Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


May 06, 2015 5:16 PM ET

Real Estate Investment Trusts (REITs)

Company Overview of Tanger Properties Limited Partnership

Company Overview

Tanger Properties Limited Partnership owns and operates outlet centers in the United States. It focuses on developing, acquiring, owning, operating, and managing outlet shopping centers. As of September 30, 2012, it owned and operated 36 outlet centers, with a total gross leasable area of approximately 10.7 million square feet, as well as had partial ownership interests in 3 outlet centers totaling approximately 1.2 million square feet, including one outlet center in Ontario, Canada. Tanger Properties Limited Partnership was founded in 1993 and is headquartered in Greensboro, North Carolina.

3200 Northline Avenue

Suite 360

Greensboro, NC 27408

United States

Founded in 1993

289 Employees

Phone:

336-292-3010

Fax:

336-852-2096

Key Executives for Tanger Properties Limited Partnership

Chairman of Tanger GP Trust, Chief Executive Officer of Tanger GP Trust and President of Tanger GP Trust
Age: 65
Chief Financial Officer of Tanger GP Trust, Executive Vice President of Tanger GP Trust and Treasurer of Tanger GP Trust
Age: 55
Chief Operating Officer of Tanger GP Trust and Executive Vice President of Tanger GP Trust
Age: 56
Chief Accounting Officer of Tanger GP Trust, Senior Vice President of Tanger GP Trust and Controller of Tanger GP Trust
Age: 49
Executive Vice President of Tanger GP Trust, General Counsel of Tanger GP Trust and Secretary of Tanger GP Trust
Age: 42
Compensation as of Fiscal Year 2014.

Tanger Properties Limited Partnership Key Developments

Tanger Properties LP Agrees to Sell $250 Million of 3.875% Senior Notes Due 2023

Tanger Factory Outlet Centers Inc.'s operating partnership, Tanger Properties LP, agreed to sell $250 million of 3.875% senior notes due 2023 at 98.360% of the principal amount to yield 4.076% to maturity. The notes will pay interest semiannually at a rate of 3.875% per year and mature Dec. 1, 2023. The net proceeds from the offering, after deducting the underwriting discount and offering expenses, are expected to be about $243.5 million. Tanger said that it intends to use the net proceeds to repay borrowings under its unsecured lines of credit. The offering is expected to close Nov. 25, 2013. Jefferies, US Bancorp, Wells Fargo Securities and Bank of America Merrill Lynch are acting as joint book-running managers.

Similar Private Companies By Industry

Company Name Region
Huntington Preferred Capital Inc. United States
Specialty Trust Inc United States
Petra Real Estate Opportunity Trust United States
Riggs Preferred Capital United States
Mellon Preferred Capital Corp United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Tanger Properties Limited Partnership, please visit www.tangeroutlet.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.