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Fitch rates M/I Homes notes BB
Fitch Ratings said it assigned BB/RR4 ratings to M/I Homes, Inc.'s offering of $300 million of senior notes due 2030. The agency’s issuer default rating for M/I Homes is BB.
The company intends to use a portion of the proceeds to redeem all $250 million of its 5 5/8% senior notes due 2025.
The outlook is stable.
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