-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, BOJ/q/drqcZ/T2/IJtzOLRMfUQP8vnFd+3hgspFXDb7TXWV9/FhBPydhqA7M36XT J1GEKwuDCpAi4OyG2SquUg== 0000899140-10-000643.txt : 20100910 0000899140-10-000643.hdr.sgml : 20100910 20100910171846 ACCESSION NUMBER: 0000899140-10-000643 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20100910 DATE AS OF CHANGE: 20100910 GROUP MEMBERS: MDRA GP LP GROUP MEMBERS: MONARCH ALTERNATIVE CAPITAL LP GROUP MEMBERS: MONARCH GP LLC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: U.S. Concrete, Inc. CENTRAL INDEX KEY: 0001307784 IRS NUMBER: 760586680 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-84033 FILM NUMBER: 101067675 BUSINESS ADDRESS: STREET 1: 2925 BRIARPARK, SUITE 500 CITY: HOUSTON STATE: TX ZIP: 77042 BUSINESS PHONE: 713-499-6200 MAIL ADDRESS: STREET 1: 2925 BRIARPARK, SUITE 500 CITY: HOUSTON STATE: TX ZIP: 77042 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Monarch Debt Recovery Master Fund Ltd CENTRAL INDEX KEY: 0001301001 IRS NUMBER: 980371106 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: WALKER HOUSE STREET 2: PO BOX 908GT CITY: GEORGETOWN STATE: E9 ZIP: ------- BUSINESS PHONE: 212-418-1700 MAIL ADDRESS: STREET 1: 375 PARK AVENUE STREET 2: 14TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10152 FORMER COMPANY: FORMER CONFORMED NAME: QDRF Master Ltd DATE OF NAME CHANGE: 20040819 SC 13G 1 u5833485b.htm u5833485b.htm


 

 

 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 

 
SCHEDULE 13G
 
Under the Securities Exchange Act of 1934
 

 
U.S. Concrete, Inc.
(Name of Issuer)
 
Common Stock, par value $0.001 per share
(Title of Class of Securities)
 
90333L201
(CUSIP Number)
 
August 31, 2010
(Date of Event Which Requires Filing of this Statement)
 
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
 
o  Rule 13d-1(b)
x  Rule 13d-1(c)
o  Rule 13d-1(d)
 
*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
 
The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
 

 
 

 

CUSIP No.       90333L201     
13G
Page 2 of 10 Pages

1
NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
 
Monarch Debt Recovery Master Fund Ltd
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) o
 
(b) x
 
3
SEC USE ONLY
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Cayman Islands
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH:
5
SOLE VOTING POWER
 
0
6
SHARED VOTING POWER
 
795,316
7
SOLE DISPOSITIVE POWER
 
0
8
SHARED DISPOSITIVE POWER
 
795,316
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
795,316
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
 
N/A
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
 
6.4%*
12
TYPE OF REPORTING PERSON*
 
CO
*Calculated based on approximately 11.9 million shares of common stock of U.S. Concrete, Inc. (the “Company”) issued in connection with the consummation of the Company’s plan of reorganization under Chapter 11 of the United States bankruptcy code, as reported in the Form 8-K filed by the Company with the Securities and Exchange Commission on September 2, 2010.
 

 

 
 

 

CUSIP No.       90333L201     
13G
Page 3 of 10 Pages

1
NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
 
Monarch Alternative Capital LP
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) o   
 
(b) x
 
 
3
SEC USE ONLY
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH:
5
SOLE VOTING POWER
 
0
6
SHARED VOTING POWER
 
1,248,533
7
SOLE DISPOSITIVE POWER
 
0
8
SHARED DISPOSITIVE POWER
 
1,248,533
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
1,248,533
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
 
N/A
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
 
9.9%*
12
TYPE OF REPORTING PERSON*
 
PN
*Calculated based on approximately 11.9 million shares of common stock of U.S. Concrete, Inc. (the “Company”) issued in connection with the consummation of the Company’s plan of reorganization under Chapter 11 of the United States bankruptcy code, as reported in the Form 8-K filed by the Company with the Securities and Exchange Commission on September 2, 2010.

