trending Market Intelligence /marketintelligence/en/news-insights/trending/nAEzb5laE8nLZ9hzYhK_9w2 content esgSubNav
In This List

M/I Homes to sell $350M of senior notes due 2028

Video

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Q&A: Streamlining Analytics for TCFD Reporting

Blog

Evergrande and the wider impact: a sentiment analytics based perspective

Blog

Insights Weekly: Midstream sector gains; loan growth momentum; insurance M&A on the rise


M/I Homes to sell $350M of senior notes due 2028

M/I Homes Inc. plans to sell $350 million of senior notes due 2028 in an unregistered offering, subject to market and other conditions.

A portion of the net proceeds will be used by the Columbus, Ohio-based homebuilder to redeem all $300 million aggregate principal amount of its outstanding 6.75% senior notes due 2021.

It will use the balance to repay borrowings under its $500 million unsecured revolving credit facility, while the remainder will be allocated for general corporate purposes.