We advised Mitsubishi HC Finance America and Mitsubishi HC Capital on the guaranteed senior notes offering

Davis Polk advised Mitsubishi HC Finance America LLC, a U.S. finance subsidiary of Mitsubishi HC Capital Inc., in connection with its Rule 144A / Regulation S offering of $500 million aggregate principal amount of 5.658% senior notes due 2033. The notes are senior unsecured obligations of Mitsubishi HC Finance America and are unconditionally guaranteed on a senior unsecured basis by Mitsubishi HC Capital. The notes are listed on the Singapore Exchange Securities Trading Limited.

Mitsubishi HC Capital is a leading comprehensive non-bank financial company headquartered in Japan, born from the business integration of Mitsubishi UFJ Lease & Finance Company Limited and Hitachi Capital Corporation in April 2021. Mitsubishi HC Finance America acts as a finance subsidiary aiming to enhance U.S. dollar funding capacity that supports Mitsubishi HC Capital group’s overseas expansion, especially in the United States.

The Davis Polk corporate team included partner Jon Gray, counsel Christopher Kodama and associates Paul Lee and Dylan H. Lojac. Counsel Alon Gurfinkel and associate Kelli A. Rivers provided tax advice. Counsel Sarah E. Kim provided 1940 Act advice. Counsel Charles Shi provided executive compensation advice. Members of the Davis Polk team are based in the Tokyo, London and New York offices.