redemption8k.htm

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549
_________

FORM 8-K

CURRENT REPORT
Pursuant to section 13 OR 15(d) of the
Securities Exchange Act of 1934


Date of Report (Date of earliest event reported):  May 21, 2008

BUCKEYE TECHNOLOGIES INC.
(Exact name of registrant as specified in its charter)

         
DELAWARE
  
33-60032
  
62-1518973
(State or other
  
(Commission
  
(IRS Employer
jurisdiction of incorporation)
  
File Number)
  
Identification Number)


1001 Tillman Street, Memphis, Tennessee
  
38112
(Address of principal executive offices)
  
(Zip Code)


Registrant's telephone number, including area code:  (901) 320-8100

N/A
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

[ ]            Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ]            Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ]            Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ]            Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))



 
SECTION 7.  REGULATION FD.
 
 
Item 7.01.  Regulation FD Disclosure.
 
 
The information furnished on exhibit 99.1 is hereby incorporated by reference under this Item 7.01 as if fully set forth herein.
 
 
The information presented herein under Item 7.01 shall not be deemed "filed" under the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as may be expressly set forth by specific reference in such a filing.
 
 
SECTION 8.  OTHER EVENTS

Item 8.01.  Other Events

On May 21, 2008, Buckeye Technologies Inc. issued a press release announcing its intent to call for redemption prior to their maturity $15 million in aggregate principal amount of its outstanding 8.0 % Senior Subordinated Notes due 2010 and will redeem on June 20, 2008, in accordance with their terms.  A copy of the press release is attached as exhibit 99.1.
 
SECTION 9.  FINANCIAL STATEMENTS AND EXHIBITS.
Item 9.01.  Financial Statements and Exhibits.
 
(c)           Exhibits. 
Exhibit
Number
Description
99.1
Press Release of Buckeye Technologies Inc. dated May 21, 2008.           (furnished)
     




SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized,

             
BUCKEYE TECHNOLOGIES INC.
               
               
               
             
/s/ Steven G. Dean 
             
Steven G. Dean
             
Sr. Vice President and Chief Financial Officer
             
May 21, 2008