Greece is poised Thursday to complete its second bond sale since defaulting on its debt two years ago.

Investors have placed around EUR2.6 billion ($3.5 billion) worth of orders, according to one of the banks running the sale. Bankers are suggesting the three-year bond should price to yield between 3.5% and 3.625%. The final size of the bond has yet to be decided.

The deal is Greece's second in three months following a four-year hiatus in which the country needed two bailout packages and a EUR200 billion debt restructuring to avoid financial collapse.

Bank of America Merrill Lynch, Citigroup, Deutsche Bank, Goldman Sachs and J.P. Morgan Chase & Co. are the banks hired to manage the sale.

Write to Ben Edwards at ben.edwards@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Citigroup (NYSE:C)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Citigroup Charts.
Citigroup (NYSE:C)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Citigroup Charts.