UPDATE 1-M/I Homes to offer 4 mln shares

* To offer 4 mln shares

* To use proceeds for general corporate purposes

* Shares down 6 percent after the bell

May 18 (Reuters) - Single-family home builder M/I Homes Inc (MHO.N) said it will offer 4 million of its common shares to raise funds for general corporate purposes.

Shares of the company were trading down about 6 percent at $14.17 after the bell. They closed at $15.07 Monday on the New York Stock Exchange.

M/I Homes said the public offering will be made through an underwriting syndicate led by Citigroup Global Markets Inc and J.P. Morgan Securities Inc as joint book running managers.

Underwriters will be given an option to purchase up to an additional 600,000 common shares to cover over-allotments, the company said. (Reporting by A.Ananthalakshmi in Bangalore; Editing by Aradhana Aravindan) ((ananthalakshmi.as@thomsonreuters.com; within U.S. +1 646 223 8780; outside U.S. +91 80 4135 5800; Reuters Messaging: ananthalakshmi.as.reuters.com@reuters.net))