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Application for Final Commitment for a Long-term Loan or Financial Guarantee in Excess of $100 million; 25 Day Comment Period

---
identifier: "/us/fr/2012-26728"
source: "fr"
legal_status: "authoritative_unofficial"
title: "Application for Final Commitment for a Long-term Loan or Financial Guarantee in Excess of $100 million; 25 Day Comment Period"
title_number: 0
title_name: "Federal Register"
section_number: "2012-26728"
section_name: "Application for Final Commitment for a Long-term Loan or Financial Guarantee in Excess of $100 million; 25 Day Comment Period"
positive_law: false
currency: "2012-10-31"
last_updated: "2012-10-31"
format_version: "1.1.0"
generator: "[email protected]"
agency: "Export-Import Bank"
document_number: "2012-26728"
document_type: "notice"
publication_date: "2012-10-31"
agencies:
  - "Export-Import Bank"
fr_citation: "77 FR 65878"
fr_volume: 77
docket_ids:
  - "Public Notice 2012-0535"
comments_close_date: "2012-11-26"
fr_action: "Notice of 25 day comment period regarding an application for final commitment for a long-term loan or financial guarantee in excess of $100 million."
---

#  Application for Final Commitment for a Long-term Loan or Financial Guarantee in Excess of $100 million; 25 Day Comment Period

**AGENCY:**

Export-Import Bank of the United States.

**ACTION:**

Notice of 25 day comment period regarding an application for final commitment for a long-term loan or financial guarantee in excess of $100 million.

*Reason For Notice:* This Notice is to inform the public, in accordance with Section 3(c)(10) of the Charter of the Export-Import Bank of the United States (“Ex-Im Bank”), that Ex-Im Bank has received an application for final commitment for a long-term loan or financial guarantee in excess of $100 million (as calculated in accordance with Section 3(c)(10) of the Charter). Comments received within the comment period specified below will be presented to the Ex-Im Bank Board of Directors prior to final action on this Transaction.

*Reference:* AP086105XX.

*Purpose and Use:* Brief description of the purpose of the transaction:

To support the export of semiconductor manufacturing equipment to Germany.

Brief non-proprietary description of the anticipated use of the items being exported:

Equipment supports the manufacture of logic semiconductors.

To the extent that Ex-Im Bank is reasonably aware, the item(s) being exported may be used to produce exports or provide services in competition with the exportation of goods or provision of services by a United States industry.

*Parties:* Principal Suppliers: Applied Materials, Inc., KLA-Tencor Corporation, LAM Research International Sarl.

Obligor: GLOBALFOUNDRIES Inc.

Guarantor(s): GLOBALFOUNDRIES Singapore Pte. Ltd.; GLOBALFOUNDRIES Netherlands Holding B.V.; GLOBALFOUNDRIES U.S. Inc.; GLOBALFOUNDRIES Singapore (Tampines) Pte. Ltd.; GLOBALFOUNDRIES Management Services LLC & Co. KG; GLOBALFOUNDRIES Dresden Module One LLC; GLOBALFOUNDRIES Dresden Module One Holding GmbH; GLOBALFOUNDRIES Dresden Module One LLC & Co. KG; GLOBALFOUNDRIES Dresden Module  Two LLC; GLOBALFOUNDRIES Dresden Module Two Holding GmbH; GLOBALFOUNDRIES Dresden Module Two LLC & Co. KG and any other relevant subsidiaries.

*Description of Items Being Exported:* Various semiconductor manufacturing equipment manufactured by Applied Materials, Inc., Axcelis Technologies, Inc., FEI Co., KLA-Tencor Corporation, Lam Research International Sarl, Novellus Systems, and Varian.

*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://www.exim.gov/articles.cfm/board%20minute.*

*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.

**DATES:**

Comments must be received on or before *November 26, 2012* to be assured of consideration before final consideration of the transaction by the Board of Directors of Ex-Im Bank.

**ADDRESSES:**

Comments may be submitted through *WWW.REGULATIONS.GOV.*

Sharon A. Whitt,

Agency Clearance Officer.