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M/I Homes to start roadshow Monday for $200 million 10-year notes
By Paul A. Harris
St. Louis, March 8 - M/I Homes Inc., will begin a roadshow on Monday for a $200 million offering of 10-year senior notes (Ba2/BB), according to a market source.
The bullet notes are expected to price March 16 or 17.
Citigroup and JP Morgan will be joint bookrunners for the Rule 144A/Regulation S offering.
Proceeds will be used to repay bank debt.
M/I Homes is a Columbus, Ohio, builder of single-family homes, with operations in Columbus and Cincinnati; Indianapolis.; Tampa, Orlando and West Palm Beach, Fla.; Charlotte and Raleigh, N.C.; and the Virginia and Maryland suburbs of Washington, D.C.
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