May 19, 2009 (FinancialWire) — M/I Homes, Inc. (NYSE: MHO) (Current Market Cap: US$211.49 Mil.) plans to launch a public offering of four million of its common shares. Citigroup Global Markets (NYSE: C) and J.P. Morgan Securities (NYSE: JPM) will act as joint-book running managers.

All of the shares are being offered by M/I Homes. The company will grant the underwriters an option to purchase up to an additional 600,000 common shares to cover over-allotments.

M/I Homes said it plans to use the proceeds received from this offering for general corporate purposes.

Columbus Ohio-based M/I Homes is a builder of single-family homes that are marketed and sold under the trade names M/I Homes and Showcase Homes.

The company has homebuilding operations in Ohio, Illinois, Indiana, Florida, North Carolina and the Virginia and Maryland suburbs of Washington, D.C.

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