Scottish & Newcastle has announced a final deadline for its £50m nine-and-three-quarter per cent bonds due 2006 tender offer. The brewer said yesterday that a further £180,000 principal amount of the bonds have been tendered, and will be purchased by S&N.

The tender offer will close at 1100 DST (London time) on 8 April, and S&N will not extend the offer period any further.

Following the cancellation of these bonds, S&N said, a total of £14.93m will have been purchased, with £208,000 outstanding.

All other terms of the tender offer remain unchanged, the company said.