New York, May 17, 2016 -- Moody's Investors Service assigned a B3 senior unsecured rating to U.S. Concrete, Inc.'s ("U.S. Concrete") proposed $350 million senior unsecured notes due 2024 ("Notes"). The proceeds will be used to repay its senior secured notes due 2018, to repay drawings on its ABL revolver, fund opportunistic acquisitions and for general corporate purposes. At the same time, Moody's affirmed U.S. Concrete's Corporate Family Rating at B2 and the Probability of Default Rating at B2-PD. The senior secured notes due 2018 were also affirmed at B3, but will be withdrawn upon the closing of the Notes. The Speculative Grade Liquidity rating was affirmed at SGL-2. The rating outlook was revised to positive from stable.

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