Davis Polk advised the joint lead managers in connection with the debut Rule 144A/Regulation S offering of senior notes by Toyota Industries Corporation, which consisted of $500 million aggregate amount of 3.235% senior notes due 2023 and $500 million aggregate amount of 3.566% senior notes due 2028. The notes are listed on the Singapore Exchange Securities Trading Limited.

Toyota Industries is a global manufacturing company based in Japan with operations around the world, primarily engaged in the development, production and sale of materials handling equipment, vehicles, automobile parts and textile machinery as well as the provision of related after sales and other services. Toyota Industries was established in 1926 and is the original founding company of Toyota Motor Corporation and the Toyota Group.

The Davis Polk corporate team included partner Jon Gray, counsel Christopher J. Kodama and associate Alexander Coley. Counsel Alon Gurfinkel and associate Veronica Orecharova provided tax advice. Members of the Davis Polk team are based in the Tokyo and London offices.

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