US Concrete proposes to offer $200 million aggregate principal amount of the company's 6.375% Senior Notes due 2024 to qualified institutional buyers.
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.
During the twelve months ended September 30, 2016, US Concrete sold some 7.8 million cubic yards of ready-mixed concrete and 5.6 million tons of aggregate.
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