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Published on 2/28/2007 in the Prospect News High Yield Daily.

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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