAs combined WASHINGTON, June 25, 2012 /PRNewswire-USNewswire/ -- The chairman of the Export-Import Bank of the United States (Ex-Im Bank), Fred P. Hochberg, said today that American companies' ability to win foreign sales is being challenged by a dramatic rise in official export credit financing. He made the remarks at the Center for...

WASHINGTON, June 25, 2012 /PRNewswire/ -- The Export-Import Bank of the United States (Ex-Im Bank) has authorized $1.2 billion in export financing in four separate transactions to support the export of U.S. goods and services to Petroleos Mexicanos (Pemex), Mexico's national oil and gas company. The amount includes a $200 million small-business facility, which will support exports from U.S. small businesses. (Logo: http://photos.prnewswire.com/prnh/20110414/MM83673LOGO) For the...

Deal Benefits Boeing, Delta, Honeywell and Others WASHINGTON, June 22, 2012 /PRNewswire-USNewswire/ -- The board of directors of the Export-Import Bank of the United States (Ex-Im Bank) yesterday approved two final commitments aggregating $171 million in export financing for Aerovias de Mexico S.A. de C.V. (Aeromexico). Aeromexico is Mexico's largest airline and a founding member of the SkyTeam Alliance. This transaction effectively triples Ex-Im support for Mexican aviation...

WASHINGTON, May 30, 2012 /PRNewswire/ -- FirmGreen Inc., a small renewable-energy company based in Newport Beach, Calif., and other U.S. green-technology suppliers are benefiting from a $48.6 million loan from the Export-Import Bank of the United States (Ex-Im Bank) supporting exports of equipment and services for the development of the Novo Gramacho biogas project in Brazil. (Logo: http://photos.prnewswire.com/prnh/20110414/MM83673LOGO ) FirmGreen estimated that the Novo...