Request To Renew Partnership With Private Export Funding Corporation (PEFCO), 45213 [2020-16096]
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Federal Register / Vol. 85, No. 144 / Monday, July 27, 2020 / Notices
would jeopardize jobs in the United
States by supplying information that
competitors could use to compete with
companies in the United States.
Joyce B. Stone,
Assistant Corporate Secretary.
[FR Doc. 2020–16097 Filed 7–24–20; 8:45 am]
BILLING CODE 6690–01–P
EXPORT-IMPORT BANK
[Public Notice: EIB–2020–003]
Request To Renew Partnership With
Private Export Funding Corporation
(PEFCO)
Export-Import Bank of the
United States.
ACTION: Notice.
AGENCY:
This Notice is to inform the
public that the Export-Import Bank of
the United States (EXIM) has received a
request to renew its partnership with
Private Export Funding Corporation
(PEFCO) that is scheduled to expire on
December 31, 2020. EXIM is seeking
public comment regarding possible
benefits or costs of continuing such a
relationship. Comments received within
the comment period specified below
will be presented to the EXIM Board of
Directors prior to final action on this
Action.
SUMMARY:
Comments must be received on
or before August 21, 2020 to be assured
of consideration before final
consideration on renewal of the
agreement by the Board of Directors of
EXIM.
ADDRESSES: Comments may be
submitted through Regulations.gov at
WWW.REGULATIONS.GOV. To submit
a comment, enter EIB–2020–003 under
the heading ‘‘Enter Keyword or ID’’ and
select Search. Follow the instructions
provided at the Submit a Comment
screen. Please include your name,
company name (if any) and EIB–2020–
003 on any attached document.
SUPPLEMENTARY INFORMATION:
Party’s Relationship with Exim: The
Private Export Funding Corporation
(PEFCO) was created in 1970 as a
public-private partnership between the
U.S. Federal Government and private
companies involved in financing or
producing U.S. exports. PEFCO entered
into an official partnership with EXIM
in 1971, which was renewed in 1994
through December 31, 2020. PEFCO is a
funding source for EXIM guarantees or
insurance provided to commercial
financing entities that originate and
structure export financing transactions.
It was created to ensure there was
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DATES:
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19:31 Jul 24, 2020
Jkt 250001
always a private-based alternative to
EXIM direct loans and to facilitate the
liquidity of EXIM-guaranteed and
-insured transactions. PEFCO
accomplishes these purposes by
intermediating between the efficiency
and immense scale of the U.S. capital
markets and the day-to-day funding
needs of export financing for cases
ranging from several hundred thousand
dollars to several hundred million
dollars. Over the course of its 50-year
existence, PEFCO has funded more than
$38 billion in EXIM-guaranteed and
-insured export transactions brought to
it by commercial entities. Since the
Global Financial Crisis and the
emergence of the Basel III regulatory
environment, PEFCO’s primary role has
been to act as a source of liquidity for
the commercial market. This crowds the
private sector into official export
finance and maximizes the
competitiveness of EXIM-guaranteed/
insured transactions. The Export-Import
Bank is authorized to issue this notice
pursuant to the Export-Import Bank Act
of 1945, as amended, 12 U.S.C. 635 et
seq.
Information on Decision: Information
on the final decision for this matter will
be available in the ‘‘Summary Minutes
of Meetings of Board of Directors’’ on
https://exim.gov/newsandevents/
boardmeetings/board/.
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.
Joyce B. Stone,
Assistant Corporate Secretary.
[FR Doc. 2020–16096 Filed 7–24–20; 8:45 am]
BILLING CODE 6690–01–P
FEDERAL COMMUNICATIONS
COMMISSION
[OMB 3060–0798; FRS 16943]
Information Collection Being Reviewed
by the Federal Communications
Commission
Federal Communications
Commission.
ACTION: Notice and request for
comments.
AGENCY:
As part of its continuing effort
to reduce paperwork burdens, and as
required by the Paperwork Reduction
Act (PRA), the Federal Communications
SUMMARY:
PO 00000
Frm 00055
Fmt 4703
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45213
Commission (FCC or Commission)
invites the general public and other
Federal agencies to take this
opportunity to comment on the
following information collections.
Comments are requested concerning:
Whether the proposed collection of
information is necessary for the proper
performance of the functions of the
Commission, including whether the
information shall have practical utility;
the accuracy of the Commission’s
burden estimate; ways to enhance the
quality, utility, and clarity of the
information collected; ways to minimize
the burden of the collection of
information on the respondents,
including the use of automated
collection techniques or other forms of
information technology; and ways to
further reduce the information
collection burden on small business
concerns with fewer than 25 employees.
