JAKARTA – PT Wahana Otomitra Multiartha Tbk (WOMF), a financing company owned by Bank Maybank Indonesia, is once again launching a public offering of bonds with a principal amount of IDR 1.5 trillion.

The debt securities will be issued under the name Sustainable Bonds V WOMF Phase II/2025, and will be offered in two series.

Series A will carry a principal amount of IDR 595 billion, an annual coupon of 6.45%, and a tenor of 370 calendar days. Series B will have a principal of IDR 905 billion, an annual coupon of 6.85%, and a tenor of three years.

WOMF’s management stated that proceeds from the bond issuance will be used as working capital for financing.

The bonds have received an “idAAA” rating from Indonesian rating agency Pefindo.

The public offering period for the bonds will run from 13–19 June 2025, with the bonds set to be listed on the Indonesia Stock Exchange (IDX) on 25 June 2025.

WOMF has appointed five parties to act as joint lead underwriters and underwriters: PT BRI Danareksa Sekuritas, PT DBS Vickers Sekuritas Indonesia, PT KB Valbury Sekuritas, PT Maybank Sekuritas Indonesia, and PT Trimegah Sekuritas Indonesia Tbk (TRIM). (KR/ZH)