U.S. Concrete, Inc. announced on August 26, 2021, in connection with the effectiveness of the Merger, the Company terminated the Fourth Amended and Restated Loan and Security Agreement among, the Company as borrower, certain of its subsidiaries as co-borrowers and as guarantors, certain financial institutions named therein as lenders and Bank of America, N.A., as agent for the lenders. Among other things, the Revolving Loan Agreement provided for revolving commitments of $300.0 million (the Revolving Facility") and was scheduled to mature on June 25, 2026. The obligations under the Revolving Loan Agreement were secured by first priority liens on and security interests in accounts receivable, inventory and certain other personal property of the Company and its subsidiaries and second priority liens on and security interests in certain real property of the Company's subsidiaries and certain personal property of the Company and its subsidiaries that is not ABL Priority Collateral. On August 26, 2021, the Company repaid in full all outstanding borrowings in connection with the termination of the Revolving Loan Agreement. As of August 26, 2021, the Company had $1.05 million of undrawn standby letters of credit under the Revolving Facility, which will remain outstanding. On August 26, 2021, in connection with the effectiveness of the Merger, the company terminated the Credit and Guaranty Agreement among the company as borrower, certain subsidiaries, as guarantors, JPMorgan Chase Bank, N.A., as administrative agent and collateral agent, the lenders and other parties named therein. The Term Loan Agreement provided for $300.0 million in aggregate principal amount of term loans, which were scheduled to mature on June 25, 2028. The obligations under the Term Loan Agreement were secured by a first priority lien on and security interest in the Term Loan Priority Collateral and a second priority security interest in the ABL Priority Collateral. As of August 26, 2021, $300.0 million in principal amount of Term Loans were outstanding under the Term Loan Agreement, which was repaid in connection with the termination of the Term Loan Agreement.