KhanLex advises European Bank for Reconstruction and Development on a MNT 3,0 billion senior loan facility to the largest microfinance institution of Mongolia

KhanLex advised European Bank for Reconstruction and Development on its MNT 3,0 billion senior loan facility to the largest microfinance institution in Mongolia – Transcapital NBFI LLC. Transcapital, one of the first and most reputable microfinance institutions in the country, has been an EBRD client since 2013. The loan is the fourth loan by EBRD […]

KhanLex advises European Bank for Reconstruction and Development on a USD 5.0 million convertible loan to the dual-listed Erdene Resource Development Corporation

KhanLex advised European Bank for Reconstruction and Development on its USD 5.0 million convertible loan to Erdene Resource Development Corporation (Erdene).The loan will help complete a pre-feasibility study, carry out an environmental and social impact assessment and obtain the licenses and permits necessary to advance the Khundii Gold project, the flagship asset of Erdene in […]

KhanLex issues recommendations to improve Mongolia’s legislation for NPL resolution

KhanLex has published a report – “Mongolia: Strengthening the Legal Framework for Non-Performing Loans Resolution and Debt Restructuring – Gaps in Mongolian laws”. The report was commissioned by EBRD’s Legal Transition team and contains in-depth review of key existing laws governing resolution of non-performing loans in Mongolia. The report identifies gaps and recommendations for necessary […]

Prominent Business Lawyers Announce Re-Launch of Their Original Firm

Nationally and internationally known business lawyers Enkhbat Batsukh and Batjargal Gombosuren today announced the formation of their new law firm, KhanLex Partners LLP, focusing on high-stakes transactions. Batsukh and Gombosuren leave their former law firm MDS KhanLex LLP, where they were partners and chairs of Finance/Infrastructure, Corporate/Natural Resource practices, respectively, and have established KhanLex Partners. […]

KhanLex advises Accor on Novotel hotel in Mongolia

KhanLex advised Accor on establishment and management of Novotel hotel in Ulaanbaatar, Mongolia. The international-standard hotel was built by Khurd International LLC. Accor Hotel will operate the hotel based on a hotel management agreement and a hotel consultancy agreement. Accor is a France-based company which is one of the largest hotel operators in the world. […]

KhanLex advises European Bank for Reconstruction and Development on a USD 31.6 million syndicated loan facility to the largest solar plant in Mongolia

KhanLex advised European Bank for Reconstruction and Development, on a USD 31.6 million syndicated loan facility to the largest solar plant in Mongolia operated by Desert Solar Panel LLC. Triodos Investment Management and FMO participated in the facility. The syndicated loan of USD 31.6 million will support the construction and operation of 30 MW solar […]