Khulan Bayarsaikhan

Associate

Contact

Cell: (976) 80227704
Tel: (976) 7747 1122
E-mail: khulan@khanlex.mn

Practice areas

Banking and Finance
General Commercial and Contracts
Real Estate
Energy / Infrastructure

Admissions

Mongolian Lawyers (Bar) Association (admission in February 2021)

Education

LL.B, Law School, State University of Mongolia, 2018
LL.M candidate, State University of Mongolia, since 2019

Languages

Mongolian (Native)
English

Background

Khulan Bayarsaikhan has joined KhanLex in 2018.
Khulan focuses on drafting legal documents, assisting with legal opinions, conducting due diligence and “corporate checks”, setting up foreign-invested companies, advising on corporate actions and transactions, and conducting legal research. Since joining KhanLex, she has clocked up several notable cross-border transactions acting for multilateral development banks.

Representative legal matters

Advised a multilateral development bank and the Central Bank of Mongolia in respect of legislative reform for effective resolution of non-performing loans of Mongolian commercial banks (report submitted in 2019)
Advised a leading multilateral development bank in respect of financing a large milk producer in Mongolia (2018-2019)
Advised a leading multilateral development bank on a framework loan agreement to be entered into with the Government of Mongolia (financial close 2019)
Advised an international green fund (via its accredited entity in Mongolia) on the proposed financing and establishing of a green financing vehicle in Mongolia (2019-present)
Advised a leading multilateral development bank on Mongolian legal framework for implementing its proposed supply chain finance program in Mongolia (report submitted in October 2019)

Advised a development finance institution of the US government on debt financing of one of the largest non-banking financial institutions of Mongolia (financial close in August 2019)
Advised a leading multilateral development bank on debt financing of a foreign-invested non-banking financial institution of Mongolia (financial close in March 2020)
Advised a development finance institution of the US government on debt financing of a fast-growing cashmere producer of Mongolia (financial close in June 2020)
Advised a multilateral development bank on debt financing of the largest financial leasing company of Mongolia (financial close in September 2020).

KhanLex assists WorldBusiness Capital with its USD 15.0 million loan to Golomt Bank

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Firm news

KhanLex assisted US-based WorldBusiness Capital, Inc. (WBC) with the final disbursement of its USD15.0 million loan to Golomt Bank, one of Mongolia’s largest commercial banks. …

KhanLex pick up mandate on Khan Bank IPO

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Firm news

KhanLex Partners have picked up a mandate to advise Khan Bank of Mongolia on IPO. Appointment of KhanLex as IPO counsel has followed enactment by …

Proposed Amendments to the Banking Law of Mongolia May Kick-start Landmark Reforms

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Firm news

In August 2020 a bill proposing amendments to the 2010 Banking Act of Mongolia has been presented to the Parliament of Mongolia. If adopted, the …

KhanLex advises U.S. International Development Finance Corporation on a USD 5.0 million senior loan facility to a Mongolian cashmere producer

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Firm news

KhanLex advised the U.S. International Development Finance Corporation (DFC) on its 5.0 million senior loan facility to Goyol Cashmere LLC, a fast-growing cashmere producer of …

KhanLex advises European Bank for Reconstruction and Development on a loan facility to VisionFund Mongolian NBFI

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Firm news

KhanLex advised European Bank for Reconstruction and Development on its loan to VisionFund Mongolia NBFI LLC. The loan will support VisionFund Mongolia to offer financing …

KhanLex advises U.S. International Development Finance Corporation on a senior loan facility to a Mongolian financial institution

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Firm news

KhanLex advised the U.S. International Development Finance Corporation (DFC) on its senior loan facility to Gobi Finance NBFI LLC (Gobi Finance), one of the largest …

Amendments to Renewable Energy Act of Mongolia introduce caps on feed-in tariffs as and competitive procurement of renewable energy

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Firm news

On 6 June 2019 the Mongolian Parliament has passed amendments to the Renewable Energy Act of Mongolia. These amendments have come into force immediately – …

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

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Firm news

KhanLex has published a report – “Mongolia: Strengthening the Legal Framework for Non-Performing Loans Resolution and Debt Restructuring – Gaps in Mongolian laws”. The report …

KhanLex advises on a USD 10,0 million credit to a Canadian-listed Prophecy Coal

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Firm news

KhanLex advised Waterton Global Value on its USD 10 million loan facility to Prophecy Coal Corp. The funds will be used by Prophecy Coal to …