JAKARTA - PT Wahana Ottomitra Multiartha Tbk (WOMF) or WOM Finance is offering its Shelf-Registration V Phase I Year 2024 worth IDR 1 trillion until June 11, 2024. The entire proceeds of this bond issuance will be utilised to enhance funding capacity.

In the short prospectus quoted Thursday (30/5), Cincin Lisa Hadi, Director of WOM Finance, confirmed that the bond will be offered in series A and B with tenors of 370 days and 3 years with full-commitment guarantee.

As of now, WOM Finance distributes its financing products to various regions, including Greater Jakarta Area, Banten, East Java, Bali, Kalimantan and Sulawesi, Central Java, West Java, and Sumatra. This company records 201 network offices, consisting of 165 branch offices and 36 minor offices.

The underwriters assigned for this bond issuance are PT BNI Sekuritas, PT DBS Vickers Sekuritas Indonesia, PT KB Valbury Sekuritas, PT Maybank Sekuritas Indonesia, and PT Trimegah Sekuritas Indonesia Tbk (TRIMS). The appointed trustee is PT Bank Rakyat Indonesia (Persero) Tbk (BBRI).

As of December 2023, WOM Finance reported consumer financing of IDR 3.59 trillion, business loans of IDR 51.88 billion, lease financing of IDR 2.29 trillion, and other receivables of IDR 51.09 billion. (LK/ZH)