KONTAN.CO.ID - JAKARTA. PT Wahana Ottomitra Multiartha Tbk (WOMF) has again released sustainable bonds V. This will be the second phase issuance for WOM Finance.

This financing company will issue bonds with a principal value of IDR 1.5 trillion. The continuous public offering of Wom Finance's sustainable bonds V targets to raise a maximum of IDR 5 trillion. In phase I, WOM Finance has released bonds worth IDR 1 trillion in July last year.

This means that Wom Finance still has the opportunity to issue sustainable bonds V worth another IDR 2.5 trillion if the phase II issuance has been successfully sold. The issuance of the next phase of bonds will be determined later. In the issuance of sustainable bonds V phase II, it will be released in two series.

Series A, Wom Finance offers bonds worth IDR 595 billion with a fixed interest rate of 6.45% per year with a tenor of 370 days. While series B is offered worth IDR 905 billion with a fixed interest rate of 6.85% per year with a tenor of three years.

The schedule for the public offering of sustainable bonds V phase II is currently underway and will end on June 19, 2025. Allotment on June 20, refund of order money (issuance date) and electronic distribution of bonds on June 24, 2025. Meanwhile, the listing of bonds on the IDX is on June 25, 2025.

In this bond offering, Wom Finance is assisted by five underwriters including BRI Danareksa Securities, DBS Vickers Securities Indonesia, KB Valbury Securities, Maybank Securities Indonesia and Trimegah Securities Indonesia.

The funds from this bond issuance will be used for working capital for financing including consumer financing, business capital and finance leases.