secwatch.observer — SEC 8-K summary
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Issuer:     M/I HOMES, INC. (MHO)
CIK:        0000799292
Form:       8-K
Filed at:   2023-05-26T23:59:59+00:00
Accession:  0000799292-23-000082
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

M/I Homes subsidiary amends mortgage warehousing credit facility; director Carter retires
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- Fourth AR Mortgage Warehousing Agreement among M/I Financial, Comerica Bank, Huntington, Truist; replaces prior agreement with BMO Harris.
- Maturity extended to May 24, 2024; pricing index changed from BSBY to Daily Adjusting 1-month SOFR plus 0.10% adjustment.
- Applicable margin reduced from 1.90% to 1.65% per annum; SOFR floor increased from 0.25% to 0.50%.
- Loan Modification sub-limit and associated fee removed; all other material terms unchanged.
- Director William H. Carter to retire effective May 31, 2023, citing potential change in independence status.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/799292/000079929223000082/0000799292-23-000082-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/799292/000079929223000082/mho-20230524.htm
  HTML page:      https://secwatch.observer/filing/0000799292-23-000082

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