M/I Homes expands revolving credit facility to $900M, extends maturity to 2030, lowers pricing

M/I HOMES, INC.

Commitments increased to $900M from $650M, with accordion feature to $1.05B.
Maturity extended to September 18, 2030; SOFR margin cut to 150bp (from 175bp) and commitment fee reduced to 25bp.
No borrowings outstanding as of June 30, 2025; $88.5M in letters of credit; borrowing base advance rates increased.

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