Alan Ratner

Buck Horne

Kenneth Zener

James McCanless

Alex Barron

Jay McCanless

- **M/I Homes, Inc.** executed a Seventh Amendment to its unsecured revolving credit facility on **September 18, 2025**, increasing commitments from **$650.0 million to $900.0 million** and extending the maturity to **September 18, 2030**.  **[799292_0000799292-25-000071_mho-20250918.htm:1]** 
- The amended facility includes an accordion feature, allowing for an increase in maximum borrowing availability to **$1.05 billion**.  **[799292_0000799292-25-000071_mho-20250918.htm:1]** 
- The amendment also reduced the SOFR margin to **150 basis points from 175 basis points** and decreased the commitment fee by **5 basis points to 25 basis points**, both subject to leverage ratio adjustments.  **[799292_0000799292-25-000071_mho-20250918.htm:1]** 
- As of **June 30, 2025**, there were no borrowings outstanding and **$88.5 million** in letters of credit outstanding under the Credit Agreement.  **[799292_0000799292-25-000071_mho-20250918.htm:1]**

M/I Homes Amends Credit Agreement, Increasing Commitments and Extending Maturity

- M/I Homes, Inc. has amended its credit agreement, increasing borrowing availability from **$650 million to $900 million**.  **[799292_20250919CL77344:0]** 
- The maturity of the credit facility has been extended to **September 2030**.  **[799292_20250919CL77344:0]** 
- At the closing date of the amendment, there were **no borrowings outstanding** under the credit facility.  **[799292_20250919CL77344:0]** 
- As of **June 30, 2025**, M/I Homes reported a strong financial condition with **$800 million** in cash, a homebuilding debt-to-capital ratio of **18%**, and a net debt-to-capital ratio of **negative 3%**.  **[799292_20250919CL77344:0]**

M/I HOMES (MHO)