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Subject: =?US-ASCII?Q?Country_Limitation_Schedule_Update?=
Date: Thu, 22 Mar 2018 12:13:01 -0500
To: louk@transocean.com
From: "=?US-ASCII?Q?Export-Import_Bank_of_the_U.S._(EXIM)?=" <eximnewsdesk@subscriptions.exim.gov>
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    You are subscribed to the Country Limitation Schedule (CLS) for the Export-Import
    Bank of the United States (EXIM). This information has recently been updated
    and is now available. The new CLS is effective March 27, 2018. [...] 
 
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Having trouble viewing this email? View it as a Web page [ https://conten=
t.govdelivery.com/accounts/USEXIM/bulletins/1e2581a ].

header

You are subscribed to the Country Limitation Schedule (CLS) for the Expor=
t-Import Bank of the United States (EXIM). This information has recently =
been updated and is now available. The new CLS is effective March 27, 201=
8.

green spacer

The new CLS may be accessed on-line on March 27, 2018 at: http://www.exim=
.gov/tools-for-exporters/country-limitation-schedule. The CLS and Cover L=
etter are also attached as PDF files below.

The CLS indicates where EXIM is "open for cover" and where EXIM is "off-c=
over." The "open for cover" designation refers to the possibility, rather=
 than the certainty of EXIM support in particular cases. Where the CLS pr=
esents an X mark, EXIM is "off-cover," and is therefore not willing to co=
nsider approval of routine transactions. These "off-cover" determinations=
 are due to economic and/or political risks associated with the country.

Where the CLS indicates support is not available, EXIM can still consider=
 financing arrangements that eliminate or externalize country risk. Poten=
tially acceptable transactions include structured transactions that earn =
revenues offshore in a country with no CLS restrictions and are held in a=
 bank or trust account acceptable to EXIM; third-party support from credi=
tworthy entities in countries with no CLS restriction; and asset-backed l=
ease and financing structures involving equipment such as aircraft.

It should be noted that these exceptions do not apply in countries where =
EXIM is legally prohibited from operating.

For more information on the EXIM, please visit our website at http://www.=
exim.gov.


  * CLS+March+2018.pdf [ https://content.govdelivery.com/attachments/USEX=
IM/2018/03/20/file_attachments/977158/CLS%2BMarch%2B2018.pdf ]=20
  * CLS+Memo+March+2018.pdf [ https://content.govdelivery.com/attachments=
/USEXIM/2018/03/21/file_attachments/977397/CLS%2BMemo%2BMarch%2B2018.pdf =
]=20

________________________________________________________________________

EXIM Logo [ http://www.exim.gov ]=20

    " Reducing Risk. Unleashing Opportunity." =20

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<head>
<title>    Country Limitation Schedule Update
</title>


</head>
<body style=3D"">

      <table width=3D"700" border=3D"0" cellspacing=3D"0" cellpadding=3D"=
0" align=3D"center">
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 =20



  <p class=3D"gd_p" style=3D"text-align: left; margin: 13px 12px; font: 1=
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<p><img src=3D"https://content.govdelivery.com/attachments/fancy_images/U=
SEXIM/2017/10/1615944/country-limitation-schedule-header_original.png" al=
t=3D"header" title=3D"header" width=3D"770" height=3D"144"></p>
<p class=3D"gd_p" style=3D"text-align: left; margin: 13px 12px; font: 13p=
x/1.5 verdana, geneva; color: #114878;" align=3D"left">You are subscribed=
 to the Country Limitation Schedule (CLS) for the Export-Import Bank of t=
he United States (EXIM). This information has recently been updated and i=
s now available. The new CLS is effective March 27, 2018.</p>
<center><img src=3D"https://content.govdelivery.com/attachments/fancy_ima=
ges/USEXIM/2017/09/1529361/spacer-green_original.png" alt=3D"green spacer=
" title=3D"green spacer" width=3D"300" height=3D"2" align=3D"middle"></ce=
nter>
<p class=3D"gd_p" style=3D"text-align: left; margin: 13px 12px; font: 13p=
x/1.5 verdana, geneva; color: #114878;" align=3D"left">The new CLS may be=
 accessed on-line on March 27, 2018 at: <a href=3D"http://links.govdelive=
ry.com:80/track?type=3Dclick&enid=3DZWFzPTEmbWFpbGluZ2lkPTIwMTgwMzIyLjg3M=
zkxNTMxJm1lc3NhZ2VpZD1NREItUFJELUJVTC0yMDE4MDMyMi44NzM5MTUzMSZkYXRhYmFzZW=
lkPTEwMDEmc2VyaWFsPTE3MTc4Mzk2JmVtYWlsaWQ9bG91a0B0cmFuc29jZWFuLmNvbSZ1c2V=
yaWQ9bG91a0B0cmFuc29jZWFuLmNvbSZmbD0mZXh0cmE9TXVsdGl2YXJpYXRlSWQ9JiYm&&&1=
01&&&http://www.exim.gov/tools-for-exporters/country-limitation-schedule"=
>http://www.exim.gov/tools-for-exporters/country-limitation-schedule</a>.=
 The CLS and Cover Letter are also attached as PDF files below.</p>
<p class=3D"gd_p" style=3D"text-align: left; margin: 13px 12px; font: 13p=
x/1.5 verdana, geneva; color: #585857;" align=3D"left">The CLS indicates =
where EXIM is "open for cover" and where EXIM is "off-cover." The "open f=
or cover" designation refers to the possibility, rather than the certaint=
y of EXIM support in particular cases. Where the CLS presents an X mark, =
EXIM is "off-cover," and is therefore not willing to consider approval of=
 routine transactions. These "off-cover" determinations are due to econom=
ic and/or political risks associated with the country.</p>
<p class=3D"gd_p" style=3D"text-align: left; margin: 13px 12px; font: 13p=
x/1.5 verdana, geneva; color: #585857;" align=3D"left">Where the CLS indi=
cates support is not available, EXIM can still consider financing arrange=
ments that eliminate or externalize country risk. Potentially acceptable =
transactions include structured transactions that earn revenues offshore =
in a country with no CLS restrictions and are held in a bank or trust acc=
ount acceptable to EXIM; third-party support from creditworthy entities i=
n countries with no CLS restriction; and asset-backed lease and financing=
 structures involving equipment such as aircraft.</p>
<p class=3D"gd_p" style=3D"text-align: left; margin: 13px 12px; font: 13p=
x/1.5 verdana, geneva; color: #585857;" align=3D"left">It should be noted=
 that these exceptions do not apply in countries where EXIM is legally pr=
ohibited from operating.</p>
<p class=3D"gd_p" style=3D"text-align: left; margin: 13px 12px; font: 13p=
x/1.5 verdana, geneva; color: #585857;" align=3D"left">For more informati=
on on the EXIM, please visit our website at <a href=3D"http://links.govde=
livery.com:80/track?type=3Dclick&enid=3DZWFzPTEmbWFpbGluZ2lkPTIwMTgwMzIyL=
jg3MzkxNTMxJm1lc3NhZ2VpZD1NREItUFJELUJVTC0yMDE4MDMyMi44NzM5MTUzMSZkYXRhYm=
FzZWlkPTEwMDEmc2VyaWFsPTE3MTc4Mzk2JmVtYWlsaWQ9bG91a0B0cmFuc29jZWFuLmNvbSZ=
1c2VyaWQ9bG91a0B0cmFuc29jZWFuLmNvbSZmbD0mZXh0cmE9TXVsdGl2YXJpYXRlSWQ9JiYm=
&&&102&&&http://www.exim.gov">http://www.exim.gov</a>.</p>
<p><span class=3D"gd_p" align=3D"left" style=3D"text-align: left; margin:=
 13px 12px; font-family: verdana, geneva; font-size: 13px; color: #585857=
;"><ul>
<li><a target=3D"_blank" href=3D"http://links.govdelivery.com:80/track?ty=
pe=3Dclick&enid=3DZWFzPTEmbWFpbGluZ2lkPTIwMTgwMzIyLjg3MzkxNTMxJm1lc3NhZ2V=
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PTE3MTc4Mzk2JmVtYWlsaWQ9bG91a0B0cmFuc29jZWFuLmNvbSZ1c2VyaWQ9bG91a0B0cmFuc=
29jZWFuLmNvbSZmbD0mZXh0cmE9TXVsdGl2YXJpYXRlSWQ9JiYm&&&103&&&https://conte=
nt.govdelivery.com/attachments/USEXIM/2018/03/20/file_attachments/977158/=
CLS%2BMarch%2B2018.pdf">CLS+March+2018.pdf</a></li>
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nt.govdelivery.com/attachments/USEXIM/2018/03/21/file_attachments/977397/=
CLS%2BMemo%2BMarch%2B2018.pdf">CLS+Memo+March+2018.pdf</a></li>
</ul></span></p>
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