New York, September 10, 2015 -- Moody's Investors Service said that Stardust Finance Holdings, Inc.'s plan to raise its incremental term loan due 2022 by $240 million has no immediate impact on debt ratings. Stardust Finance Holdings, Inc. operates under the brand name 'Hanson Building Products' ("Hanson"). The incremental first lien term loan will be used to finance the acquisition of Cretex Concrete Products, Inc. ("Cretex") from Cretex Companies, Inc.. Hanson's B2 CFR and stable outlook remain unchanged.
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