SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
--------------------------------------------------------------------------------
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15 (D) OF THE
THE SECURITIES ACT OF 1934
--------------------------------------------------------------------------------
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): September 30, 2003
--------------------------------------------------------------------------------
BUCKEYE TECHNOLOGIES INC.
(Exact name of registrant as specified in its charter)
DELAWARE 33-60032 62-1518973
(State of Incorporation) (Commission File Number) (I.R.S. Employer Identification No.)
1001 Tillman Street, Memphis, Tennessee 38112
(Address of principal executive offices)
Registrant's telephone, including area code (901) 320-8100
--------------------------------------------------------------------------------
ITEM 5. OTHER EVENTS
On September 30, 2003, the Company issued the following press release.
News from
[GRAPHIC OMITTED]
FOR IMMEDIATE RELEASE
Contacts: Kris Matula, Senior Vice President
901-320-8588
Gordon Mitchell
Investor Relations Manager
901-320-8256
Website: www.bkitech.com
BUCKEYE EXTENDS CREDIT FACILITY
MEMPHIS, TN September 30, 2003 - Buckeye Technologies Inc. (NYSE:BKI) today
announced that its Canadian $16 million credit agreement with The
Toronto-Dominion Bank has been extended to mature on November 30, 2004. The
interest rate and other terms and conditions remain substantially the same. The
proceeds from this facility will continue to be used for general corporate
purposes.
Buckeye Chairman David B. Ferraro commented that, "This is an attractive credit
arrangement. Extending this loan will help ensure that we maintain liquidity
with a comfortable margin of safety. We are pleased with our long-term
relationship with Toronto-Dominion Bank.
Buckeye, a leading manufacturer and marketer of specialty cellulose and
absorbent products, is headquartered in Memphis, Tennessee, USA. The Company
currently operates facilities in the United States, Germany, Canada, Ireland and
Brazil. Its products are sold worldwide to makers of consumer and industrial
goods.
Certain matters discussed in this press release may constitute forward-looking
statements within the meaning of the federal securities laws that involve risks
and uncertainties, including but not limited to economic, competitive,
governmental, and technological factors affecting the Company's operations,
financing, markets, products, services and prices, and other factors. For
further information on factors which could impact the Company and the statements
contained herein, please refer to public filings with the Securities and
Exchange Commission.
ITEM 5. OTHER EVENTS
On October 2, 2003, the Company issued the following press release.
CONFERENCE CALL
for
BUCKEYE TECHNOLOGIES INC.
First Quarter Results
We have scheduled a conference call for
Tuesday, October 21, 2003
9:30 a.m. Central
Management participating on the call will include
David B. Ferraro, Chief Executive Officer
John B. Crowe, President and Chief Operating Officer
Kristopher J. Matula, Sr. Vice President, Nonwovens and Corporate Strategy
Gayle L. Powelson, Sr. Vice President and Chief Financial Officer
Gordon B. Mitchell, Investor Relations Manager
All interested parties are invited to listen to the audio conference call live
or tape delayed via the website WWW.STREETEVENTS.COM or via the Company's
website homepage at WWW.BKITECH.COM. The replay will be archived on these
websites through November 20, 2003.
In addition, persons interested in listening by telephone may dial in at (800)
811-7286 within the United States. International callers should dial (913)
981-4902. Participants should call no later than 9:20 a.m. CT.
To listen to the telephone replay of the conference call, dial (888) 203-1112 or
(719) 457-0820. The passcode is 637600. The telephone replay will be available
until midnight November 10, 2003.
A press release will be issued via Business Wire after the market closes on
October 20. If you do not receive a copy of this release, please contact Gordon
Mitchell at (901) 320-8256.
We look forward to your participation.
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/ Gayle L. Powelson
--------------------------------------
Gayle L. Powelson
Senior Vice President and Chief Financial Officer
October 2, 2003