Mayer Brown advised Trade and Development Bank of Mongolia LLC on its landmark deal, which won “High Yield Deal of the Year” at the IFLR Asia Awards 2016 in Hong Kong last week. The firm acted as U.S. and English legal counsel, and advised on structuring and issuance aspects of its US$500 million 9.375% senior notes due 2020, which notes were guaranteed by the Ministry of Finance of Mongolia. This latest award follows the deal’s win in the same category at FinanceAsia’s Achievement Awards 2015.
The team was led by Jason T. Elder, a firmwide practice leader of Mayer Brown’s Corporate & Securities group, and included Banking & Finance partners Stephen Walsh and James Taylor; Tax Transactions & Consulting partner Jason Bazar; and Hong Kong-based Corporate & Securities Registered Foreign Lawyer Karen Chong.
Mayer Brown remains proud of its long-standing position in Mongolia, and its strong experience and extensive track record representing issuers in cross-border capital markets transactions from this frontier jurisdiction.