Synthesis and characterization of achiral 1 and new chiral macrocycles (R,R)-2, (S,S)-3 and (S,S)-4 containing a triphenylphosphanone unit have been accomplished. A new method was used for the reduction of phosphanones to phosphanes. Using this method new potential catalyst ligands 15, (R,R)-16, (S,S)-17 and (S,S)-18 containing a triphenylphosphane unit were synthesized and characterized. These ligands are promising candidates for coordination chemistry studies and homogeneous catalytic reactions.