 
 

 


CUSIP No.       90333L201     
13G
Page 4 of 10 Pages

1
NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
 
MDRA GP LP
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) o
 
(b) x
 
 
3
SEC USE ONLY
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH:
5
SOLE VOTING POWER
 
0
6
SHARED VOTING POWER
 
1,248,533
7
SOLE DISPOSITIVE POWER
 
0
8
SHARED DISPOSITIVE POWER
 
1,248,533
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
1,248,533
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
 
N/A
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
 
9.9%*
12
TYPE OF REPORTING PERSON*
 
PN
*Calculated based on approximately 11.9 million shares of common stock of U.S. Concrete, Inc. (the “Company”) issued in connection with the consummation of the Company’s plan of reorganization under Chapter 11 of the United States bankruptcy code, as reported in the Form 8-K filed by the Company with the Securities and Exchange Commission on September 2, 2010.

 
 

 

CUSIP No.       90333L201     
13G
Page 5 of 10 Pages

1
NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
 
Monarch GP LLC
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) o
 
(b) x
 
 
3
SEC USE ONLY
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH:
5
SOLE VOTING POWER
 
0
6
SHARED VOTING POWER
 
1,248,533
7
SOLE DISPOSITIVE POWER
 
0
8
SHARED DISPOSITIVE POWER
 
1,248,533
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
1,248,533
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
 
N/A
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
 
9.9%*
12
TYPE OF REPORTING PERSON*
 
OO
*Calculated based on approximately 11.9 million shares of common stock of U.S. Concrete, Inc. (the “Company”) issued in connection with the consummation of the Company’s plan of reorganization under Chapter 11 of the United States bankruptcy code, as reported in the Form 8-K filed by the Company with the Securities and Exchange Commission on September 2, 2010.

 
 

 

Item 1(a):               Name of Issuer:
 
The name of the issuer is U.S. Concrete, Inc., a corporation organized under the laws of the State of Delaware (the “Issuer”).
 
Item 1(b):               Address of Issuer’s Principal Executive Offices:
 
The Issuer’s principal executive office is located at 2925 Briarpark, Suite 1050, Houston, Texas  77042
 
Item 2(a):               Name of Person Filing:
 
This Schedule 13G is filed by:
 
(i) Monarch Debt Recovery Master Fund Ltd (“MDRF”), with respect to shares of Common Stock (as defined below), of the Issuer owned by MDRF directly (the “MDRF Common Stock”) as Common Stock or through 9.5% Convertible Secured Notes due 2015 (the “Convertible Notes”) that are convertible into Common Stock;
 
(ii) Monarch Alternative Capital LP (“MAC”), which serves as advisor to a variety of funds (such funds collectively, the “Funds), including MDRF, with respect to shares of Common Stock of the Issuer directly owned by the Funds (including the MDRF Shares) as Common Stock or through Convertible Notes that are convertible into Common Stock;
 
(iii) MDRA GP LP (“MDRA GP”), which is the general partner of MAC, with respect to shares of Common Stock indirectly beneficially owned by virtue of such position; and
 
(iv) Monarch GP LLC (“Monarch GP”), which is the general partner of MDRA GP, with respect to shares of Common Stock indirectly beneficially owned by virtue of such position.
 
MDRF, MAC, MDRA GP and Monarch GP are sometimes collectively referred to herein as the “Reporting Persons.”
 
Item 2(b):
Address of Principal Business Office or, if None, Residence:
 
The address of the principal business office of the Reporting Persons is c/o Monarch Alternative Capital LP, 535 Madison Avenue, New York, New York 10022.
 
Item 2(c):               Citizenship:
 
MDRF is a Cayman Islands corporation.  MAC is a Delaware limited partnership.  MDRA GP is a Delaware limited partnership.  Monarch GP is a Delaware limited liability company.
 
