Ready Mix Concrete to launch $150 million notes via roadshow

By Paul A. Harris

St. Louis, Oct. 18 - Ready Mix Concrete will begin a roadshow Wednesday for its $150 million offering of eight-year senior subordinated notes, according to an informed source.

Pricing is expected to take place on Oct. 28.

The notes are non-callable for four years.

JP Morgan will run the books for the Rule 144A offering. Jefferies & Co. will be the co-manager.

Proceeds will be used to fund Audax Group's leveraged buyout of Ready Mix.

The company is an Escondido, Calif.-based producer of ready-mixed concrete.

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