consentsolicitation.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):  July 1, 2009

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 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 July 1, 2009, Buckeye Technologies Inc. announced that it successfully completed its consent solicitation to amend the indenture governing its 8½% Senior Notes due October 1, 2013 (the “2013 Notes”) to permit the redemption, repurchase or retirement of subordinated indebtedness up to 16 months prior to maturity, which represents an increase of four months compared to the original indenture.

Buckeye also announced that it has called for redemption prior to their maturity $110 million in aggregate principal amount of its 2010 Notes and will redeem them on July 31, 2009, in accordance with their terms.  Upon completion of the redemption, none of the 2010 Notes will remain outstanding.

SECTION 9.  FINANCIAL STATEMENTS AND EXHIBITS.
 
Item 9.01.  Financial Statements and Exhibits.
 
 
(d)           Exhibits.
 
Exhibit
Number
  
Description
     
99.1
  
Press Release of Buckeye Technologies Inc. dated July 1, 2009.  (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
             
Senior Vice President and Chief Financial Officer
             
July 1, 2009