pefco.com
Pefco || Chairman’s Letter
http://pefco.com/chairmans-letter
PEFCO & Ex-Im Bank. Business Year in Review. Directors & Officers. Throughout, we maintained our role as a reliable financing platform for U.S. exports, working with our partnersto close transactions under the loan programs of the Ex-Im Bank. New loan transactions totaled almost $2.0 billion (net of cancellations) and funded loan transactions totaled $1.7 billion.". The mix of lending opportunities presented by our deal arrangers and borrowers to finance long-term guaranteed loans exhibited a bias for ma...
pefco.com
Pefco || Overview
http://pefco.com/programs-overview
PEFCO & Ex-Im Bank. Business Year in Review. Directors & Officers. PEFCO offers the following standard Facilities. Short-Term Working Capital Facility. Ex-Im Working Capital Guarantee). Medium-Term Guaranteed Note Facility. Ex-Im Bank ECP Master Guarantee Agreement). Medium-Term Guaranteed Lease Facility. Ex-Im Bank ECP Master Guaranteed Agreement). Floating and fixed interest rates).
pefco.com
Pefco || PEFCO Primer
http://pefco.com/pefco-primer
PEFCO & Ex-Im Bank. Business Year in Review. Directors & Officers. The following is an introduction to PEFCO and its programs. For details on specific PEFCO facilities, please see Programs. PEFCO will commit to finance U.S. exports under long-term Ex-Im Bank guarantees, by either making loans directly to borrowers (Primary Loan Activity) or by buying loans made by other lenders (Secondary Loan Activity). Typically, PEFCO Loans may be prepaid, but only upon paying PEFCO a fee equal to the present value of...
pefco.com
Pefco || PEFCO’s Funding Activities
http://pefco.com/pefcos-funding-activities
PEFCO & Ex-Im Bank. Business Year in Review. Directors & Officers. PEFCO’s Funding Activities. PEFCO manages the liquidity and interest rate exposures arising from loan assets and unfunded loan commitments through the combination of short term funding, secured note issuances and interest rate derivatives. This approach allows for targeting the proper liquidity profile, while controlling exposure to market fluctuations.
pefco.com
Pefco || Corporate Governance
http://pefco.com/corporate-governance
PEFCO & Ex-Im Bank. Business Year in Review. Directors & Officers. The Board, as a whole, is responsible for the oversight of management on behalf of the Corporations shareholders. Members of the Board. Compensation and Management Development Committee. Nominating and Governance Committee. The Committee will report its activities to the Board on a regular basis and make such recommendations, as the Committee deems necessary or appropriate. Membership, Qualifications and Terms of Office. Each member of th...
pefco.com
Pefco || Long-Term Facilities
http://pefco.com/long-term-facilities
PEFCO & Ex-Im Bank. Business Year in Review. Directors & Officers. PEFCO offers two facilities for export loans guaranteed under an Ex-Im Bank long-term, comprehensive guarantee. To be eligible for these facilities, the minimum amount of the Ex-Im Bank guaranteed loan normally must be greater than $10,000,000 (excluding exposure fee and with exceptions such as for Environmental Protection loans) and/or the repayment term must be no less than ten semiannual installments. Direct Long-Term Loan Program.
pefco.com
Pefco || PEFCO & Ex-Im Bank
http://pefco.com/pefco-ex-im-bank
PEFCO & Ex-Im Bank. Business Year in Review. Directors & Officers. PEFCO & Ex-Im Bank. Private Export Funding Corporation (PEFCO) was established in 1970 with the assistance of the Export-Import Bank of the United States (Ex-Im Bank) to supplement the export financing then available through Ex-Im Bank and from commercial banks and other lending institutions. PEFCO offers a broad range of financing programs as a direct lender and as a secondary market buyer of export loans originated by lenders (PEFCO doe...
pefco.com
Pefco || Business Year in Review
http://pefco.com/business-year-in-review
PEFCO & Ex-Im Bank. Business Year in Review. Directors & Officers. Business Year in Review. The average balance of financing assets decreased in 2015 by 3 million and the average balance of financing liabilities increased by 5 million in 2015. During 2015, PEFCO issued a total of $575 million of Secured Notes under a $2.0 billion issuance limit as approved by Ex-Im Bank and the Board of Directors. Issuances included two original issue series as detailed in the table below. BAML / HSBC / US Bancorp.
pefco.com
Pefco || Small Business Initiative
http://pefco.com/small-business-initiative
PEFCO & Ex-Im Bank. Business Year in Review. Directors & Officers. Examples of Small Business Initiatives. A referral service for exporters. PEFCO will introduce the exporter to a reliable lender willing to provide export financing on a transactional basis. The exporter must have current business that requires financing. Emerging Markets Lender Program:. For small foreign lenders with their own MGA that finance importers in their own and other countries but which lack access to low-cost US dollars. For s...
