Aug 20, 2007. /Lesprom Network/. Buckeye Technologies Inc. announced on August 17, 2007 that it has called for redemption prior to their maturity $60 million in aggregate principal amount of its outstanding 9 1/4% senior subordinated notes due 2008 and will redeem on September 17, 2007, in accordance with their terms. Upon completion of this redemption, none of the 2008 notes will remain outstanding. Buckeye plans to finance this redemption using its new revolving credit facility. Buckeye, a leading manufacturer and marketer of specialty fibers and nonwoven materials, is headquartered in Memphis, Tennessee, USA. 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.