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Published on 5/15/2008 in the Prospect News Distressed Debt Daily.

Ready Mix USA buys $89.86 million claim against Asarco

By Caroline Salls

Pittsburgh, May 15 - Ready Mix USA, LLC bought Rinker Materials South Central, Inc.'s $89.86 million claim against Asarco LLC, according to a Thursday filing with the U.S. Bankruptcy Court for the Southern District of Texas.

Asarco, a Tucson, Ariz., mining company, filed for bankruptcy on Aug. 9, 2005. Its Chapter 11 case number is 05-21207.


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