The senior notes are due 2029 

Davis Polk advised the joint lead managers and joint bookrunners in connection with the Rule 144A / Regulation S offering of senior notes by DENSO CORPORATION, which consisted of $500 million aggregate amount of 4.420% senior notes due 2029. The net proceeds of the notes will be allocated to new or existing “Eligible Social Projects” and “Eligible Green Projects” as defined under DENSO’s “Sustainable Finance Framework.” The notes are listed on the Singapore Exchange Securities Trading Limited.

DENSO is a leading global manufacturing company based in Japan with operations around the world, engaged in the development, production and sale of automotive parts and components.

The Davis Polk corporate team included partner Christopher Kodama, counsel Chihiro Sasaki and associates Haruka Moriya and Ayano Kitano. Counsel Alon Gurfinkel and associate Ya Sheng Lin provided tax advice. Counsel Charles Shi provided ERISA advice. Members of the Davis Polk team are based in the Tokyo, London and New York offices.

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