M/I Homes Announces Pricing of $30M of Senior Notes Due 2018
M/I Homes, Inc. (NYSE: MHO) announced today the pricing of its offering of an additional $30 million of its 8.625% Senior Notes due 2018. The New Senior Notes will be additional notes issued under the indenture pursuant to which the Company's outstanding $200 million aggregate principal amount of 8.625% Senior Notes due 2018 were issued. The Existing Senior Notes and the New Senior Notes will have identical terms and will be treated as a single class under the indenture. The New Senior Notes were priced at 99.00% of their face value to yield 8.829%.
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