Receipt of Request To Increase the Amount of Long-Term General Guarantee on Interest of Secured Notes Issued by the Private Export Funding Corporation (PEFCO), 45212-45213 [2020-16097]

Download as PDF jbell on DSKJLSW7X2PROD with NOTICES 45212 Federal Register / Vol. 85, No. 144 / Monday, July 27, 2020 / Notices universities, and a small sampling of the general public. Form Numbers: None. Respondents/affected entities: Entities potentially affected by this action include private and public organizations that join the SmartWay Transport Partnership; freight industry representatives who engage in activities related to the SmartWay Partnership; and representative samplings of consumers in the general public. These entities may be affected by EPA efforts to assess the effectiveness and value of the SmartWay program, awareness of the SmartWay brand, and ideas for developing and improving SmartWay. Respondent’s obligation to respond: Voluntary. Estimated number of respondents: 4,770. Frequency of response: The information collections described in the ICR must be completed in order for an organization to register as or continue its status as a SmartWay partner, to become a SmartWay affiliate, to use the SmartWay logo on an EPA-designated tractor or trailer, or to be considered for a SmartWay Excellence Award. Total estimated burden: The annual burden for this collection of information that all respondent partners and affiliates incur is estimated to average 12,557 hours with a projected annual aggregate cost of $860,339. The annual burden for this collection of information that federal agency respondents incur is estimated to average 4,688 hours with a projected annual aggregate cost of $170,831. This ICR estimates that approximately 3,800 respondent partners will incur burden associated with SmartWay in the first year, with a growth of 320 partners per year projected into the future. The estimated average burden time per respondent is 2.65 hours annually. This is an average across all Smart Way partners, regardless of whether they are affiliates, shippers, carriers or logistics companies. The average also includes 150 consumer and industry respondents who spend far less time, providing the SmartWay program with basic information on their awareness of the program. Among respondent partners the burden hours are typically higher for larger companies with complex fleets, than for smaller companies. Burden means the total time, effort, or financial resources expended by persons to generate, maintain, retain, disclose or provide information to or for a federal agency. This includes the time needed to review instructions; develop, acquire, install, and utilize technology and systems for the purposes of collecting, validating, and verifying information, VerDate Sep<11>2014 19:31 Jul 24, 2020 Jkt 250001 processing and maintaining information, and disclosing and providing information; adjust the existing ways to comply with any previously applicable instructions and requirements; train personnel to be able to respond to a collection of information; search data sources; complete and review the collection of information; and transmit or otherwise disclose the information. Total estimated cost: The total annual cost to all respondent partners is $860339. The total annual cost to federal agency respondents is $170,831. Changes in estimates: There is a decrease of 667 hours and $49,489 in the total estimated respondent partner burden compared with the ICR currently approved by OMB. This decrease reflects the following adjustments and program changes: (1) Implementation of a new On-Line Truck Tool for carrier partners with small fleets; (2) Elimination of the Affiliate Challenge and its associated response burden. There is also a decrease of 222 hours and $24,090 in the total estimated agency burden currently approved by OMB. This decrease is due to the following: (1) Implementation of the On-line Truck Tool for small fleets reduces review time for EPA. (2) Elimination of the Affiliate Challenge and its associated burden. Dated: July 21, 2020. Karl Simon, Director, Transportation and Climate Division, Office of Transportation and Air Quality. [FR Doc. 2020–16239 Filed 7–24–20; 8:45 am] BILLING CODE 6560–50–P EXPORT-IMPORT BANK [Public Notice: EIB–2020–0004] Receipt of Request To Increase the Amount of Long-Term General Guarantee on Interest of Secured Notes Issued by the Private Export Funding Corporation (PEFCO) Export-Import Bank of the United States. ACTION: Notice. AGENCY: This Notice is to inform the public that Export-Import Bank of the United States (‘‘EXIM’’) has received a request to increase the amount of the long-term general guarantee on the interest of Secured Notes issued by the Private Export Funding Corporation (PEFCO). Comments received within the SUMMARY: PO 00000 Frm 00054 Fmt 4703 Sfmt 4703 comment period specified below will be presented to the EXIM Board of Directors prior to final action on this Transaction. DATES: Comments must be received on or before August 21, 2020 to be assured of consideration before final decision on the additional guarantee amount. ADDRESSES: Comments may be submitted through Regulations.gov at WWW.REGULATIONS.GOV. To submit a comment, enter EIB–2020–004 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– 004 on any attached document. SUPPLEMENTARY INFORMATION: Reference: AP003048AA Brief Description of Nature and Purpose of the Facility: This is a general guarantee on the interest of Secured Notes issued by the Private Export Funding Corporation (PEFCO), in accordance with both the Guarantee and Credit Agreement, as Amended, and the Guarantee Agreement between EXIM and PEFCO. The purpose of the guarantee of interest on the Secured Notes is to facilitate private funding from the U.S. capital markets for EXIMguaranteed export finance transactions. Total Amount of Guarantees: The exact number is not determinable due to market-determined pricing and uncertainty as to the amount and timing of Secured Notes to be issued; however, it could potentially be in excess of $100 million. Reasons for the Facility and Methods of Operation: The general guarantee is set up to guarantee interest on PEFCO’s issuance of Secured Notes. The principal amount of the Secured Notes is secured by a collateral pool of U.S. government-risk debt and securities, including EXIM-guaranteed loans. The proceeds from the Secured Notes are used to fund additional EXIMguaranteed loans and provide a liquid secondary market for EXIM-guaranteed loans. Party Requesting Guarantee: Private Export Funding Corporation (PEFCO) 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 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 E:\FR\FM\27JYN1.SGM 27JYN1 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 jbell on DSKJLSW7X2PROD with NOTICES DATES: VerDate Sep<11>2014 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 Sfmt 4703 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 27JYN1

