Document


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of Securities Exchange Act of 1934


Date of Report (Date of earliest event reported): June 22, 2018

M/I HOMES, INC.
(Exact name of registrant as specified in its charter)
 
 
 
 
 
Ohio
 
1-12434
 
31-1210837
(State or other jurisdiction
 
(Commission
 
(I.R.S. Employer
of incorporation)
 
File Number)
 
Identification No.)

3 Easton Oval, Suite 500, Columbus, OH
43219
(Address of principal executive offices)
(Zip Code)

(614) 418-8000
(Telephone Number)

N/A
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a.12)
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐





ITEM 1.01    ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
On June 22, 2018 M/I Financial, LLC (“M/I Financial”), a wholly-owned subsidiary of M/I Homes, Inc., entered into an Amendment (the “Second Amendment”) to the Mortgage Warehousing Agreement dated June 24, 2016, as amended (the “MIF Mortgage Warehousing Agreement”). The MIF Warehousing Agreement is used to finance eligible mortgage loans originated by M/I Financial.

The Second Amendment, among other things, extends the maturity date from June 22, 2018 to June 21, 2019, reduces the applicable LIBOR margin from 2.375% to 2.0%, and allows the maximum amount of borrowing availability to be increased from $125 million to $160 million during the periods from September 25, 2018 to October 15, 2018 and from November 15, 2018 to February 4, 2019. The other material terms of the MIF Mortgage Warehousing Agreement remain unchanged.

A copy of the Second Amendment is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.
ITEM 9.01    FINANCIAL STATEMENTS AND EXHIBITS
(d)    Exhibits.
Exhibit No.
 
Description of Exhibit
 
 
 
10.1
 









SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date:  June 22, 2018

M/I Homes, Inc.

By:
/s/ Ann Marie W. Hunker
 
 
Ann Marie W. Hunker
 
 
Vice President, Controller and Chief Accounting Officer
 
 
 
 





EXHIBIT INDEX

Exhibit No.
 
Description of Exhibit
 
 
10.1