Davis Polk advised the joint lead managers in connection with a Rule 144A/Regulation S offering by Central Japan Railway Company (JR Central) of its $300 million aggregate amount of 4.25% senior notes due 2045.

Central Japan Railway Company is one of the largest railway companies in Japan operating in the Chūbu (Nagoya) region of central Japan and its headquarters are located in the JR Central Towers in Nakamura-ku, Nagoya, Aichi Prefecture. It provides rail transportation services between Tokyo and Osaka, including the Tokai region, and its core operation is the Tokaido Shinkansen operating in Japan’s major metropolitan areas including Tokyo, Nagoya and Osaka. The company, through its subsidiaries, also provides bus transportation services, leases real estate and operates department stores, hotels, restaurants, and construction businesses.

The Davis Polk corporate team included corporate partners Eugene C. Gregor and Jon Gray and senior transaction manager Chihiro Sasaki. Partner John D. Paton and associate Nicholas A. Machen provided tax advice. Members of the Davis Polk team are based in the Tokyo, Hong Kong and London offices.