Davis Polk advised The Metropolis of Tokyo in connection with its $500 million Rule 144A/Regulation S offering of 2.500% bonds due 2022.

The Davis Polk corporate team included partner Jon Gray, counsel Christopher J. Kodama, former senior transaction manager Chihiro Sasaki and associates Shinya Fujiwara and Alexander Coley. Partner John D. Paton and associate Veronica Orecharova provided tax advice. Members of the Davis Polk team are based in the Tokyo and London offices.