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M/I Homes to repay revolver with sale of $50 million notes
By Jennifer Chiou
New York, June 3 - M/I Homes, Inc. announced Friday it will repay borrowings on its revolving credit facility with proceeds from a sale of $50 million of senior notes.
The notes are an add-on to its existing $150 million of 6 7/8% senior notes due 2012.
Columbus, Ohio-based M/I Homes builds single-family homes.
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