M/I Homes Announces Extension of Credit Facility to 2030 and Increase to $900 Million - M/I Homes (NYSE:MHO)

M/I Homes Announces Extension of Credit Facility to 2030 and Increase to $900 Million - M/I Homes (NYSE:MHO)

COLUMBUS, Ohio, Sept. 19, 2025 /PRNewswire/ -- M/I Homes, Inc. (NYSE:MHO) announced that it has entered into an amendment to its credit agreement. The amendment increases borrowing availability from $650 million to $900 million and extends the maturity to September, 2030. There were no borrowings outstanding at the closing date. Robert H. Schottenstein, Chief Executive Officer and President, commented, "We are very pleased to announce the amend…

$900 Million Credit Facility: M/I Homes Secures Major Financial Expansion with Zero Current Borrowings

Homebuilder M/I Homes increases credit facility from $650M to $900M through 2030. Company reports $800M cash position, 18% debt-to-capital ratio, and negative 3% net debt-to-capital.

M/I Homes Announces Extension of Credit Facility to 2030 and Increase to $900 Million

COLUMBUS, Ohio, Sept. 19, 2025 /PRNewswire/ -- M/I Homes, Inc. (NYSE: MHO) announced that it has entered into an amendment to its credit agreement. The amendment increases borrowing availability from $650 million to $900 million and extends the maturity to…