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 […]

KhanLex advises KT on divestment in Mongolia

KhanLex advised Republic of Korea’s KT Corp, a telecom company, on divestment of its stake in Mongolia Telecom Company. The shares of KT, which KT had first acquired in 1995 and constituted 40 percent in Mongolia Telecom Company, have been successfully sold to the Government of Mongolia. Mongolia Telecom Company is Mongolia’s incumbent fixed line […]

KhanLex advises European Bank for Reconstruction and Development on a US$ 4 million loan facility to the largest financial leasing company of Mongolia

KhanLex advised European Bank for Reconstruction and Development on its MNT-denominated loan tugrik – equivalent to US$ 3 million – to XacLeasing LLC. The loan will allow XacLeasing to on-lend these funds to SMEs for investments in machinery, commercial vehicles and medical appliances. The financing which is denominated in MNT will also help reduce foreign […]

KhanLex Advises on an award-winning wind deal

A deal advised by KhanLex has been awarded “Asia Pacific Wind Deal of 2016” at the IJ Global Awards ceremony held in Singapore on 9 March 2017. KhanLex advised Clean Energy Asia and its two sponsors – Newcom and Softbank Group – on the development and financing for the construction of the 50MW Tsetsii Wind […]

KhanLex advises Incofin on Master Loan Agreement with Mongolia’s Khan Bank

KhanLex advised Commerzbank (Commerzbank Aktiengesellschaf) on a Master Loan Agreement with Khan Bank. The Agreement’s objective is to support trade financing needs of Mongolian borrowers. The KhanLex team who advised on this deal was led by Enkhbat Batsukh, Partner. Enkhbat was assisted by senior associate Uchralbayar Iderkhangai on this transaction. N.B.: Enkhbat Batsukh led the […]

KhanLex advises Clean Energy Asia LLC on financing of Tsetsii Wind Farm

Clean Energy Asia LLC together with its shareholders, Newcom LLC and SB Energy Corp., signed with the Japan International Cooperation Agency (hereafter “JICA”) and the European Bank for Reconstruction and Development (hereafter “EBRD”) financing agreements to construct a 50MW wind farm in southern Mongolia.This wind farm project is the first dollar-denominated project finance debt transaction […]