KhanLex advises European Bank for Reconstruction and Development on a USD 800,000 senior loan facility to Mongolian waste management company
KhanLex advised European Bank for Reconstruction and Development on its USD 800,000 senior loan facility to Eco Orchin LLC. This loan of USD 800,000 and denominated and disbursed in MNT will help Eco Orchin to finance expansion of its fleet and increase its working capital. EBRD provides this loan under its Direct Financing Framework SME […]
KhanLex advises European Bank for Reconstruction and Development on a USD 6 million senior loan facility to Mongolian retailer
KhanLex advised European Bank for Reconstruction and Development on its senior debt facility to Khanburgedei LLC. The facility will consist of (i) a USD 6 million loan to refinance Khanburgedei’s existing debt from a local commercial bank in Mongolia and (ii) a local currency-denominated loan equivalent of USD 1.5 million for working capital needs of […]
KhanLex advises Overseas Private Investment Corporation on financing of KFC and Pizza Hut franchise in Mongolia
KhanLex advised Overseas Private Investment Corporation on its USD $7.25 million loan facility to Tavan Bogd Foods LLC and its subsidiary Tavan Bogd Foods Pizza LLC. The loan will finance the borrowers’ establishment, construction, and start-up operation of KFC and Pizza Hut restaurants in Ulaanbaatar, Mongolia under franchise agreements. The US sponsor is significant U.S. […]
KhanLex advises European Bank for Reconstruction and Development on a risk participation framework facility with Mongolia’s Khan Bank
KhanLex advised European Bank for Reconstruction and Development on a Full Recourse Direct Risk Sharing Facility with Khan Bank of Mongolia. The Facility’s primary objective is the provision of long-term financing to Mongolian MSMEs. The Facility is expected to further enhance the competition in the Mongolian banking sector by enabling Khan Bank to service the […]
KhanLex advises Exim Bank of Turkey on USD 20 million trade facility agreement with Mongolia’s Khan Bank
KhanLex advised Türk Eximbank (Türkiye İhracat Kredi Bankası A.Ş.) on a Trade Facility Agreement of USD 20 million with Khan Bank. The Facility’s objective is to support financing needs of Mongolian borrowers’ cross-border trade with Turkish companies. “Türk Eximbank is the Turkish Government’s major export incentive instrument. We are glad to have been able to […]
KhanLex speaks at the Microsoft Innovation Day 2015
Enkhbat Batsukh was a featured speaker at the Microsoft Innovation Day 2015 held at Shangri-La Hotel, Ulaanbaatar, Mongolia. In his presentation attended by Microsoft’s Mongolian clients and partners, Enkhbat covered Mongolian IP law, common issues and pitfalls for both rights-holders and users (such as licensees). The presentation also discussed some practical issues related to software […]
KhanLex advises on power purchase agreement for CHP No.5
On 29 July 2015, two Mongolian offtakers – the National Dispatching Center State-Owned company and the National Power Transmission Grid State-Owned company – have signed “Power Purchase Agreement” for CHP No.5. The PPA was signed with a consortium led by Engie (formerly known as GDF Suez SA) of France, also including Posco Energy of South […]
KhanLex advises Commerzbank 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 appointed by Microsoft Corporation as outside counsel to advise on enforcement of IPRs in Mongolia
KhanLex has been instructed by Microsoft to provide legal services related to IPR protection, as well as to represent Microsoft’s interests in possible legal actions in the field of cybersecurity and cybercrime. “We are excited to assist Microsoft to work with the fast-growing Mongolian market for Microsoft products. Our Microsoft work will build on our […]
KhanLex advises on a concession agreement
KhanLex advised a Chinese highway construction firm – “Longjian Road & Bridge Co Ltd” – on its concession agreement with the Government of Mongolia to build a new road in the western Mongolia. According to the agreement signed in Ulaanbaatar, Mongolia, on 13 March 2015, “Longjian Road and Bridge Co Ltd”, as a concessionaire, will […]
