Tanger Announces Proposed Private Placement of $200 Million of Exchangeable Senior Notes

GREENSBORO, N.C.--(BUSINESS WIRE)--Tanger® (“Tanger” or the “Company”) (NYSE: SKT), a leading owner and operator of outlet and open-air retail shopping destinations, announced today that its operating partnership, Tanger Properties Limited Partnership (the “Operating Partnership”), intends to offer, subject to market conditions and other factors, $200 million aggregate principal amount of its Exchangeable Senior Notes due 2031 (the “Notes”) in a private placement (the “Offering”) to persons rea