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MDS & KhanLex advises EBRD on a EUR 10 million senior loan facility to Mongolian car dealer (Jan 2015)

MDS & 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 business.

The borrower is part of Tavan Bogd Group, a large Mongolian group with business interests ranging from consumer goods to financial services to export-import trade.

 

 

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MDSKhanLex LLP is a limited liability partnership, incorporated in accordance with Law on legal status of lawyers and is authorized to conduct lawyers’ professional activity per Mongolian law issues.

This publication does not necessary cover core or important issue of the topic and it is prepared only with intention to provide general information to our clients and/or other interested persons.   This publication does not constitute legal advice under professional activity of lawyers. 

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