Agencies

[Federal Register Volume 85, Number 144 (Monday, July 27, 2020)]
[Notices]
[Pages 45212-45213]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-16097]


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EXPORT-IMPORT BANK

[Public Notice: EIB-2020-0004]


Receipt of Request To Increase the Amount of Long-Term General 
Guarantee on Interest of Secured Notes Issued by the Private Export 
Funding Corporation (PEFCO)

AGENCY: Export-Import Bank of the United States.

ACTION: Notice.

-----------------------------------------------------------------------

SUMMARY: This Notice is to inform the public that Export-Import Bank of 
the United States (``EXIM'') has received a request to increase the 
amount of the long-term general guarantee on the interest of Secured 
Notes issued by the Private Export Funding Corporation (PEFCO). 
Comments received within the comment period specified below will be 
presented to the EXIM Board of Directors prior to final action on this 
Transaction.

DATES: Comments must be received on or before August 21, 2020 to be 
assured of consideration before final decision on the additional 
guarantee amount.

ADDRESSES: Comments may be submitted through Regulations.gov at 
WWW.REGULATIONS.GOV. To submit a comment, enter EIB-2020-004 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-2020-004 on any attached 
document.

SUPPLEMENTARY INFORMATION:

Reference: AP003048AA

    Brief Description of Nature and Purpose of the Facility: This is a 
general guarantee on the interest of Secured Notes issued by the 
Private Export Funding Corporation (PEFCO), in accordance with both the 
Guarantee and Credit Agreement, as Amended, and the Guarantee Agreement 
between EXIM and PEFCO. The purpose of the guarantee of interest on the 
Secured Notes is to facilitate private funding from the U.S. capital 
markets for EXIM-guaranteed export finance transactions.
    Total Amount of Guarantees: The exact number is not determinable 
due to market-determined pricing and uncertainty as to the amount and 
timing of Secured Notes to be issued; however, it could potentially be 
in excess of $100 million.
    Reasons for the Facility and Methods of Operation: The general 
guarantee is set up to guarantee interest on PEFCO's issuance of 
Secured Notes. The principal amount of the Secured Notes is secured by 
a collateral pool of U.S. government-risk debt and securities, 
including EXIM-guaranteed loans. The proceeds from the Secured Notes 
are used to fund additional EXIM-guaranteed loans and provide a liquid 
secondary market for EXIM-guaranteed loans.
    Party Requesting Guarantee: Private Export Funding Corporation 
(PEFCO)
    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 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

[[Page 45213]]

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
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