WOM Finance Loan

completed

PT. Wahana Ottomitra Multiartha Tbk. (WOM or the company) is the third largest motorcycle finance company in Indonesia, a fast growing segment of the consumer finance market in the country. Established in 1982, WOM initially financed mostly receivables of Honda motorcycles, which was the leading motorcycle brand in Indonesia. To capitalize on the growing locally manufactured motorcycle market, the company subsequently added other brands to their brand portfolio. The company’s branch network has grown from just 4 in the beginning to 90 today, supporting 3,300 dealers throughout Indonesia. The project consists of a local currency medium-term IFC Loan of up to $20 million equivalent to WOM. The proposed IFC Loan would represent a stable source of funding which would help WOM to expand its motorcycle financing/leasing activities, diversify its funding base and better match its asset/liabilities.