Mongolian Mining exchange offer and new money issuance
We advised Mongolian Mining on the exchange offer and the offering of new 12.5% senior notes
Davis Polk advised Mongolian Mining Corporation and Energy Resources LLC as the co-issuers in connection with the offer to exchange their outstanding 9.25% senior notes due 2024 and a concurrent new money issuance of 12.50% senior notes due 2026.
Mongolian Mining Corporation is a leading Asian coking coal producer, engaged in the open-pit mining and processing of coking coal. It is one of the largest coal producers and exporters in
The Davis Polk corporate team included partner Gerhard Radtke, counsel Bingqing Pan and registered foreign lawyers Xin (Sheen) Xu and Sean Su. Members of the Davis Polk team are based in the Hong Kong office.