South Korea hired banks for a potential foreign-currency bond sale, in what would be a key test of investor appetite after the nation’s top court removed former President Yoon Suk Yeol earlier this month.
The government mandated Goldman Sachs Group Inc., HSBC Holdings Plc, JPMorgan Chase & Co, Credit Agricole SA, and KB Securities Co. for the possible debt offering, according to an official at the finance ministry who asked not to be identified because the matter is private. The currency and tenor of the bond sale aren’t yet decided.