U.S. Concrete Announces the Closing of Its Offering of $200 Million of Additional Senior Notes Due 2024
The Notes are senior unsecured obligations of the Company and are guaranteed on a senior unsecured basis by the Company's existing and future restricted subsidiaries that guarantee obligations under its senior secured asset-based revolving credit facility or that guarantee certain of its other indebtedness or certain indebtedness of its restricted subsidiaries.
The Company intends to use the net proceeds from this offering for general corporate purposes, including funding the purchase price of future acquisitions to expand its business.
The Notes have not been registered under the Securities Act or any state securities laws and may not be offered or sold in
This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
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CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
This press release contains various forward-looking statements and information that are based on management's belief, as well as assumptions made by and information currently available to management. These forward-looking statements speak only as of the date of this press release. The Company disclaims any obligation to update these statements and cautions you not to rely unduly on them. Forward-looking information includes, but is not limited to, statements regarding the intended use of proceeds from the offering of the Notes. Although
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