M/I Homes, Inc. 4.95% 01-FEB-2028M/I Homes, Inc. 4.95% 01-FEB-2028M/I Homes, Inc. 4.95% 01-FEB-2028

M/I Homes, Inc. 4.95% 01-FEB-2028

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MHO4995674 analysis



Key facts


Issue date
May 11, 2020
Maturity date
Feb 1, 2028
Outstanding amount
‪398.80 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
4.95% (Fixed)
Yield to maturity
5.74%
M/I Homes, Inc. engages in the construction and development of residential properties. It operates through the following segments: Northern Homebuilding, Southern Homebuilding, and Financial Services. The Northern Homebuilding segment includes Chicago, Illinois, Cincinnati, Ohio, Columbus, Ohio, Indianapolis, Indiana, Minneapolis or St. Paul, Minnesota, and Detroit, Michigan. The Southern Homebuilding segment refers to Orlando, Florida, Sarasota, Florida, Tampa, Florida, Fort Myers or Naples, Florida, Austin, Texas, Dallas or Fort Worth, Texas, Houston, Texas, San Antonio, Texas, Charlotte, North Carolina, Raleigh, North Carolina, and Nashville, Tennessee. The Financial Services segment offers mortgage banking services to homebuyers. The company was founded by Irving E. Schottenstein and Melvin Schottenstein in 1976 and is headquartered in Columbus, OH.
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