Item 2(d):               Title of Class of Securities:
 
Common Stock, par value $0.001 per share (“Common Stock”)
 
Item 2(e):               CUSIP Number
 
90333L201
 
 
-6-
 

 
 
Item 3:                   If this statement is filed pursuant to Rules 13d-1(b) or 13d-2(b) or (c), check whether the person filing is a:
 
 
A.
o Broker or dealer registered under Section 15 of the Act,
 
 
B.
o Bank as defined in Section 3(a)(6) of the Act,
 
 
C.
o Insurance Company as defined in Section 3(a)(19) of the Act,
 
 
D.
o Investment Company registered under Section 8 of the Investment Company Act of 1940,
 
 
E.
o Investment Adviser in accordance with Rule 13d-1 (b)(1)(ii)(E),
 
 
F.
o Employee Benefit Plan or Endowment Fund in accordance with 13d-1 (b)(1)(ii)(F),
 
 
G.
o Parent Holding Company or control person in accordance with Rule 13d-1 (b)(1)(ii)(G),
 
 
H.
o Savings Association as defined in Section 3(b) of the Federal Deposit Insurance Act,
 
 
I.
o Church Plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940,
 
 
J.
o A non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J)
 
 
K.
o Group, in accordance with Rule 13d-1(b)(1)(ii)(K)
 
Item 4:                   Ownership:
 
The beneficial ownership of the Reporting Persons as of the date of this Schedule 13G is as follows:
 
A.           MDRF
 
(a)           Amount beneficially owned: 795,316 (includes 540,667 shares issuable upon conversion of Convertible Notes)
 
(b) Percent of Class: 6.4% (Calculated based on approximately 11.9 million shares of Common Stock issued in connection with the consummation of the Issuer’s plan of reorganization under Chapter 11 of the United States bankruptcy code, as reported in the Form 8-K filed by the Issuer with the Securities and Exchange Commission on September 2, 2010.)
 
(c) Number of shares as to which such person has:
 
(i) Sole power to vote or direct the vote: 0
 
(ii) Shared power to vote or direct the vote: 795,316
 
(iii) Sole power to dispose or direct the disposition: 0
 
(iv) Shared power to dispose or direct the disposition: 795,316
 
B.           MAC
 
 
-7-
 

 
 
(a)           Amount beneficially owned: 1,248,533 (includes 711,446 shares issuable upon conversion of Convertible Notes, reflecting the "Conversion Cap" set forth in the indenture governing the Convertible Notes)
 
(b) Percent of Class: 9.9% (Calculated based on approximately 11.9 million shares of Common Stock issued in connection with the consummation of the Issuer’s plan of reorganization under Chapter 11 of the United States bankruptcy code, as reported in the Form 8-K filed by the Issuer with the Securities and Exchange Commission on September 2, 2010.)
 
(c) Number of shares as to which such person has:
 
(i) Sole power to vote or direct the vote: 0
 
(ii) Shared power to vote or direct the vote: 1,248,533
 
(iii) Sole power to dispose or direct the disposition: 0
 
(iv) Shared power to dispose or direct the disposition: 1,248,533
 
C.           MDRA GP
 
(a)           Amount beneficially owned: 1,248,533 (includes 711,446 shares issuable upon conversion of Convertible Notes, reflecting the "Conversion Cap" set forth in the indenture governing the Convertible Notes)
 
(b) Percent of Class: 9.9% (Calculated based on approximately 11.9 million shares of Common Stock issued in connection with the consummation of the Issuer’s plan of reorganization under Chapter 11 of the United States bankruptcy code, as reported in the Form 8-K filed by the Issuer with the Securities and Exchange Commission on September 2, 2010.)
 
(c) Number of shares as to which such person has:
 
(i) Sole power to vote or direct the vote: 0
 
(ii) Shared power to vote or direct the vote: 1,248,533
 
(iii) Sole power to dispose or direct the disposition: 0
 
(iv) Shared power to dispose or direct the disposition: 1,248,533
 
D.           Monarch GP
 
(a)           Amount beneficially owned: 1,248,533 (includes 711,446 shares issuable upon conversion of Convertible Notes, reflecting the "Conversion Cap" set forth in the indenture governing the Convertible Notes)
 
(b) Percent of Class: 9.9% (Calculated based on approximately 11.9 million shares of Common Stock issued in connection with the consummation of the Issuer’s plan of reorganization under Chapter 11 of the United States bankruptcy code, as reported in the Form 8-K filed by the Issuer with the Securities and Exchange Commission on September 2, 2010.)
 
