NEW YORK (Standard&Poor's) May 26, 2004--Standard&Poor's Rating Services said today it withdrew its 'BB-' corporate credit rating and 'B' senior subordinated debt rating on American Builders&Contractors Supply Co. Inc. (ABC) at the company's request. The company requested that the ratings be withdrawn following its May 17, 2004, redemption of all outstanding 10.625% senior subordinated notes maturing on May 15, 2007. The outstanding principal balance of $63.6 million was redeemed for $64.8 million, plus accrued interest, with funds provided under an existing unrated bank financing agreement. Privately-owned Beloit, Wis.-based ABC is the largest wholesale distributor of roofing products and one of the largest distributors of vinyl siding in the U.S., primarily serving small and midsize
