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The bookbuilding for the deal will end on April 13.
Bookbuilding for the deal is expected to take place by the end of May, the official said.
The exact price would be set through bookbuilding, he said.
People familiar with the deal said they expected the bookbuilding to begin on Thursday and close within 24 to 36 hours.
"Bookbuilding process will follow thereafter," said one of the officials.
The sale price will be determined and announced after closing of the accelerated bookbuilding process.
There is no set timing and the offer is in bookbuilding, one of the investors added.
The company is conducting bookbuilding to form a syndicate of up to 12 bank lenders, the sources said.
His research is on initial public offerings (in particular the analysis of bookbuilding), securitisation and private equity.
Bookbuilding in relation to the Transaction will commence immediately.
It was done yesterday at 39 euros in a reverse accelerated bookbuilding,' the banker added.
Institutional bookbuilding was due to start on Wednesday and close on May 7.
The placing was done via an accelerated bookbuilding.
He said there would be a slightly different pricing structure for foreign investors, who will pay some premium to be decided by bookbuilding.
Bookbuilding will close on May 8, with pricing expected on May 9.
The Mexican precious metals firm, which launched bookbuilding on Thursday, is offering $900 million worth of new shares.
The Chinese gold miner will start meeting potential investors for its bookbuilding in Hong Kong.
Bookbuilding is ongoing today.
Bookbuilding, which spread to the UK in the 1980s as part of the Thatcher privatisations, has taken over.
Deutsche Bank ran the bookbuilding.
Bookbuilding would begin at the earliest on June 23 and end at the latest on July 3, the company said in a statement.
The Nordea sale was conducted through an accelerated bookbuilding directed at Swedish and international institutional investors.
The extra equity to be raised this week in a so-called acclerated bookbuilding would raise the ratio to 9.5 per cent, Deutsche said.
Our applications include end-to-end bookbuilding systems for all market& security types, roadshow & conference management platforms, and electronic document delivery.
The shares on offer will be priced after bookbuilding is closed on July 16 and will only begin trading after that.