Davis Polk advised the joint lead managers in connection with a Rule 144A/Regulation S offering by Meiji Yasuda Life Insurance Company of its $2 billion aggregate amount of 5.20% step-up callable subordinated notes due 2045. The notes are listed on the Singapore Exchange Securities Trading Limited.

 

Meiji Yasuda Life is one of the largest private life insurance companies in Japan, as measured by premium income.

 

The Davis Polk corporate team included partner Eugene C. Gregor and counsel Christopher J. Kodama. Partner John D. Paton and associate Omer Harel provided tax advice. Members of the Davis Polk team are based in the Tokyo and London offices.