KhanLex advises European Bank for Reconstruction and Development on a EUR 10 million senior loan facility to Mongolian car dealer
KhanLex advised European Bank for Reconstruction and Development on its EUR 10 million senior loan facility to Tavan Bogd LLC. The EBRD loan of 23.4 billion tugrik (equivalent of €10 million) will help Tavan Bogd to finance the construction of a state-of-the-art Toyota repair and maintenance center and expand its new car distribution and sales […]
KhanLex advises European Bank for Reconstruction and Development on a USD 12 million senior loan facility to Mongolian retailer
KhanLex advised European Bank for Reconstruction and Development on its USD 12 million senior loan facility to Nomintav Trade LLC. Nomintav Trade is one of Mongolia’s leading retailers for fast-moving consumer goods, apparel and consumer electronics. It is also a subsidiary of Nomin Group, one of the largest and successful Mongolian conglomerates with diversified businesses […]
KhanLex advises Asian Development Bank on a USD 40 million credit line to Mongolian Khan Bank
KhanLex advised Asian Development Bank on its USD 40 million credit line to Khan Bank LLC to fund loans to micro, small and medium enterprises in Mongolia. Khan Bank is Mongolia’s largest bank in terms of total assets, loans and deposits. This is the second loan facility by ADB to a Mongolian commercial bank. “We’re […]
KhanLex advises Mega-Logistic Zrt. on investment in Mongolia
KhanLex assisted Mega-Logistic Zrt to establish permanent presence in Mongolia in the form of a venture. KhanLex also provided Mongolian law advice to Mega-Logistic Zrt ranging from corporate to employment to immigration. Mega-Logistic Zrt is Hungary’s one of the largest privately-owned facility management and operational maintenance companies. The company will work on a number of […]
KhanLex advises on a BOT concession agreement for CHP No.5
On 20 June 2014, the Government of Mongolia and a consortium led by GDF Suez have signed Concession Agreement for the combined heat and power CHP No.5 Power Plant in Ulaanbaatar. The CHP No.5 would be built and operated under a Build-Own-Operate-Transfer scheme. As part of the ADB Advisory Team, KhanLex advised the Government of […]
KhanLex advises on the GMP-compliant pharmaceutical plant in Mongolia
KhanLex advises “Mongol Em Impex Concern” (MEIC) and its parent, Bishrelt Group, on construction and operation of a pharmaceutical plant in Mongolia in the form of a joint venture with South Korea’s Dong-A ST Co. The plant would be the first ever GMP-compliant pharmaceutical manufacturing factory in Mongolia. MEIC is a leading pharmaceutical distributor in […]
KhanLex advises Accor on Ibis Styles hotel in Mongolia
KhanLex advised Accor on establishment and management of Ibis Styles hotel in Ulaanbaatar, Mongolia. The international-standard hotel will be built by MMC Polaris LLC and financed by IFC, a member of the World Bank Group. Accor Hotel will operate the hotel which will become the first Accor-managed hotel in Mongolia. Accor is a France-based company […]
KhanLex advises EBRD on a USD 65 million senior loan facility to Mongolian cement producer
KhanLex advised European Bank for Reconstruction and Development on its USD 65 million loan facility to Senj Sant LLC (presently, Moncement Building Materials LLC). The loan will enable Senj Sant, owned by Monpolymet Group, to continue financing the construction and commissioning of a technologically advanced and environmentally friendly dry process cement plant in Mongolia. This […]
KhanLex advises on Mongolia’s key capital markets regulation
KhanLex advised “Financial Sector Capacity Building and Training Project of Mongolia” on development of a key capital markets regulation of Mongolia. Enkhbat Batsukh, a KhanLex partner, worked, in his role of local advisor, on new the Regulation on Securities Custodial Licensing and Operations. The Regulation on Securities Custodial Licensing and Operations introduces for the first […]
KhanLex advises Overseas Private Investment Corporation on a USD 10 million loan facility to Mongolia-focused private equity firm
KhanLex advised Overseas Private Investment Corporation on its USD 10 million senior loan facility to Schulze Global Mongolia Debt Facility. The loan will enable Schulze Global, owned and managed by Schulze Global Investments Limited BVI, to on-lend to Mongolian small and medium enterprises. “We’re happy to have assisted OPIC, the U.S. Government’s development finance institution, […]