Ann: Share Purchase Plan - Offer Booklet, page-72

Letter of Interest (LI):

If the contract has not been awarded, then a U.S. company (the seller), an international borrower, or a lender may request a nonbinding letter of interest (LI) containing EXIM terms for the specific transaction. The LI is processed within seven working days, is valid for six months, and can be renewed.

Preliminary Commitment (PC):

In exceptional cases, EXIM will accept an application for a preliminary commitment (PC). A PC is a nonbinding expression of interest from EXIM that the borrower's needs, as outlined in the application, generally meet EXIM's financing requirement

https://www.exim.gov/solutions/direct-loan


i dont need to convince you for my benefit really but you just disregarding the significance of ASN announcing this offer is somewhat naive.

regards

Tab