DATES: Written comments should be
submitted on or before September 25,
2020. If you anticipate that you will be
submitting comments, but find it
difficult to do so within the period of
time allowed by this notice, you should
advise the contacts below as soon as
possible.
ADDRESSES: Direct all PRA comments to
Cathy Williams, FCC, via email PRA@
fcc.gov and to Cathy.Williams@fcc.gov.
FOR FURTHER INFORMATION CONTACT: For
additional information about the
information collection, contact Cathy
Williams at (202) 418–2918.
SUPPLEMENTARY INFORMATION: The FCC
may not conduct or sponsor a collection
of information unless it displays a
currently valid Office of Management
and Budget (OMB) control number. No
person shall be subject to any penalty
for failing to comply with a collection
of information subject to the PRA that
does not display a valid OMB control
number.
As part of its continuing effort to
reduce paperwork burdens, and as
required by the PRA of 1995 (44 U.S.C.
3501–3520), the FCC invites the general
public and other Federal agencies to
take this opportunity to comment on the
following information collections.
Comments are requested concerning:
Whether the proposed collection of
information is necessary for the proper
performance of the functions of the
Commission, including whether the
information shall have practical utility;
the accuracy of the Commission’s
burden estimate; ways to enhance the
quality, utility, and clarity of the
information collected; ways to minimize
the burden of the collection of
information on the respondents,
including the use of automated
E:\FR\FM\27JYN1.SGM
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]]>Agencies
[Federal Register Volume 85, Number 144 (Monday, July 27, 2020)]
[Notices]
[Page 45213]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-16096]
-----------------------------------------------------------------------
EXPORT-IMPORT BANK
[Public Notice: EIB-2020-003]
Request To Renew Partnership With Private Export Funding
Corporation (PEFCO)
AGENCY: Export-Import Bank of the United States.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: This Notice is to inform the public that the Export-Import
Bank of the United States (EXIM) has received a request to renew its
partnership with Private Export Funding Corporation (PEFCO) that is
scheduled to expire on December 31, 2020. EXIM is seeking public
comment regarding possible benefits or costs of continuing such a
relationship. Comments received within the comment period specified
below will be presented to the EXIM Board of Directors prior to final
action on this Action.
DATES: Comments must be received on or before August 21, 2020 to be
assured of consideration before final consideration on renewal of the
agreement by the Board of Directors of EXIM.
ADDRESSES: Comments may be submitted through Regulations.gov at
WWW.REGULATIONS.GOV. To submit a comment, enter EIB-2020-003 under the
heading ``Enter Keyword or ID'' and select Search. Follow the
instructions provided at the Submit a Comment screen. Please include
your name, company name (if any) and EIB-2020-003 on any attached
document.
SUPPLEMENTARY INFORMATION:
Party's Relationship with Exim: The Private Export Funding
Corporation (PEFCO) was created in 1970 as a public-private partnership
between the U.S. Federal Government and private companies involved in
financing or producing U.S. exports. PEFCO entered into an official
partnership with EXIM in 1971, which was renewed in 1994 through
December 31, 2020. PEFCO is a funding source for EXIM guarantees or
insurance provided to commercial financing entities that originate and
structure export financing transactions. It was created to ensure there
was always a private-based alternative to EXIM direct loans and to
facilitate the liquidity of EXIM-guaranteed and -insured transactions.
PEFCO accomplishes these purposes by intermediating between the
efficiency and immense scale of the U.S. capital markets and the day-
to-day funding needs of export financing for cases ranging from several
hundred thousand dollars to several hundred million dollars. Over the
course of its 50-year existence, PEFCO has funded more than $38 billion
in EXIM-guaranteed and -insured export transactions brought to it by
commercial entities. Since the Global Financial Crisis and the
emergence of the Basel III regulatory environment, PEFCO's primary role
has been to act as a source of liquidity for the commercial market.
This crowds the private sector into official export finance and
maximizes the competitiveness of EXIM-guaranteed/insured transactions.
The Export-Import Bank is authorized to issue this notice pursuant to
the Export-Import Bank Act of 1945, as amended, 12 U.S.C. 635 et seq.
Information on Decision: Information on the final decision for this
matter will be available in the ``Summary Minutes of Meetings of Board
of Directors'' on https://exim.gov/newsandevents/boardmeetings/board/.
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.
Joyce B. Stone,
Assistant Corporate Secretary.
[FR Doc. 2020-16096 Filed 7-24-20; 8:45 am]
BILLING CODE 6690-01-P
