11 Aug 2023
In the latest financial success story, PT Wahana Inti Selaras ("WISEL"), a part of Indomobil Group and a leading commercial vehicle, heavy equipment, agriculture machinery, and material handling equipment brand in Indonesia, has achieved another milestone. Following their successful bond Issuance in 2022, WISEL has once again made headlines by successfully closing its second bond issuance, known as "Obligasi II Wahana Inti Selaras Tahun 2023," on the Indonesia Stock Exchange on August 8, 2023.
This second issuance raised an impressive IDR 2,433,600,000,000, divided into three series, to support WISEL and its subsidiaries' working capital and further expand their rapidly growing businesses. The company's incredible lineup includes being an authorized distributor and dealer of renowned brands such as Volvo Trucks, Volvo Construction Equipment, Volvo Buses, Volvo Penta, SDLG, Renault Trucks, Kalmar Port Equipment, John Deere, Hiab, and Manitou Telehandlers.
AYMP, acting as issuer legal counsel, once again played a crucial role in making this success possible for WISEL. The team, led by Managing Partner Arie Armand, received valuable support from Associates Tia Rosana Ratna Sari, Meuthia Miranti Wulandarie, David Bernard Kandou, and Poltak Pane.
Our heartiest congratulations to WISEL and all the parties involved in this remarkable project.