Japan's ORIX Corp. established a euro medium-term note program of up to US$4 billion.

Notes issued under the program will carry a maturity date of up to 30 years and will be listed on the Singapore Exchange Securities Trading Ltd., according to a July 25 prospectus.

SMBC Nikko Capital Markets Ltd. served as the sole arranger for the program. Dealers include ANZ, BNP Paribas, Bank of America Merrill Lynch, Citigroup, Crédit Agricole CIB, Daiwa Capital Markets Singapore Ltd., Mizuho Securities Co. Ltd. and Shinkin International Ltd.