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8-K filed December 9, 2022, 6:59 PM ET ticker MHO CIK 0000799292
debt confidence high sentiment neutral materiality 0.50

M/I HOMES, INC. (MHO): debt financing — M/I Homes increases revolving credit facility to $650M, extends maturity to Dec 2026

M/I HOMES, INC.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

M/I HOMES, INC. amended revolving credit of $650.0 million with PNC Bank, National Association, as administrative agent maturing December 9, 2026.

Instrument
revolving credit
Principal
$650.0 million
Counterparty
PNC Bank, National Association, as administrative agent
Maturity
December 9, 2026
Event
amendment
Exact text from the filing
The Sixth Amendment, among other things, increased the commitments from the lenders to $650.0 million from $550.0 million, extended the maturity to December 9, 2026 and increased the letter of credit sublimit to $250.0 million from $150.0 million.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

M/I HOMES, INC. amended Sixth Amendment with the lenders party thereto and PNC Bank, National Association, as administrative agent valued at $650.0 million (effective 2022-12-09).

Action
amendment
Agreement
credit facility
Counterparty
the lenders party thereto and PNC Bank, National Association, as administrative agent
Value
$650.0 million
Effective
2022-12-09
Exact text from the filing
On December 9, 2022, M/I Homes, Inc. (the “Company”) entered into a Sixth Amendment (the “Sixth Amendment”) to the Company’s unsecured revolving credit facility, dated July 18, 2013, among the Company, the lenders party thereto and PNC Bank, National Association, as administrative agent (as so amended, the “Credit Agreement”).
View on SEC.gov

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M/I HOMES, INC. filing history →

Source: SEC EDGAR
accession 0000799292-22-000074
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