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Tanger to redeem $150 million of 3.875% senior notes due 2023
By Taylor Fox
New York, March 31 – Tanger Factory Outlet Centers, Inc. operating partnership Tanger Properties LP plans to redeem $150 million of its $250 million outstanding 3.875% senior notes due December 2023, according to a news release.
The notes will be redeemed on April 30 using proceeds from a sale of common stock.
Tanger Factory Outlet is an operator of open-air outlet centers based in Greensboro, N.C.
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