debt
confidence high
sentiment neutral
materiality 0.60
M/I Homes proposes $300M senior notes due 2030 to refinance $250M 5.625% notes
M/I HOMES, INC.
- Announced intention to offer $300M aggregate principal of senior notes due 2030 in unregistered offering.
- Net proceeds to redeem all $250M of outstanding 5.625% senior notes due 2025.
- Balance of net proceeds will be used for general corporate purposes.
- Offering subject to market and other conditions; no assurance it will be completed.