Ex-Im has stated they are still processing loans in anticipation of the quorom issue being resolved. It appears we're just waiting for the EIA deal(s) to be inked in order to meet the requirements of the of the second program and then they can process the application (sound like a "trigger" anyone?).
EIA deal triggers qualification for China Sovereign Loan Program and revenue.
It looks like the first program doesn't have the same requirement, my new question is why not process the first program's loan application now? While $55M isn't $85M it is still a lot...
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