U.S. Concrete reorganization plan confirmed

July 29 (Reuters) - A Delaware bankruptcy judge on Thursday confirmed U.S. Concrete Inc's RMIXQ.PK reorganization plan, three months after the company filed for creditor protection.

Judge Peter Walsh said in his ruling that U.S. Concrete's plan complied with all applicable provisions of the bankruptcy code.

U.S. Concrete filed for Chapter 11 protection in April as part of a pre-arranged restructuring deal with bondholders to cut its debt by $272 million.

The restructuring converts the company's 8.325 percent senior subordinated notes due in 2014 into equity in the reorganized company.

Also, existing shareholders will get warrants to buy 15 percent of the reorganized company's stock.

U.S. Concrete had listed 43 affiliates in its bankruptcy petition but excluded its joint venture operations in Michigan from the filing.

The case is In re: U.S. Concrete Inc, U.S. Bankruptcy Court District of Delaware (Delaware), No: 10-11407. (Reporting by Santosh Nadgir in Bangalore; Editing by Unnikrishnan Nair)