(c) Number of shares as to which such person has:
 
(i) Sole power to vote or direct the vote: 0
 
 
-8-
 

 
 
(ii) Shared power to vote or direct the vote: 1,248,533
 
(iii) Sole power to dispose or direct the disposition: 0
 
(iv) Shared power to dispose or direct the disposition: 1,248,533
 
Item 5:                   Ownership of Five Percent or Less of a Class:
 
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following: [     ]
 
Item 6:                   Ownership of More than Five Percent on Behalf of Another Person:
 
Other than as set forth herein, no other person has the right to receive or the power to direct the receipt of dividends from, or proceeds from the sale of, in excess of 5% of the total outstanding Common Stock.
 
Item 7:                   Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company
 
N/A
 
Item 8:                   Identification and Classification of Members of the Group:
 
N/A
 
Item 9:                   Notice of Dissolution of Group:
 
N/A
 
Item 10:                 Certification:
 
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
 
 
 
 

-9-
 
 
 

 

SIGNATURES
 
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
 
Dated:  September 10, 2010
MONARCH DEBT RECOVERY MASTER FUND LTD
By:          Monarch Alternative Capital LP
                its Investment Manager
 
By:       MDRA GP LP, its General Partner
 
By:       Monarch GP LLC, its General Partner
 
 
By: /s/ Michael Weinstock                                  
       Name:  Michael Weinstock
       Title:  Member
 
Dated:  September 10, 2010
MONARCH ALTERNATIVE CAPITAL LP
By:       MDRA GP LP, its General Partner
 
By:       Monarch GP LLC, its General Partner
 
 
By: /s/ Michael Weinstock                                       
       Name:  Michael Weinstock
       Title:  Member
 
Dated:  September 10, 2010
MDRA GP LP
 
By:         Monarch GP LLC, its General Partner
 
 
By: /s/ Michael Weinstock                                      
       Name:   Michael Weinstock
       Title:  Member
 
Dated:  September 10, 2010
MONARCH GP LLC
 
 
By: /s/ Michael Weinstock                                     
       Name: Michael Weinstock
       Title:  Member
 


[Signature Page to Schedule 13G with respect to U.S. Concrete, Inc.]
 

 
 
 

 

EX-1 3 u5833485c.htm JOINT FILING AGREEMENT u5833485c.htm
 
EXHIBIT 1
 
 
JOINT FILING AGREEMENT
 
THIS JOINT FILING AGREEMENT is entered into as of September 10, 2010, by and among the parties hereto.  The undersigned hereby agree that the Statement on Schedule 13G with respect to the common stock, par value $0.001 per share (the “Common Stock”) of U.S. Concrete, Inc. and any amendment thereafter signed by each of the undersigned shall be (unless otherwise determined by the undersigned) filed on behalf of each of the undersigned pursuant to and in accordance with the provisions of Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended.


Dated:  September 10, 2010
MONARCH DEBT RECOVERY MASTER FUND LTD
By:          Monarch Alternative Capital LP
                its Investment Manager
 
By:       MDRA GP LP, its General Partner
 
By:       Monarch GP LLC, its General Partner
 
 
By: /s/ Michael Weinstock                                      
       Name:  Michael Weinstock
       Title:  Member
 
Dated:  September 10, 2010
MONARCH ALTERNATIVE CAPITAL LP
By:       MDRA GP LP, its General Partner
 
By:       Monarch GP LLC, its General Partner
 
 
By: /s/ Michael Weinstock                                     
Name:  Michael Weinstock
Title:  Member
 
Dated:  September 10, 2010
MDRA GP LP
 
By:         Monarch GP LLC, its General Partner
 
 
By: /s/ Michael Weinstock                                    
       Name: Michael Weinstock
       Title:  Member
 
Dated:  September 10, 2010
MONARCH GP LLC
 
 
By: /s/ Michael Weinstock                                   
       Name: Michael Weinstock
       Title:  Member
 

 

[Signature Page to Schedule 13G with respect to U.S. Concrete, Inc.]

 
 

 

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