Davis Polk advised the joint lead managers in connection with the debut Rule 144A/Regulation S offering of senior notes by Seven & i Holdings Co., Ltd., which consisted of $600 million aggregate principal amount of 3.350% senior notes due 2021. The notes are listed on the Singapore Exchange Securities Trading Limited.

Seven & i Holdings is the holding company for the Seven & i Group. Through its subsidiaries, Seven & i Holdings is engaged in a wide range of retail businesses centered on its global chain of 7-Eleven convenience stores, including in the United States, and extending to other well-known retail establishments, operating primarily in Japan, including supermarkets, department stores and specialty stores under various brands. Seven & i Holdings is also engaged in financial services through its subsidiary Seven Bank, Ltd., which operates a large network of ATMs located in 7-Eleven convenience stores and other locations including subway stations, shopping malls and airports.

The Davis Polk corporate team included partner Jon Gray, counsel Christopher J. Kodama and associates Benjamin Potter and Mari Foster. Counsel Alon Gurfinkel and associate Omer Harel provided tax advice. Members of the Davis Polk team are based in the Tokyo and London offices.

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