Each issue of PaperMoney is approximately 500 fact filled pages.
Logout
Click here for Pulp & Paper Radio International
Items just for you
New publication added! Advertising Arguments 2015 book
Free Downloads
Search
My Profile
Login
Management Side
Technical Side
Buckeye Technologies Inc.
Print
Memphis, Tennessee, USA, 21 May 2008 --(BUSINESS WIRE)-- Buckeye Technologies Inc. (NYSE:BKI) today announced that it has called for redemption before their maturity of USD 15 million in aggregate principal amount of its outstanding 8.0% Senior Subordinated Notes due 2010 and will redeem them on 20 June 2008, in accordance with their terms.

Upon completion of this redemption, USD 115 million of the 2010 Notes will remain outstanding. A formal notice of redemption has been sent separately to the affected holders of the 2010 Notes, in accordance with the terms of the indenture for the 2010 Notes. Buckeye plans to finance this redemption using its USD 200 million senior secured revolving credit facility, which was put in place 25 July 2007.

Buckeye, a leading manufacturer and marketer of specialty fibers and nonwoven materials, is headquartered in Memphis, Tennessee. The company currently operates facilities in the United States, Germany, Canada, and Brazil. Its products are sold worldwide to makers of consumer and industrial goods.



Powered by Bondware
News Publishing Software

The browser you are using is outdated!

You may not be getting all you can out of your browsing experience
and may be open to security risks!

Consider upgrading to the latest version of your browser or choose on below: