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Buckeye Technologies calls $5 million of 9¼% notes
By Angela McDaniels
Seattle, Feb. 28 - Buckeye Technologies Inc. said it plans to redeem $5 million of its 9¼% senior subordinated notes due 2008, which is roughly 8% of the notes outstanding, on or about March 30.
A formal notice of redemption will be sent to the affected noteholders, according to a company news release.
Buckeye manufactures and markets specialty fibers and nonwoven materials and is based in Memphis.
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